House For Sale £120,000
For sale by auction on Wednesday, 22 Mar 2023 at 11:00
Venue: Livestream Auction
A prime residential investment with an established tenant
Situated to the west of Ipswich town centre is this single bay fronted terraced house which is in good order throughout.
The property, which offers gas central heating and double glazing to the 3 bedroom (3rd off the 2nd) accommodation, has an established tenant in residence and a new 12 month AST at a rent of £725 per calendar month (£8,700 per annum) will be put into place prior to completion of the sale.
The annual yield of over 6.5% relative to the low Guide Price suggests this an investment opportunity not to be missed.
Council Tax Band
A
Viewing
Open Viewings can be arranged. Booking an appointment is essential.
Please contact our Ipswich office to be allocated a slot on your preferred day.
EPC Rating: C
Additional Fees
Buyers Premium: £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
A prime residential investment with an established tenant
Situated to the west of Ipswich town centre is this single bay fronted terraced house which is in good order throughout.
The property, which offers gas central heating and double glazing to the 3 bedroom (3rd off the 2nd) accommodation, has an established tenant in residence and a new 12 month AST at a rent of £725 per calendar month (£8,700 per annum) will be put into place prior to completion of the sale.
The annual yield of over 6.5% relative to the low Guide Price suggests this an investment opportunity not to be missed.
Council Tax Band
A
Viewing
Open Viewings can be arranged. Booking an appointment is essential.
Please contact our Ipswich office to be allocated a slot on your preferred day.
EPC Rating: C
Additional Fees
Buyers Premium: £900 inc VAT payable on exchange of contracts.
Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
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