1 bed Flat For Sale £70,000
Foundry, Ipswich IP4

DESCRIPTION:

A Modern One Bedroom Apartment. Excellent Location. Currently Rented on AST at £725 per month / £8,700 per year, circa 12.4 % Gross Yield. Ideal for Investors or Owner Occupiers.(Notice can be served to the current tenant should vacant possession be required)

ACCOMMODATION:

Entrance Hall, Reception Room, Kitchen, Bedroom, Bathroom, Lift Access, First Floor, Allocated Parking Space.

LOCATION:

Ipswich is a town and borough in the county of Suffolk, England. Ipswich is the county town of Suffolk and is the largest settlement in the county, followed by Lowestoft and Bury St Edmunds. It is situated in East Anglia. Ipswich is the second-largest population centre in East Anglia, Norwich being the largest. It is 67 miles (108 km) northeast of London. The Ipswich built-up area is the fourth-largest in the East of England region and the 42nd-largest in England and Wales. It includes the towns and villages of Kesgrave, Woodbridge, Bramford and Martlesham Heath.

VIEWING:

Appointment required. Please contact the office.

TENURE:

Leasehold

AUCTION DATE:

Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Tuesday 15th November.

The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.

UNCONDITIONAL LOT:

Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 10% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).

*Connect UK Auctions does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. All displayed property boundaries use data provided by Land Registry and is assumed to be correct and updated regularly. However for the avoidance of doubt all displayed property boundaries are indiciative and for marketing purposes only.