Tenure: Leasehold
Northwood are delighted to offer this modern two bedroom apartment situated to the north west of Ipswich.
This great investment opportunity is being offered with a tenant in situ paying a rent of £750.00pcm, giving a yield of 8.18%
This modern apartment benefits from two bedrooms - both with built in cupboards, bathroom and a large, bright and airy open plan lounge/ kitchen diner with Juliette balcony. Further benefiting from allocated parking.
Conveniently located within a short drive to the town centre and the railway station and within walking distance of local shops and offering excellent access onto the A12 and A14 - making it ideal for the working professionals.
Communal Entrance: Secure coded entry to communal hall. Stairs to upper floors.
Property Entrance to:
Entrance Hall: Doors to all rooms. Storage cupboards. Fitted carpet. Electric heater. Wall mounted intercom telephone.
Lounge Kitchen/Diner: 17' 0"max (11' 1"min) x 17' 0" (5.18m max 3.38m min x 5.18m) Wood effect laminate flooring. Window and electric radiator to front aspect. Juliette balcony to side aspect. Range of wall and base units to kitchen area with integrated oven, electric hob and extractor over. Integrated fridge and washer dryer.
Bedroom One: 12' 0" x 9' 9" (3.66m x 3.02m) Fitted carpet. Window and electric radiator to read aspect. Built in cupboard.
Bedroom Two: 12' 0"max (7' 6"min) x 6' 9" (3.66m max 2.32m min x 2.10m) Fitted carpet. Electric radiator and window to rear aspect. Built in cupboard.
Bathroom: Three piece suite comprising of bath with shower over, low level WC and pedestal wash basin. Vinyl flooring and part tiled walls. Wall mounted electric heater.
Parking: One allocated parking bay
The property comes with the remainder of a 125 year lease that was granted in 2007.
Ground Rent: £300.00 per annum
Service Charge: £1663 (this was for 2023)
EPC rating: C. Council tax band: X, Tenure: Leasehold, Annual ground rent: £300, Annual service charge: £1663,