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UNDER OFFER

Adair Road, Ipswich, Suffolk, IP1

PROPERTY TYPE

Ground Flat

BEDROOMS

1

BATHROOMS

1

SIZE

333 sq ft

31 sq m

Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Key features

  • Investment opportunity
  • Recently replaced double glazing
  • New roof
  • Enclosed rear garden
  • Ground floor flat

Description

Guide Price £80,000 to £85,000 Leasehold. Investment purchase. A well presented one bedroom ground floor flat located on the western outskirts of Ipswich, close to local amenities approx. 2 miles from Ipswich town centre and the mainline railway station. Accommodation includes lounge, kitchen, bedroom and bath room. The property has electric heating, recently replaced double glazed windows and benefits from a new roof and enclosed rear garden. Currently let at £500pcm giving a gross yield of approx. 7.5%.

Sealed unit double glazed door to:

Entrance Hall:
With store cupboard, smoke detector, doors to:

Separate WC:
Fitted with white W.C. Sealed unit double glazed window to side.

Kitchen:
Fitted with a range of beach effect units comprising insert single drainer stainless steel sink unit with mixer tap. Worktops with cupboards under and drawer, plumbing for automatic washing machine. Two double eye level units. Sealed unit double glazed window to rear. Tiled splash backs. Oak effect vinyl floor, built in pantry. Electric cooker point.

Lounge:
Tiled open fireplace, picture rails. Sealed unit double glazed window to front. Heatstore electric thermostatic controlled radiator. Television point.

Bedroom:
Sealed unit double glazed window to rear. Television point. Heatstore electric panel radiator. Door to:

Bathroom:
Fitted white suite comprising panelled bath, pedestal wash hand basin. Vinyl floor. Tiled splash backs. Sealed unit double glazed window to rear. Extractor fan. Heatstore downflow heater. Airing cupboard housing Invacyl hot water tank with immersion heater.

Outside:
The flat enjoys a good size rear garden laid predominately to lawn, enclosed by close board fence.

Services:
It is understood that mains water, drainage and electricity are connected to the property.

Lease details:
A new lease will be granted upon the sale of the property extending the current term by 90 years thereby giving a total lease length of 155 years. Share of the Freehold will be transferred upon completion, No ground rent payable. Service charges to be agreed between owners of freehold (2 flats). Owners responsible for their own buildings insurance.

Investment details:
The property is currently let on an assured shorthold tenancy created June 2023 for 12 months at a rent of £500 pcm. The existing tenant has been in residence for some considerable time.

Brochures

Full Details
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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GARDENA property has access to an outdoor space, which could be private or shared.
Rear garden
ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Adair Road, Ipswich, Suffolk, IP1

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Ipswich Station1.7 miles
  • Westerfield Station2.2 miles
  • Derby Road Station3.0 miles
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About the agent

Maxwell Brown, Stowmarket

45 Ipswich Street, Stowmarket, IP14 1AH

Maxwell Brown, Stowmarket
Welcome to Maxwell Brown
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Disclaimer - Property reference adair10. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Maxwell Brown, Stowmarket. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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