End terrace house for sale in Hervey Street, Ipswich IP4

£325,000
Interested in this property? Call +44 1473 559928 * or Request Details

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End terrace house for sale - 3 bedrooms

3 3 3

Tenure:
Freehold
Council tax band:
A

Property features

  • Ideal Investment Opportunity
  • Gross Yield of Over 7%
  • Three One Bedroom Apartments
  • Close Proximity to Christchurch Park
  • Currently Generating Annual Income of £25,140

Property description



Rare investment opportunity to acquire three one bedroom apartments on the same title, each offering comfortable living spaces. Currently generating an impressive annual income of £25,140, this property boasts a gross yield of over 7%, making it an attractive option for savvy investors. Situated in close proximity to the picturesque Christchurch Park, these apartments are positioned in an incredibly desirable location and provide a strong rental history.

Apartment One - £695pcm

Kitchen
Accessed via upvc double glazed entrance door. Upvc double glazed window to the side, built in oven, built in hob with stainless steel extractor hood over, space and plumbing for washing machine, space for fridge/freezer, wood effect flooring, tiled splash back, smooth ceiling with inset spotlighting and access to:

Inner Hall
Wood effect flooring, radiator, smooth ceiling with inset spotlighting and doors giving access to:

Upvc double glazed window to the rear, upvc double glazed door giving access to the rear garden, radiator, wood effect flooring and smooth ceiling with inset spotlighting.

Bathroom
Upvc double glazed window to the side, radiator, pedestal wash hand basin with mixer tap, low level wc, shaped and panel bath with mixer tap and shower attachment, smooth ceiling with inset spotlighting, part tiled walls and cupboard housing wall mounted boiler.

Lounge
Upvc double glazed window to the rear, brick feature fire place, smooth ceiling with inset spotlighting, wood effect flooring and radiator.

Apartment Two - £695pcm

Kitchen
Wood effect flooring, upvc double glazed window to the side, wall panel heater, roll top work surface, space for cooker with cooker hood over, single drainer sink with base units under and above and tiled splashbacks.

Bedroom One
Upvc double glazed window to the rear and electric panel heater.

Bathroom
Upvc double glazed window to the rear and side, electric storage heater, part tiled walls, bath and low level wc.

Lounge
Upvc double glazed bay window to the front and electric heater.

Apartment Three - £705pcm

Kitchen
Upvc double glazed window to the side, wall mounted boiler, space and plumbing for washing machine, radiator, integrated oven, wall and base units with cupboards and draws under and above. Roll top work surface, cupboard housing ....

Lounge
Upvc double glazed window to the rear, picture rail and cupboard.

Bathroom
Panel bath with shower cubicle, pedestal wash hand basin, low level wc, extractor fan, radiator, part tiled walls and inset spotlighting.

Bedroom One
Upvc double glazed bay window to the front, wood effect flooring and picture rail.

Agents notes: We haven't approached for a rent increase in the past two years, we would usually envisage rents for these apartments being between £700 - £725pcm.

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Joseph Property Agency, IP1 on +44 1473 559928 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Joseph Property Agency, and do not constitute property particulars. Please contact Joseph Property Agency for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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