2 bedroom flat

16-18, Princes Street, Ipswich, Suffolk, IP1 1QU

Size: 77 sqm

Purchase price

£165,000

Size: 77 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £7,800
Ground rent £300
Service charge £1,217
Net income £6,283
Gross yield 4.73%
Net yield 3.81%

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom third floor apartment is ideally located in the heart of Ipswich centre, enquire today to avoid disappointment.


This wonderful two bedroom apartment comprises of an entrance hallway leading to a spacious lounge, with double glazed windows; a fully fitted kitchen with all appliances included; the master double bedroom with double glazed window and en-suite shower room; a three piece family bathroom with shower over bath; second double bedroom with double glazed window. The property is located on the third floor, and is in the heart of Ipswich.

There couldn’t be a better time to invest in Ipswich - the combination of the town’s regeneration and improved commuter access have had a massively positive effect on house prices in Ipswich. This is good news, not just for homeowners, but also for property developers who recognise Ipswich’s potential future fortunes and are willing to invest in new housing developments in the town – which, in turn, could spur further growth in the local economy. The average price for property in IP1 1QU stood at £128,974 in January 2021, this is a rise of 4.44% since 12 months ago.

A Network Rail investment of £2 billion into major improvements to the line between London and East Anglia, alongside specific proposals to reduce the commute time between Ipswich and the capital to less than an hour by 2024, will also serve to make the town more attractive to house-hunters looking for property with easy access to the city, but without having to pay London property prices.

Interested in this property? Enquire today for more information

Key features

Key features

Earn instant income

Key features

Two bedroom two bathroom

Key features

Third floor

Key features

Secure entry system

Key features

Lift

Key features

Excellent location

Key features

Great transport links

Key features

Shops, bars and amenities nearby

Key features

In the heart of Ipswich town centre

EARN INSTANT INCOME ON THIS ALREADY TENANTED INVESTMENT OPPORTUNITY - NOT SUITABLE FOR OWNER OCCUPIERS! This excellent two bedroom third floor apartment is ideally located in the heart of Ipswich centre, enquire today to avoid disappointment. More info...

This wonderful two bedroom apartment comprises of an entrance hallway leading to a spacious lounge, with double glazed windows; a fully fitted kitchen with all appliances included; the master double bedroom with double glazed window and en-suite shower room; a three piece family bathroom with shower over bath; second double bedroom with double glazed window. The property is located on the third floor, and is in the heart of Ipswich.

There couldn’t be a better time to invest in Ipswich - the combination of the town’s regeneration and improved commuter access have had a massively positive effect on house prices in Ipswich. This is good news, not just for homeowners, but also for property developers who recognise Ipswich’s potential future fortunes and are willing to invest in new housing developments in the town – which, in turn, could spur further growth in the local economy. The average price for property in IP1 1QU stood at £128,974 in January 2021, this is a rise of 4.44% since 12 months ago.

A Network Rail investment of £2 billion into major improvements to the line between London and East Anglia, alongside specific proposals to reduce the commute time between Ipswich and the capital to less than an hour by 2024, will also serve to make the town more attractive to house-hunters looking for property with easy access to the city, but without having to pay London property prices.

  • Key features
    Tick Desktop Earn instant income
    Tick Desktop Two bedroom two bathroom
    Tick Desktop Third floor
    Tick Desktop Secure entry system
    Tick Desktop Lift
    Tick Desktop Excellent location
    Tick Desktop Great transport links
    Tick Desktop Shops, bars and amenities nearby
    Tick Desktop In the heart of Ipswich town centre
  • LocationLocation

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £7,800
Ground rent £300
Service charge £1,217
Net income £6,283
Gross yield 4.73%
Net yield 3.81%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.