1 bedroom apartment

St. Matthews Street, Ipswich IP13EL

Size: sqm

Purchase price

£110,000

Size: sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £6,600
Ground rent £250
Service charge £1,359
Lettings fees £792
Net income £4,199
Gross yield 6%
Net yield 3.82%

Yieldit are delighted to offer onto the market this well presented investment property. The beautifully presented and spacious apartment briefly comprises of living room, fitted kitchen, decent sized bedroom and bathroom. The apartment is located in a popular location which is surrounded by a plethora of shops and restaurants. Local road networks and public transport are also close by for those that are looking to commute.

Ipswich is proud to be one of England’s oldest towns, and while it embraces its past, it has become one of the most exciting places in Britain. From a rich legacy of artistic innovation, the town is now a vibrant centre for culture and the arts and has one of the highest concentrations of organisations receiving regular Arts Council funding.

The price growth in Ipswich is higher than the national average, with the 2 year growth at 9.5 times the national average. Despite its excessive growth, IP1 is a relatively inexpensive area, with an average price -28.8% lower than the national average so there is a lot of scope for growth in the years to come. The average house price in Ipswich, IP1 is £237,146 and the average rent is £916.

** ALREADY TENANTED INVESTMENT PROPERTY**EARN INSTANT INCOME**FULLY FURNISHED**

Interested in this property? Enquire today for more information

Key features

Key features

INVESTMENT OPPERTUNITY

Key features

6% GROSS YIELD

Key features

FULLY FURNISHED

Key features

JUST OVER AN HOUR TO LONDON BY TRAIN

Key features

GREAT LOCAL AMMENITIES

Key features

FITTED KITCHEN

** ALREADY TENANTED INVESTMENT PROPERTY**EARN INSTANT INCOME**FULLY FURNISHED** More info...

Yieldit are delighted to offer onto the market this well presented investment property. The beautifully presented and spacious apartment briefly comprises of living room, fitted kitchen, decent sized bedroom and bathroom. The apartment is located in a popular location which is surrounded by a plethora of shops and restaurants. Local road networks and public transport are also close by for those that are looking to commute.

Ipswich is proud to be one of England’s oldest towns, and while it embraces its past, it has become one of the most exciting places in Britain. From a rich legacy of artistic innovation, the town is now a vibrant centre for culture and the arts and has one of the highest concentrations of organisations receiving regular Arts Council funding.

The price growth in Ipswich is higher than the national average, with the 2 year growth at 9.5 times the national average. Despite its excessive growth, IP1 is a relatively inexpensive area, with an average price -28.8% lower than the national average so there is a lot of scope for growth in the years to come. The average house price in Ipswich, IP1 is £237,146 and the average rent is £916.

  • Key features
    Tick Desktop INVESTMENT OPPERTUNITY
    Tick Desktop 6% GROSS YIELD
    Tick Desktop FULLY FURNISHED
    Tick Desktop JUST OVER AN HOUR TO LONDON BY TRAIN
    Tick Desktop GREAT LOCAL AMMENITIES
    Tick Desktop FITTED KITCHEN
  • LocationLocation
  • EPCEPC

*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 £6,600
Ground rent £250
Service charge £1,359
Lettings fees £792
Net income £4,199
Gross yield 6%
Net yield 3.82%

*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.