1 bedroom flat for sale

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1 bedroom flat for sale

Tuddenham Road, Ipswich, IP4
£112,000

Price History

Initial price £120,000
02/11/24 £118,000
08/11/24 £116,000
18/11/24 £114,000
21/11/24 £112,000
Price Change -6.67%

Description

This 1-bedroom flat in Ipswich is a great investment opportunity for those looking to expand their portfolio. The property is well-kept and features a lounge, kitchen, and bathroom, and is currently generating an annual gross income of £7,440. With long-term tenants already in place, the new owner can increase the rental income to a market rate of £7,884, making it a worthwhile addition to any investment portfolio. The current tenants have lived in the property for several years and have consistently paid their rent, and they intend to remain in the property, providing a smooth transition for the new owner. With its valuable amenities and potential for increased rental returns, this property is a fantastic opportunity for investors.