5, 5A & 5B Norwich Road, Ipswich IP1 2ET Mixed use for sale

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5, 5A & 5B Norwich Road, Ipswich IP1 2ET Mixed use for sale

5, 5A & 5B Norwich Road, Ipswich IP1 2ET
£180,000

Price History

Initial price £200,000
25/07/25 £180,000
Price Change -10.00%

Description

This mixed-use investment property is located on the western fringe of the town center and comprises two retail units with a three-bedroom duplex flat above. The retail units are let on six-year leases from 2024, generating a combined annual income of £12,600, while the flat is let on an Assured Shorthold Tenancy, bringing in an additional £10,800 per annum. The total annual income is £23,500, representing 11.7% of the low guide price. The property is freehold, with an EPC rating of E, and is being sold by livestream auction on July 30th, 2025. The buyer will be responsible for an administration fee, buyer's premium fee, and any disbursements listed in the legal pack.