Initial price	£112,000
24/04/24	£108,000
Price Change	-3.57%

Pennington is offering for sale a one bedroom ground floor apartment in the town center of Ipswich, which is currently rented for £675.00 per month on an assured short hold tenancy, providing a yield of 7.2%. The apartment is full of character and is ideally located in the main town center of Ipswich, the County Town of Suffolk. The property features a private hallway with fitted carpet, radiator, and intercom system, a lounge with sash window, cupboard housing gas boiler, and coved ceiling, a kitchen with sash window, range of wall and base units, single drainer sink, radiator, space for under counter fridge and free standing oven, concealed extractor hood, and plumbing for washing machine. The bedroom has a sash window, fitted carpet, radiator, and coved ceiling. The bathroom features a panelled bath with mixer tap and shower attachment, pedestal wash hand basin, close coupled w.c., extractor fan, radiator, part tiled walls, and wood effect flooring. The lease details reveal that there is a remainder of a 199-year lease from 2000, and the service charge is £1175.50 per annum, with ground rent of £610.18 per annum.