10 bed detached house

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10 bed detached house

Rectory Road, Ipswich, Suffolk IP2
£850,000

Price History

Initial price £975,000
28/06/25 £895,000
09/07/25 £1,115,000
28/08/25 £975,000
28/10/25 £850,000
Price Change -12.82%

Description

This exceptional investment opportunity presents a fully licensed 10-bedroom HMO, previously operated as a hotel, generating £7,200 per month in rental income. The property also includes a 2-bedroom flat, ideal for additional rental or on-site management. With a prime location just a short walk from Ipswich Town Centre and Train Station, the property benefits from excellent tenant demand, making it an ideal investment for student, professional, or contractor lets. The property features 10 fully compliant HMO rooms, 3 kitchens, 5 bathrooms, and a large communal lounge that can be converted into an 11th room. With potential to add up to 6 ensuite bedrooms at the rear and scope to boost monthly rental income to £12,000+, this turnkey investment offers a strong yield and future capital growth upside. The vendor is seeking a serious buyer and is open to reasonable offers to facilitate a quick and smooth transaction.