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Siloam Place, Ipswich IP3 2 bed flat for sale
Siloam Place, Ipswich, IP3
£140,000
Siloam Place, Ipswich, IP3
£140,000
Price History
Initial price | £145,000 |
29/03/25 | £140,000 |
06/04/25 | £136,000 |
11/04/25 | £134,000 |
16/04/25 | £132,000 |
22/04/25 | £130,000 |
19/06/25 | £140,000 |
Price Change | -3.45% |
Description
This 2-bedroom flat in Ipswich is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, two modern bathrooms, a lounge, and a kitchen. Currently, it produces an annual gross income of £10,740, which could be increased to a market rate of £13,500 with long-term tenants already in place. The tenants, who have been living in the property for several years, have consistently paid their rent and do not intend to move out, providing a stable income stream for the new owner. With a purchase price that offers a worthwhile return, this property is an attractive addition to any investment portfolio.