2 bedroom flat for sale

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2 bedroom flat for sale

Siloam Place, Ipswich, IP3
£140,000

Price History

Initial price £145,000
29/03/25 £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 have been paying their rent consistently for several years and have no intention of moving out, making it a reliable and stable investment. With a potential increase in rental income, this property is a worthwhile addition to any investor's portfolio.