Siloam Place, Ipswich IP3 2 bed flat for sale

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Siloam Place, Ipswich IP3 2 bed flat for sale

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.