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
£130,000

Price History

Initial price £145,000
29/03/25 £140,000
06/04/25 £136,000
11/04/25 £134,000
17/04/25 £132,000
23/04/25 £130,000
Price Change -10.34%

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 generates 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 consistently paying their rent for several years and have no intention of moving out, making for a stable and lucrative investment. With its proximity to valuable amenities and potential for increased rental returns, this property is a worthwhile addition to any investor's portfolio.