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2 bedroom flat for sale
Siloam Place, Ipswich, IP3
£134,000
Siloam Place, Ipswich, IP3
£134,000
Price History
Initial price | £145,000 |
29/03/25 | £140,000 |
06/04/25 | £136,000 |
11/04/25 | £134,000 |
Price Change | -7.59% |
Description
This 2-bedroom flat in Ipswich is an attractive investment opportunity, offering a strong annual gross income of £10,740, which could be increased to £13,500 with new tenants. The property is well-maintained and features two spacious bedrooms, two modern bathrooms, a lounge, and a kitchen. With tenants already in place, there is minimal risk and a smooth transition process can be expected. The current tenants have been paying rent consistently for several years and have no intention of moving out, making this a stable and lucrative investment for the new owner. With a potential yield of over 7%, this property is an excellent addition to any investor's portfolio.