2 bedroom flat for sale

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2 bedroom flat for sale

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.