Initial price	£80,000
18/11/25	£70,000
Price Change	-12.50%

This 4th floor waterfront apartment in the Neptune Marina building on Ipswich waterfront is being sold by livestream auction on December 10th, 2025. The property has one bedroom, a fitted kitchen, and a balcony, and is currently let on a 6-month tenancy with a rent of £820 per month, which will end on or before December 10th. The property offers a gross annual yield of around 14% relative to the guide price, making it a solid investment opportunity. The apartment is leasehold with 125 years remaining on the lease, and has a council tax band of B. The buyer will be required to pay an administration fee, buyer's premium fee, and disbursements, as outlined in the legal pack.