Flat 414, Foundry, The Mill, College Street, Ipswich, Suffolk, IP4 1FP
- FOR SALE BY AUCTION 13TH DECEMBER
- Ideal Investment Opportunity.
- Generating a gross yield circa 12.4%
- Full Auction Legal Pack Available Upon Request.
- First Floor Flat
- Currently on AST producing £8,700 per annum
- Excellent Location.
- Viewings: By appointment only. 8TH DECEMBER 2023
- Internal photos available upon request.
A Modern One Bedroom Apartment. Excellent Location. Currently Rented on AST at £725 per month / £8,700 per year, circa 12.4 % Gross Yield. Ideal for Investors or Owner Occupiers.(Notice can be served to the current tenant should vacant possession be required)
Entrance Hall, Reception Room, Kitchen, Bedroom, Bathroom, Lift Access, First Floor, Allocated Parking Space.
Ipswich is a town and borough in the county of Suffolk, England. Ipswich is the county town of Suffolk and is the largest settlement in the county, followed by Lowestoft and Bury St Edmunds. It is situated in East Anglia. Ipswich is the second-largest population centre in East Anglia, Norwich being the largest. It is 67 miles (108 km) northeast of London. The Ipswich built-up area is the fourth-largest in the East of England region and the 42nd-largest in England and Wales. It includes the towns and villages of Kesgrave, Woodbridge, Bramford and Martlesham Heath.
By appointment only. 8TH DECEMBER 2023
Connect Realtime® Bidding commences at 12pm with closing bids at 1pm, Wednesday 13th December
The Lot is for sale via Traditional Auction. This is a timed auction, which requires both parties to complete the transaction within the completion date as per the auction legal pack. The buyer, is required to register, with Connect UK Auctions, in order to participate and will be required to go through, identification verification process. The auction Legal Pack, is available by request. You are required to complete your own due diligence prior to bidding. The Lot is subject to an undisclosed Reserve Price. The Reserve Price and Starting Bid being subject to change.
Auction Fees apply, upon the fall of the gavel, as per the auction legal pack. The highest bidder, will also pay a deposit of 10% (minimum £5,000) of the hammer price and contracts are exchanged. The purchaser is legally bound to buy and the vendor is legally bound to sell the Property/Lot. The auction conditions require a full legal completion 28 or 42 days following the day of auction (unless otherwise stated in the legal pack).