11 bed block of flats for sale

235 - 243 Woodbridge Road, Ipswich, Suffolk IP4

For sale by auction on Wednesday, 18 Jun 2025 at 10:00

Venue: Livestream Auction

A prime Freehold investment comprising 5 tenanted flats

Situated in the desirable IP4 area to the east of the town centre is this detached c.2010 built residential property comprising 4 two bedroom and 1 three bedroom flats with open plan living space, en-suite facilities and parking to the rear.

The property is traditionally built with block and brick, concrete floors throughout and a concrete staircase. It was built by Barnes Construction who are one of the leading contractors in East Anglia. Each flat is let on an Assured Shorthold Tenancy currently producing a combined annual income of £49,500, however with one or two of the units let at below current market levels there's certainly scope for enhancement.

This is without doubt one of the safest investments we've had the privilege of offering recently and would grace any rental portfolio.

Council Tax Bands
Nos 235 - 241 = B, No. 243 = C

EPC Rating: B

Additional Fees
Buyers Premium: £1440 inc VAT payable on exchange of contracts.

Administration Charge - £1200 inc VAT payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.