£975,000
9 bed maisonette for saleFoxhall Road, Ipswich, Suffolk IP3
9 beds
6 baths
6 receptions
EPC Rating: D
- Freehold
Abbotts - Ipswich Sales
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About this property
Accommodation Details:
- Flats: 6 residential flats (mix of 1-bed and 2-bed)
- Commercial Unit: Ground floor shop (let at £1,200/month)
- Parking: 3–4 car spaces
- Garages: 3 units with planning consent for conversion to offices
Location: High Street Adjacent, 42 foxall road, IP3 8HL
Current Gross Income: £78,000 per annum
Potential Gross Income (Post-Development): £99,600 per annum
We are delighted to offer for sale this outstanding detached mixed-use property, strategically positioned just off the high street in a vibrant and well-connected area. This investment comprises six self-contained residential flats (a combination of one-bedroom and two-bedroom units) and a ground-floor commercial unit, all of which are currently tenanted and income-generating.
The property benefits from off-street parking for 3–4 vehicles, as well as three garages, which come with approved planning permission to convert into office spaces—unlocking further rental potential.
Rental Income:
Current Monthly Income:
Flat A – £900
Flat B – £950
Flat C – £850
Flat D – £900
Flat E – £850
Flat F – £850
Shop – £1,200
Total: £6,500/month (£78,000/year)
Future Monthly Potential (Post Office Conversion):
3 Offices – Projected £1,800/month
Total Future Income: £8,300/month (£99,600/year)
Investment Highlights:
- Freehold interest with full rental occupancy
- Strong yield with further uplift through planning gain
- Planning approved for conversion of garages to office space
- High-demand rental area close to shops, schools, and transport
- Ideal for buy-to-let investors or mixed-use portfolio expansion
This property presents a rare chance to acquire a fully-let, income-producing freehold asset with excellent prospects for increased rental yield and capital growth. Perfectly suited for investors looking for passive income with the added benefit of approved development potential.
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