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£975,000

9 bed maisonette for sale
Foxhall 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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    • Tenure

      Freehold

    • Council tax band

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    Property descriptions and related information displayed on this page are marketing materials provided by - Abbotts - Ipswich Sales. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Abbotts - Ipswich Sales for full details and further information.