1 bed flat for sale

Flat 417, 1 Coprolite Street, Ipswich, Suffolk IP3

For sale by auction on Wednesday, 22 Oct 2025 at 10:00

Venue: Livestream Auction

A tenanted 4th floor flat on the waterfront

Within the Neptune Marina building on Ipswich waterfront is this 4th floor flat.

The property offers one bedroom accommodation including a fitted kitchen and balcony and is currently let on a 6 month tenancy from March 2004 (now rolling) with a rent of £820 per calendar month.

With a gross annual yield of over 12% relative to the Guide Price we see this as a solid investment.

Council Tax Band
B


EPC Rating: C

Additional Fees
Buyers Premium: £1200 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.