£90,000
1 bed flat for saleOrford Street, Ipswich IP1
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Joseph Property Agency
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About this property
Walking Distance to Ipswich Town Centre & Christchurch Park
Well Presented Apartment
Currently Rented on a Standard AST for £625pcm
Currently Generating £7500 per Annum
Potential Gross Yield of Over 8%
Well presented flat offers an excellent opportunity for investors and first-time buyers alike, conveniently located within walking distance of Ipswich town centre and the popular Christchurch Park.
The apartment is situated in a sought-after residential area, providing easy access to local amenities, shopping, and transport links. The property features a spacious lounge/bedroom with ample natural light, a fitted kitchen and a contemporary bathroom suite.
Currently rented on a standard assured shorthold tenancy (AST) at £625 per calendar month, the property is generating an annual income of £7,500, offering a potential gross yield of over 8 percent. The flat is in good decorative order throughout, with neutral tones and quality finishes, making it an attractive option for those seeking a ready-to-go investment or a stylish home close to the heart of Ipswich.
Additional benefits include double glazing, electric heating, and secure entry system. This property represents a rare opportunity to acquire a well maintained apartment in a prime location, combining strong rental returns with excellent access to the vibrant town centre and its array of shops, cafes, and cultural attractions. Early viewing is highly recommended.
EPC Rating: D
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More information
Tenure
Leasehold (995 years)
Service charge
£100 per month
Council tax band
A
Ground rent
£0
Ground rent date of next review