3 Bed Terraced House For Sale Ranson Road, Ipswich, IP6

£240,000- Terraced

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Last Updated: 23rd March 2024

Description

*INVESTORS ONLY*

A fantastic opportunity to own this three-bedroom mid terrace family sized home, situated in the sought-after market town of Needham Market and offered with no onward chain.
Through the entrance door you have access to a spacious lounge with double aspect windows and double doors leading out to the rear garden and double aspect kitchen/diner, with under-stairs storage cupboard, which has the scope to be converted to a downstairs W/C.
The first-floor landing has boiler cupboard, storage cupboards and access to three generous sized bedrooms and family bathroom.
The secluded rear garden is mainly laid to lawn with multiple seating areas and access to the brick-built storage shed with power.
With shingle to the front of the property there is an option to make off road parking STP.
Ideal as a first time purchase or as a rental investment generating approx. £1100/£1200pcm generating a yield of 5.75% Gross.
Needham Market lies in the heart of Mid Suffolk between the towns of Bury St Edmunds and Ipswich. Facilities include butchers, bakers, post office, co-op supermarket and several independent shops. Needham Market also benefits from a railway station with mainline connections to Ipswich and Stowmarket where in turn there are main line services to London Liverpool Street. The town also has the Needham Lake conservation area with several countryside walks and the county town of Ipswich, just eight miles away with plenty of social, shopping and leisure facilities.

*Tenants in situ. Property could achieve a 5.65% yield.

Entrance -

Lounge - 4.88m x 3.96m (16'982 x 13'018) -

Kitchen - 4.88m x 2.44m (16'880 x 8'888) -

First Floor Landing - 2.44m x 1.52m (8'907 x 5'289) -

Master Bedroom - 3.66m x 2.74m (12'730 x 9'865 ) -

Bedroom Two - 2.74m x 2.44m (9'941 x 8'593) -

Bedroom Three - 2.74m x 1.83m (9'784 x 6'102) -

Bathroom - 1.52m x 1.52m (5'942 x 5'571) -

Rear Garden -
Agent Details
Rock Estates Suffolk
Unit 6 Maitland Road, Lion Barn Industrial Estate, Needham Market, IP6 8NW

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested