For sale by auction on 15/05/2024 at Live Broadcast Auction\r
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Lot Number 7\r
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31 & 31A Mornington Avenue\r
Ipswich\r
Suffolk\r
IP14LA\r
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Guide Price:\r
£150,000 - £175,000\r
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Discover a unique investment opportunity on Mornington Avenue, situated in the highly desirable Dales area of Ipswich. This property, originally built as a double-bay semi-detached home, has been tastefully converted into two self-contained one-bedroom flats. Each flat enjoys its own front door from the covered entrance porch, providing privacy and convenience. Currently occupied by established tenants on periodic ASTs, these flats offer long-term stability for investors. With the benefits of gas central heating and double glazing, both units provide comfortable living spaces year-round. Additionally, there is a small private garden serving the ground floor flat, while the garage is let to a separate tenant for storage. Don't miss this exceptional opportunity to invest in a prime location with proven rental income.\r
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Tenure: Freehold\r
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EPC: D, D\r
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Tenancy: 31 - AST 2019 now periodic\r
31A - AST 2019 now periodic\r
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Current Yield: 31 - £610 pcm / £7,320 pa\r
31A - £610 pcm / £7,320 pa\r
£1220 pcm / £14,640 pa\r
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TENANTED INVESMENT\r
DALES AREA\r
CONVERTED PROPERTY\r
TWO FLATS\r
ESTABLISHED TENANTS\r
GAS HEATING\r
PRIVATE GARDEN\r
PROVEN INCOME\r
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Open viewings have been arranged for:\r
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Tue 7 May 17:00 - 18:00\r
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(10 Minute viewing slots\r
MUST be pre-booked)\r
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Vendors Solicitors\r
Mr Edward Thomson\r
Kerseys Solicitors\r
32 Lloyds Avenue\r
Ipswich\r
IP1 3HD