Upper Orwell Street, Ipswich, IP4 6 bed block of apartments for sale

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Upper Orwell Street, Ipswich, IP4 6 bed block of apartments for sale

Upper Orwell Street, Ipswich, IP4
£750,000

Our Summary

  • Situated in the heart of the town centre, this lucrative Block of Apartments presents a prime investment opportunity for discerning buyers seeking a stable rental income

Description

This lucrative Block of Apartments in the heart of the town centre offers a prime investment opportunity, with a stable rental income and a current gross income of £56,520 per annum. The property comprises five residential units, including four one-bedroom apartments and one two-bedroom apartment, all currently occupied, with rental rates ranging from £785 to £950 per month. The commercial unit adds an additional £575 per month to the income stream. The property's Freehold ownership adds security and control for the investor, and its location in the town centre provides a high demand for high-quality urban living. The apartments' design provides comfortable and functional living spaces, ensuring tenant retention over the long term. With a proven track record of steady rental income and a strategic location, this property is poised to continue its success in the property market, making it an attractive opportunity for investors looking to secure their financial future.