Siloam Place, Ipswich IP3 2 bed flat for sale

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Siloam Place, Ipswich IP3 2 bed flat for sale

Siloam Place, Ipswich IP3
£140,000

Our Summary

  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)

Description

This 2-bedroom flat in Ipswich is a great investment opportunity for those looking to expand their portfolio. The property is well-maintained and features two spacious bedrooms, two modern bathrooms, a lounge, and a kitchen. Currently, it generates an annual gross income of £10,740, which could be increased to £13,500 with long-term tenants already in place. The property has a consistent rental history, with tenants who have lived there for several years and have always paid their rent on time. With a purchase price that will yield a worthwhile return, this property is a great addition to any investor's portfolio.