Westerfield Road

Westerfield Road, Ipswich, IP4

Property Details

  • Type
    HMO
  • Status
    For Sale
  • Location
    Ipswich
  • Price
    £950,000.00
  • Bedrooms
    13
  • Bathrooms

Westerfield Road

 

Ascot Estate Agency are delighted to bring to the market a unique opportunity to acquire a 13 room HMO situated on the northern approaches to Ipswich. This extensive property would make an excellent investment purchase and is situated in one of Ipswich's best locations, within walking distance of Christchurch Park, and the town centre with an extensive range of shops and other local amenities. The property boasts a secure intercom entrance, communal gardens, off road parking, double glazing and central heating.

 

Each flat is currently tenanted and benefits from a spacious bedroom, fitted kitchens with white goods, open plan lounge/dining area and shower room; all of which are maintained in good order. There is residents parking to the front of the property, and attractive communal gardens.

 

Location
Ipswich town centre is within walking distance, and as previously mentioned, offers a range of commercial, educational, and leisure facilities, including shops, schools, bars, restaurants, University of Suffolk, and Ipswich Mainline Railway station which offers frequent links to London Liverpool Street.

 

This unique investment opportunity benefits from a yearly rental income of £43,680 broken down as follows;

Flat no. Monthly rent = (x12) Yearly income
Flat 1. £300 x12 = £3,600
Flat 2. £250 x12 = £3,000
Flat 3. £285 x12 = £3,420
Flat 4. £310 x12 = £3,720
Flat 5. £260 x12 = £3,120
Flat 6. £195 x12 = £2,340
Flat 7. £300 x12 = £3,600
Flat 8. £250 x12 = £3,000
Flat 9. £250 x12 = £3,000
Flat 10. £240 x12 = £2,880
Flat 11. £350 x12 = £4,200
Flat 12. £350 x 12 = £4,200
Basement Flat. £300 x12 = £3,600
Total yearly income: £43,680

 

Property Features

    Parking

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