High yielding residential investment comprising a delightful waterfront duplex apartment producing £11,820per annum, giving a gross yield of 10.7-13.1%

With partial views of the marina close to the town centre and just steps from a number of bars and restaurants is this immaculate one bedroom duplex apartment which comes with its own allocated parking space. The property offers open plan living including a fitted kitchen area with a built-in oven, hob, extractor, dishwasher and fridge freezer, there is also a free standing washer/dryer and all furnishings are included. There is currently a tenant situ on an AST for 12 months producing £985pcm.

Tenure

Leasehold. 125 years from January 2012

Council Tax Band

B

Lease details

125 years from January 2012 Service Charge £2,367.24 pa (includes water) Ground Rent - £300 pa

Energy Efficiency Rating (EPC)

Current Rating C

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Ipswich Borough Council

Solicitors

Barker Gotelee, Ref: Penny Gordon, Tel: 01473 350594

Offered in association with

KWD SURVEYORS

Additional Fees

Buyer's Premium - £900 inc VAT payable on exchange of contracts.

Administration Charge - 0.3% inc VAT of the purchase price, subject to a minimum of £1200 inc VAT, payable on exchange of contracts.

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.