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10-32 Benezet Street, Ipswich, Suffolk, IP1

For Sale: Offers in Excess of £850,000

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UNDER OFFER

Key Features

Close to city centre

Current rental income £83,592 per annum

Residential area

Estimated Rental Value * £94,500 per annum

Fully Let

EPCs and other Landlord certificates are available upon request.

Contact

Property Description

The property comprises 13 self-contained flats within an original period building to the front and more modern development to the rear of the site. The works were undertaken in 2008/2009 following planning consent being granted in 2007 (reference IP/06/01027/FUL).

The flats are a mix of studio and one bedroom units let on Assured Shorthold Tenancies and generate a current rent of £83,592 per annum (scope to increase to circa £94,500 pa). Tenancy schedule available.

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Location

The property is located on the western side of Benezet Street close to its junction with Bramford Road and just off Norwich Road, along which local shopping and services are available. Ipswich city centre is a short distance to the southwest with mainline rail station (offering services into London Liverpool Street), Christchurch Park and Portman Road football stadium (Ipswich Town FC ) all within easy reach.

Ipswich city centre offers regional shopping and a busy office area. In addition there are numerous retail parks, a large university and Ipswich Waterfront/Marina. The A12 and A14 provide access to the national road network.

VAT

Sale of the property will be subject to VAT