Property photos
Auction
Leasehold
Guide price
£50,000
1 bed flat for sale
Apartment 401, 16-18 Princes Street, Ipswich, Suffolk IP11 bed
EPC rating: C
Local area information
Property location
Nearby amenities
- St Matthew's Church of England Voluntary Aided Primary School, Ipswich 0.3 miles
- St Margaret's Church of England Voluntary Aided Primary School, Ipswich 0.4 miles
- Ipswich 0.5 miles
- Derby Road (Ipswich) 1.4 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Ipswich to find out more about the local area.
Features and description
- Leasehold
For sale by auction on Wednesday, 24 Jul 2024 at 11:00
Venue: Livestream Auction
Modern one bedroom apartment situated in Ipswich town centre
Located in the centre of Ipswich with shops and restaurants within walking distance, this one bedroom, fourth floor apartment with lift access. The property features a modern shower room, fitted kitchen, lounge and a spacious bedroom. Potential rental income of £795 pcm (£9,540 per annum).
Leasehold Information
Term: 125 years from 24 March 2016 (117 years remaining)
Annual ground rent amount: £300.00
Ground rent review period: To be advised
Annual service charge amount: £1,200.00
Service charge review period: To be advised
Council Tax Band
A
EPC Rating: C
Additional Fees
Buyers Premium: £1140 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.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Venue: Livestream Auction
Modern one bedroom apartment situated in Ipswich town centre
Located in the centre of Ipswich with shops and restaurants within walking distance, this one bedroom, fourth floor apartment with lift access. The property features a modern shower room, fitted kitchen, lounge and a spacious bedroom. Potential rental income of £795 pcm (£9,540 per annum).
Leasehold Information
Term: 125 years from 24 March 2016 (117 years remaining)
Annual ground rent amount: £300.00
Ground rent review period: To be advised
Annual service charge amount: £1,200.00
Service charge review period: To be advised
Council Tax Band
A
EPC Rating: C
Additional Fees
Buyers Premium: £1140 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.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Floor plans and tours
Floor plans (1)
Tours
No virtual tour available
More information
Listed by
Auction House East Anglia
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