£895,000

Block of flats for sale

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£895,000

(£135.09/sq. ft)

Block of flats for sale

Elm Street, Ipswich IP1

6,625 sq. ft

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

A fully let mixed-use freehold investment opportunity in a prime central location in Ipswich (IP1 1QT), generating a total annual rental income of £71,665. Ideally positioned close to local amenities and within walking distance of Ipswich Station, this property offers a strong and diversified income stream across both residential and commercial units.

Residential Accommodation:

2 x 1-bedroom flats

1 x 2-bedroom flat

All let on Assured Shorthold Tenancies (ASTs)

Commercial Accommodation:

Basement unit – Occupied by a well-established gaming lounge, in situ for over 7 years, currently on a 5-year lease

Ground floor unit – Let to a martial arts gym with strong local presence, also on a 5-year lease

All units are currently tenanted, offering immediate income with long-term potential in a vibrant town centre location.

Key Highlights:

Freehold mixed-use investment

Current annual rental income: £71,665

Fully let residential and commercial units

Long-standing commercial tenants

Excellent location in central Ipswich (IP1 1QT)

Walking distance to Ipswich Station and town centre amenities

Guide Price: £895,000

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Property descriptions and related information displayed on this page are marketing materials provided by - DWELLE HOMES. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact DWELLE HOMES for full details and further information.

  1. Zoopla
  2. Commercial for sale
  3. Suffolk
  4. Ipswich
  5. Princes Street