Connells says ..
Investment Opportunity. Located in the Town Centre we are offering a chance to purchase this portfolio of property comprising of Two Commercial Units and Three Apartments along with the Freehold of the Building. All of the units are currently let so please call for further details.
Property Oracle says ..
This property in Ipswich, Suffolk, is listed as an investment opportunity, encompassing two commercial units and three apartments within a single building on Princes Street. The central location offers easy access to Ipswich train station, various schools, and local amenities. The exterior appears well-maintained although further assessment is required. The lack of square footage data for the entire property and the individual apartments hinders a complete analysis of the value proposition. The £850,000 asking price may be subject to negotiation depending on factors like the individual unit sizes, rental yields, and the overall condition of the building. Further due diligence is strongly recommended, including a detailed property survey, verification of rental income potential, and thorough legal checks before committing to such a significant purchase. Potential buyers should seek independent professional advice to assess the investment opportunity accurately.
Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 1
- Bedrooms
- 2
- Bathrooms
- 2
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Metrics Year-on-Year
- Average area value
- 570,435.00 £Increased by 16.78 %
- Average area rental value
- 1,562.00 £/moIncreased by 10.39 %
- Est rental Yield
- 3.29 %Decreased by 5.46 %
- Crime Rate
- 33.00 %Unchanged by 0.00 %
Agent Activity
Connells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| St Matthew'S Church Of England Primary School, Ipswich | Academy Converter | 0.59 KM | |
| Ipswich School | Other Independent School | 0.86 KM | |
| St Margaret'S Church Of England Voluntary Aided Primary School, Ipswich | Voluntary Aided School | Good | 0.94 KM |
| Westbridge Academy | Academy Alternative Provision Converter | Good | 1.15 KM |
| Hillside Primary School | Academy Sponsor Led | Requires improvement | 1.19 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Lion Street | £ 0 | 0 | 0.00 KM |
| Cornhill | £ 0 | 0 | 0.00 KM |
| Friars Courtyard | £ 0 | 0 | 0.00 KM |
| Black Horse Lane | £ 0 | 0 | 0.00 KM |
| Grey Friars Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Ipswich | 7217 | IPS | 1.06 KM |
| Westerfield | 7226 | WFI | 3.12 KM |
| Derby Road (Ipswich) | 7212 | DBR | 3.49 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Princes Street, Ipswich | £ 850,000 | BUY | 5 / 10 | 0.00 KM |
| Princes Street, Ipswich, IP1 | £ 110,000 | BUY | 5 / 10 | 0.01 KM |
| Princes Street, IPSWICH | £ 110,000 | BUY | 5 / 10 | 0.01 KM |
| Princes Street, Ipswich, IP1 | £ 120,000 | BUY | 5 / 10 | 0.02 KM |
| Princes Street, Ipswich, IP1 | £ 145,000 | BUY | 5 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 23 Coytes Gardens | £ 110,000 | 0.07 KM |
| 25 Coytes Gardens | £ 170,000 | 0.07 KM |
| 9 Coytes Gardens | £ 160,000 | 0.07 KM |
| 21 Coytes Gardens | £ 184,450 | 0.07 KM |
| 17 Coytes Gardens | £ 180,600 | 0.07 KM |