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£895,000

(£135.09/sq. ft)

Block of flats for sale

Elm Street, Ipswich IP1
6,625 sq. ft

£895,000

(£135.09/sq. ft)

Block of flats for sale
Elm Street, Ipswich IP1

    • 6,625 sq. ft

About this property

    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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