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£100,000

1 bed flat for sale
Cumberland Street, Ipswich IP1

    • 1 bed

    • 1 bath

    • 1 reception

Leasehold
Added on 30/10/2025

About this property

  • Lateral living

***flat 8 - guide price £100,000-£110,000***

Abbotts are pleased to offer for sale 5 separate flats in Hope House, set in a quiet side location off Cumberland Street, close to town and Christchurch Park.

The property comprises 5 self-contained flats, each tenanted with long term tenants and available to purchase individually as leasehold, or share of freehold, or as a whole/partial block with the full freehold.

Flats 5 and 6 are generous ground floor apartments, offering two double bedrooms, generous living room and adjoining kitchen and family bathroom. The current tenants are paying £725pcm which is now under review to increase.

Plats 7 and 8 are located to the first floor and are well cared for 1 bedroom flats with similar layout with the generous living space, adjoining kitchen and a family bathroom. The current tenants are paying £750pcm.

Flat 9 spans the top of the building, a fantastically laid out 2 bedroom apartment with quirky design and skylight windows. The current tenants are paying £750pcm.

Each flat comes with an allocated car parking space in the private carpark, and enjoys communal space to the front of the building and communal garden to the rear.

The current owner advises that all leases were created in 2006 for 999 years.

More information

  • Tenure

    Leasehold (970 years)

  • Service charge

    £1,400 per year

  • Council tax band

    A

  • Ground rent

    £150

  • Ground rent date of next review

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