£120,000
2 bed flat for salePrentice Way, Ipswich, Suffolk IP3
2 beds
2 baths
1 reception
EPC Rating: C
Just added
Chain free
Auction
Leasehold
About this property
A spacious and light filled 2 bedroom, 2 bathroom top floor apartment in Prentice Way, with private parking and convenient location.
The property boasts two generous bedrooms, bathroom, ensuite and large open plan kitchen/living room.
The home has been maintained to a good standard and is available now vacant with no onward chain.
Making an ideal rental investment, we would anticipate a rental amount of £1000pcm, or similarly it would make a perfect starter home for someone wanting a convenient and low maintenance property to call their own.
With secure entry system and allocated parking, close to amenities, facilities and schools, the home is ideally located tucked away in IP3.
155 year lease from 2006- 134 years remaining
£130p/a ground rent
£1,223p/a service charge - including building insurance
The county town of Ipswich is served by a wide range of local amenities including schools, University, shops, doctors, dental surgeries, hospital, two theatres, parks, recreational facilities and mainline railway station providing direct links to London Liverpool Station. The town has also undergone an extensive rebuilding and a gentrification programme principally around the vibrant waterfront which now boasts some lovely bars and restaurants.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
The property boasts two generous bedrooms, bathroom, ensuite and large open plan kitchen/living room.
The home has been maintained to a good standard and is available now vacant with no onward chain.
Making an ideal rental investment, we would anticipate a rental amount of £1000pcm, or similarly it would make a perfect starter home for someone wanting a convenient and low maintenance property to call their own.
With secure entry system and allocated parking, close to amenities, facilities and schools, the home is ideally located tucked away in IP3.
155 year lease from 2006- 134 years remaining
£130p/a ground rent
£1,223p/a service charge - including building insurance
The county town of Ipswich is served by a wide range of local amenities including schools, University, shops, doctors, dental surgeries, hospital, two theatres, parks, recreational facilities and mainline railway station providing direct links to London Liverpool Station. The town has also undergone an extensive rebuilding and a gentrification programme principally around the vibrant waterfront which now boasts some lovely bars and restaurants.
This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited. This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey). The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT. This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability. Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property. The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding. A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack. The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral. These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
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Monthly repayment
£600 per month
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The monthly repayments provided are estimates and should be used as a guide only. The actual amount you can borrow will depend on your personal financial situation and subject to a full application. For a more precise estimate, please use the Mojo mortgage calculator. Your home or property may be repossessed if you do not keep up repayments on your mortgage.
More information
Tenure
Leasehold (134 years)
Service charge
£1,223 per year
Council tax band
B
Ground rent
£130
Ground rent date of next review



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