Located on the western outskirts of Ipswich’s town centre, the four storey terrace on Norwich Road will soon be available through Auction House East Anglia.
The four storey property is divided into four flats, one on each floor.
The one bedroom flats are all self contained, with their own kitchens, living rooms and bathrooms.
All four flats are self contained. (Image: Auction House East Anglia) With sash windows in keeping with the period of the property, it has a charming appeal, with a reasonable garden to the back.
As well as the garden, there is also space for four cars at the back of the property accessed via Beaufort Street.
There is space for four cars behind the garden. (Image: Auction House East Anglia) The freehold investment opportunity already has three of the flats rented to established tenants and produces an income of £19,320 per annum.
Two of the flats have kitchens separate to the living room. While the other two have a more open plan layout with a combined kitchen and living room.
The basement flat is vacant and currently in need of some improvements.
159 Norwich Road will be at auction on Thursday, May 8 with a guide price between £240,000-£260,000 plus fees.