About this property

Key features
  • Freehold Student Investment
  • Income producing and 94% let for Academic Year 2021/2022
  • For Sale by Private Treaty
  • Guide Price offer reflects a gross yield of 10.32% based on
Description
Freehold student investment comprising 24 flats. Currently at 94% let for Academic Year 2021/22 with current gross rent reserved for 2021/22 (inclusive of bills) £376,836. Situated in an excellent location with the historic port town and within a short walking distance from University of Suffolk, Suffolk New College and Ipswich Hospital. Further information available at https://datarooms.allsop.co.uk/register/springcourt/. The subject property is available for sale by way of Private Treaty and offers are invited in excess of £3,650,000 subject to all existing tenancies, subject to contract. For further information please contact Luke Davenport or Philip Woolner on 01223 271 974 / luke.davenport@cheffins.co.uk / philip.woolner@cheffins.co.uk.

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Luke Davenport
Luke Davenport BSc (Hons) MRICS
Associate

01223 271974

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From
£3,650,000
Spring Court Spring Road, Ipswich, Suffolk, IP4 2AB
25,624Sq.ft