IP1 51 Butter Market, Ipswich

This premium Freehold in the town centre, consisting of mixed-use stock, is an exceptional investment opportunity. It includes two recently refurbished 1-bedroom flats, both fitted with new kitchens, bathrooms and new electric heating. The ground floor commercial unit has also recently enjoyed refurbishment, and all three units are currently let. This property offers a 10% return on investment, with a current yield of £34,600 per annum. The commercial unit is secured on a 10-year lease, providing a stable and attractive income stream. Ideal for investors seeking a robust addition to their portfolio with both residential and commercial components.

The property is situated in Ipswich Town Centre on the Buttermarket, close to its junction with Upper Brook Street. Neighbouring retail occupiers include The Works, Caffe Nero, The Tooth Club and Oxfam.

Ipswich is the county town of Suffolk with a population of circa 130,000. The town is situated approximately 80 miles north east of London, 43 miles south of Norwich and 18 miles north east of Colchester.