22 Cobbold Street, Ipswich, IP4 2DN
22 Cobbold Street, ipswich, IP4 2DN
- 0
Key features
Guide Price: *
£290,000
Fees apply
Reservation fee:2.4% (min. £6,000)
All fees include VAT at 20%
Auction Type:
Conditional
Opening bid:
£290,000Bid history
0 bidsLocated just a short walk from Ipswich town centre, Cobbold Street is a fully-let 7-bedroom HMO ideal for investors seeking strong and reliable rental returns. The property is currently occupied by working tenants, chefs and service industry professionals, who benefit from the convenience of being able to walk into town.
Arranged over three floors, the property offers seven bedrooms, each capable of fitting a double bed, though some work best as singles. There are 2 bathrooms in total, one on ground floor and the other on the 2nd floor, ensuring plenty of facilities for all residents. The communal kitchen is a generous size and well equipped with all the necessary appliances for shared living.
While the property is in good working condition, there is scope for further improvement to raise the standard and increase rental returns. All required fire safety measures are in place, giving peace of mind for landlords. The house also benefits from a garden at the rear and a single parking space at the front.
Being sold with tenants in situ and fully furnished, this is a turnkey investment in a high-demand area of Ipswich, with room for future uplift.
The current gross net income per annum is £37,120 but if the tenancies were brought to market rate it should be closer to £42,000.
Located just a short walk from Ipswich town centre, Cobbold Street is a fully-let 7-bedroom HMO ideal for investors seeking strong and reliable rental returns. The property is currently occupied by working tenants, chefs and service industry professionals, who benefit from the convenience of being able to walk into town.
Arranged over three floors, the property offers seven bedrooms, each capable of fitting a double bed, though some work best as singles. There are 2 bathrooms in total, one on ground floor and the other on the 2nd floor, ensuring plenty of facilities for all residents. The communal kitchen is a generous size and well equipped with all the necessary appliances for shared living.
While the property is in good working condition, there is scope for further improvement to raise the standard and increase rental returns. All required fire safety measures are in place, giving peace of mind for landlords. The house also benefits from a garden at the rear and a single parking space at the front.
Being sold with tenants in situ and fully furnished, this is a turnkey investment in a high-demand area of Ipswich, with room for future uplift.
The current gross net income per annum is £37,120 but if the tenancies were brought to market rate it should be closer to £42,000.
Summary
- Auction end
- 2nd Oct at 17:00
- Property type
- Terraced
- Tenure
- Freehold
- Bedrooms
- 7
- Bathrooms
- 2
- Council tax band
- Ask Agent
Summary
- Auction end
- 2nd Oct at 17:00
- Property type
- Terraced
- Tenure
- Freehold
- Bedrooms
- 7
- Bathrooms
- 2
- Council tax band
- Ask Agent
This property is being sold by:

KW Plus
kwplus@kwuk.com
101-135 Kings Road, Brentwood, Essex, CM14 4DR
†Conditional auction
If the reserve is met or exceeded and the auction timer reaches zero, an exclusivity period begins in relation to that property. The successful bidder is contractually required to exchange on the property on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above). All properties sold by conditional auction are sold subject to a reservation fee which is clearly stated in the terms and conditions attached to the property and in the bidding box before a bid is placed. The reservation fee is payable in addition to the final purchase price and is received on a non-refundable basis, subject to the terms of the Reservation Agreement. To ensure that the successful bidder proceeds, the winning buyer is automatically charged a reservation fee and agrees prior to making their bid, to pay any outstanding amount of the property reservation fee immediately at the end of the auction. The auctioneer will be authorised to sign the reservation agreement on both the buyer’s and seller’s behalf. If by the seller’s act, exchange does not occur on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), the reservation fee shall be fully refunded to the buyer. If the buyer fails to exchange on or before the expiry of 20 working days from the end of the auction (unless otherwise stated in the "Other Key Info" section in the listing above), they will forfeit the full amount of the reservation fee.Fees paid to the Auctioneer may be considered as part of the chargeable consideration for the property and be included in the calculation for stamp duty liability. Further clarification on this must be sought from your legal representative.
* Pricing Information
The Guide Price amount specified is an indication of each seller's minimum expectation. It is not necessarily the amount at which the property will sell. Each property will be offered subject to a Reserve (a figure below which the property will not be sold) which we expect will be set no more than 10% above the Guide Price amount.
Bamboo Proptech and Keller Willams UK Online Auction shall not be liable for any inaccuracies in the fees stated on this description page, in the bidding confirmation pop up or in the particulars. Buyers should check the contents of the legal pack and special conditions for accurate information on fees. Where there is a conflict between the fees stated in the particulars, the bid information box above or the bidding confirmation pop up and the contents of the legal pack, the contents of the legal pack shall prevail.
Stamp Duty Land Tax or Land and Buildings Transaction Tax may also apply in some circumstances.
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Disclaimer
All information relating to this property, including descriptions, pictures and other related information has been provided by Keller Willams UK Online Auction. All legal documents in relation to this property have been provided by the Vendor's solicitor. Neither Bamboo Proptech or any individual in employment with Bamboo Proptech makes any warranty as to the accuracy or completeness of any of the property information.
These particulars do not form part of any contract or offer. Buyers should not rely on them as statements of representation and should check that the information is correct by inspection or otherwise. Where there is a conflict between the contents of the legal documents and these particulars, the information contained in the legal documents shall prevail.