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5 bedroom HMO Investment FOR SALE in Grove Lane

GBP 315,000 Freehold
Grove Lane,

Property Description

Grove Lane is located in East Ipswich within ¼ of a mile from Ipswich Town Centre and within a short walk of the University Campus Suffolk and the Ipswich Marina. Ipswich Town Centre has a wide range of shopping, dining and recreational facilities and the property benefits from a nearby shopping parade including a Co-op.

The property comprises a fully refurbished, fully LET and fully compliant five bedroom HMO (House in Multiple Occupation) with income of £29,520.00 PA (£2,460.00 PCM).

Ground Floor:

Entrance Hall – with hard-wearing luxury vinyl, radiator, under stair storage cupboard, hard wired smoke detector and security lighting.

Room 1 – 3.60m x 4.10m (11’9″ x 13’5) – LET £500 pcm

Room 2 – 3.05m x 2.70m (10′ x 11’10”) – LET £500 pcm

Shower Room – with hard wearing luxury vinyl flooring, security lighting and enclosed shower cubicle

Cloakroom – with hard wearing luxury vinyl flooring, security lighting, wash basin and WC

Breakfast Room – with hard wearing luxury vinyl flooring, hard wired smoke detector & security lighting

Kitchen -newly fitted kitchen comprises soft close, gloss fronted base cupboards, wall units and drawers with roll top work tops, inset stainless steel sink with mixer tap, freestanding range style cooker and extractor hood, ‘American’ style fridge freezer, washing machine and tumble dryer with hard wearing luxury vinyl flooring, security lighting and door to rear garden.

First Floor:

Room 3 – 4.70m x 4.10m (15’5′ x 13’5″) – LET £520 pcm

Room 4 – 3.05m x 3.63m (10′ x 11’10”) – LET £500 pcm

Room 5 – 2.71m x 2.79m (8’10” x 9’1″) – LET £440 pcm

Shower Room – with hard wearing luxury vinyl flooring, security lighting and enclosed shower cubicle, wash basin and WC

OUTSIDE – enclosed rear garden with side passage and gate access

SERVICES – Mains water, gas, electricity and mains drainage are connected to the property. Central Heating and hot water are provided by a gas combi boiler


EPC – Energy Efficiency Rating E49 (certificate available upon request).

TENURE – The property is available to purchase as a Freehold Investment with income of £29,520.00 PA (£2,460.00 PCM)

VIEWING – strictly by appointment with sole agents Countywide Properties Ltd.

The Misrepresentation Act 1967 and The Property Misdescriptions Act 1991. These particulars do not constitute any part of an offer or contract. All measurements are given as a guide, and no liability can be accepted for any errors arising from them. No responsibility is taken for any error, omission or mis-statement in these particulars or for any expenses incurred by the applicants for whatever reasons. No representation or warranty is made in relation to this property whether in these particulars, during negotiations or otherwise.

Property Details

  • Price: GBP 315,000 Freehold
  • Address: Grove Lane
  • City:
  • Area:
  • County: Ipswich
  • State: Suffolk
  • Zip: IP4 1NY
  • Country: United Kingdom
  • Rooms: 1
  • Bedrooms: 5
  • Bathrooms: 2

Property Features

yesCentral heating
yesBack garden
yesDouble glazing
yesFront garden
yesWashing machine

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