Modern Three Bed House for Auction Suffolk IP2 £175,000 - £200,000

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Auction date: Wed, 06/12/2023 - 14:15

This three bedroom detached family home has been occupied by a long-standing tenant since 2011, initially under an assured shorthold tenancy, which has now reverted to a periodic tenancy. While the property offers the potential of a secure rental income, the tenant is regrettably in arrears. Given the vendor’s circumstances, they seek a hassle-free transition and have opted to sell by auction, avoiding the complexities of serving notice. This presents a unique opportunity for savvy investors to navigate this situation and turn it into a valuable asset - £660 pcm / £7,920 pa.

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