7 bedroom terraced house for sale

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.

For Sale Via Keller Williams Online Auction powered by Bamboo Auctions.
Auction end date and time: 2/10/25 at 18:00

The auction will be exclusively available online via our website including the legal pack information.

The registration process is extremely simple and free. Please visit the Keller Williams website, and click on the 'online auction' tab
A 'register' button can be found on this page or by clicking into the individual listing.

Stage 1) Register your email address, create a password and confirm your account.
Stage 2) View the legal pack and arrange any viewings
Stage 3) If you would like to bid, use the 'dashboard' button and complete your ID check and enter your payment and solicitors details
Stage 4) You are ready to bid - Good Luck!

No deposit monies are required before you bid.

Guide price(s) are an indication of the seller's expectation. Reserve price(s) are a figure below which the auctioneer cannot sell the lot at auction. The reserve price is not disclosed and remains confidential between the seller and the auctioneer and is set within the guide range.

A legal pack and special conditions are available to download to anyone who has registered. It is the purchaser's responsibility to make all necessary legal and financial enquiries prior to placing any bids.

Some Vendors may consider offers prior to the auction. These offers can only be submitted via Keller Williams and under auction conditions. The complete legal pack would need to be inspected before an offer would be considered.

Please get in touch if you have any questions regarding Online auctions or would like to arrange a viewing