Foxhall Road, Ipswich, Suffolk, IP3
- PROPERTY TYPE
Detached
- BEDROOMS
9
- BATHROOMS
6
- SIZE
Ask agent
- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Description
- Flats: 6 residential flats (mix of 1-bed and 2-bed)
- Commercial Unit: Ground floor shop (let at £1,200/month)
- Parking: 3–4 car spaces
- Garages: 3 units with planning consent for conversion to offices
Location: High Street Adjacent, 42 foxall road, IP3 8HL
Current Gross Income: £78,000 per annum
Potential Gross Income (Post-Development): £99,600 per annum
We are delighted to offer for sale this outstanding detached mixed-use property, strategically positioned just off the high street in a vibrant and well-connected area. This investment comprises six self-contained residential flats (a combination of one-bedroom and two-bedroom units) and a ground-floor commercial unit, all of which are currently tenanted and income-generating.
The property benefits from off-street parking for 3–4 vehicles, as well as three garages, which come with approved planning permission to convert into office spaces—unlocking further rental potential.
Rental Income:
Current Monthly Income:
Flat A – £900
Flat B – £950
Flat C – £850
Flat D – £900
Flat E – £850
Flat F – £850
Shop – £1,200
Total: £6,500/month (£78,000/year)
Future Monthly Potential (Post Office Conversion):
3 Offices – Projected £1,800/month
Total Future Income: £8,300/month (£99,600/year)
Investment Highlights:
- Freehold interest with full rental occupancy
- Strong yield with further uplift through planning gain
- Planning approved for conversion of garages to office space
- High-demand rental area close to shops, schools, and transport
- Ideal for buy-to-let investors or mixed-use portfolio expansion
This property presents a rare chance to acquire a fully-let, income-producing freehold asset with excellent prospects for increased rental yield and capital growth. Perfectly suited for investors looking for passive income with the added benefit of approved development potential.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
- Band: TBC
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Yes
- GARDENA property has access to an outdoor space, which could be private or shared.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Foxhall Road, Ipswich, Suffolk, IP3
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Visit our security centre to find out moreDisclaimer - Property reference IPS250192. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Abbotts, Ipswich. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.
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