2 Bedroom
£425,000
Woodbridge Road, Ipswich, Suffolk

Description

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Prominent position in popular East Ipswich.

High-density residential area.

Self-contained ground floor lock-up shop with two off-street parking spaces.

Two tenanted residential flats fully let and producing £18,420 per annum.

Rear studio/yoga room with potential for alternative residential use.

Location

Woodbridge Road is one of the main arterial roads into and out of the Town Centre from the East and enjoys considerable passing traffic flow. There are a wide variety of local businesses in this area including Hearing Care Centre and Ladbrokes.

Directions

From Ipswich Hospital, take Heath Road and continue onto Woodbridge Road towards the town centre. Stay on Woodbridge Road for about 1 mile until you reach 524 Woodbridge Road on the left-hand side. 

For those using the What3Words app: 

///snows.oasis.points

Description

The property comprises a detached mixed commercial and residential property of brick construction under a series of pitched main roofs which has been considerably extended to the rear and also includes a separate rear party room/studio. The property includes 2 forecourt car parking spaces and separate side access. The rear building & upper parts have been well converted to create high quality, self contained flats.

Accommodation

Summary of Accommodation:

· Ground Floor: Shop with work room and office

· Flat A is on ground, first and part second floors

· Flat B is on ground floor extension with rear patio/garden.

Description                                               Sq ft                                                                Sqm
Ground Floor
Main Shop                                             198                                                                     18.4
Rear work room                                     154                                                                     14.3
Office                                                      77                                                                        7.1
TOTAL                                                     429                                                                    39.8
Rear studio/Yoga room                        432.7                                                                   40.2
 
 
Flat A
Ground Floor - Utility room
First Floor—Living room
Kitchen / breakfast room
Bathroom/WC
Second Floor - Attic bedroom             
TOTAL                                                     794                                                                   73.8
  
 
Flat B
Bedroom
Bathroom
Living room
Open plan kitchen
TOTAL                                                 538                                                                     50

Tenancies

The ground floor lock-up shop is let to PSM Locksmiths Limited on a new effectively full repairing and insuring lease for five years from mid 2022 outside the terms of the Landlord and Tenant Act 1954 at a rent of £10,000 per annum exclusive paid monthly. A rent deposit is held. There was an upwards only rent review at year 3 and this was not exercised. The tenant contributes to costs of insuring the building,   

Flat 524A and flat 524B have been let on new AST rental agreements at £795 per month and £740 per month respectively. The rear studio building is sub-let to two individuals on a short term informal basis by PSM Locksmiths with Landlord’s consent and generates £350 per month which is used to offset their business rates liability. The rear studio building has a separate kitchen and WC and may have potential for alternative residential use, subject to necessary approvals. 

 

Planning

The property has full planning and building consent for conversion in addition to full fire protection works.

 

Legal Costs

Each party to pay their own legal costs.

 

Services

Mains water, electricity, gas and drainage connected. Separate modern gas fired boilers to shop and both flats.

 

Local Authority

Ipswich Borough Council , Grafton House,  15-17 Russell Road,  Ipswich, IP1 2DE;  Tel 01473 432000.

 

Business Rates  

Shop Rateable Value: £6,300  

 

EPC

Flat A: D expires 12 Nov 2028

Flat B:  D expires 12 Nov 2028 

    

Viewing

Strictly by appointment through Clarke & Simpson on 01728 724 200 - Option 3 or email: 

rbertram@clarkeandsimpson.co.uk

 

NOTES

1.   Every care has been taken with the preparation of these particulars, but complete accuracy cannot be guaranteed.  If there is any point, which  is of particular importance to you, please obtain professional confirmation. Alternatively, we will be pleased to check the information for you.  These Particulars do not constitute a contract or part of a contract.  All measurements quoted are approximate.  The Fixtures, Fittings & Appliances have not been tested and therefore no guarantee can be given that they are in working order.  Photographs are reproduced for general information and it cannot be inferred that any item shown is included.  No guarantee can be given that any planning permission or listed building consent or building regulations have been applied for or approved. The agents have not been made aware of any covenants or restrictions that may impact the property, unless stated otherwise.  Any site plans used in the particulars are indicative only and buyers should rely on the Land Registry/transfer plan. 

2.   The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017 require all Estate Agents to obtain proof of identity for our clients and tenants where required.

 

May 2026