16-18 Princes Street, ., Ipswich, Suffolk, IP1 1QU
Listed 6 Jul 2026 · price reduced 24 Jul 2026 · Ipswich
How the price compares
Key features
- Being Sold via Secure Sale online bidding. Terms & Conditions apply.
- Immediate ‘exchange of contracts’ available
- Town Centre Location
About this home
Being sold via Secure Sale online bidding. Terms & Conditions apply.
PATTINSON AUCTION in connection with BELVOIR! Are pleased to bring to the market this One bedroom town centre apartment, being sold with tenants in situ offering a great buy to let investment. The apartment offers open plan lounge /kitchen, good size bedroom and modern shower room. The apartment has double glazed windows and electric heating and offers lift access also.
Auctioneers Additional Comments
Pattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'. Please be aware that any inquiry, bid or viewing of the subject property will require your details to be shared between both the marketing agent and The Auctioneer in order that all matters can be dealt with effectively. This auction lot is being sold either by, conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent. The property is available to be viewed strictly by appointment only via the Marketing Agent or The Auctioneer. Bids can be made via The Auctioneers or the Marketing Agents website.
Auctioneers Additional Comments Your details may be shared with additional service providers via the marketing agent and/or The Auctioneer. A Legal Pack associated with this particular property is available to view upon request and contains details relevant to the legal documentation enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers' obligations and sellers' commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase. In order to submit a bid upon any property being marketed by The Auctioneer, all bidders/buyers will be required to adhere to a verification and identity process in accordance with Anti Money Laundering procedures.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit of 5% of the purchase price of the lot subject to any special conditions detailed in the legal pack. The deposit will be a contribution to the purchase price. A non-refundable reservation fee may also be payable upon agreement of sale (Details of which can be obtained from the auctioneers website). The Reservation Fee is in addition to the agreed purchase price and consideration should be made by the purchaser in relation to any Stamp Duty Land Tax liability associated with overall purchase costs. Both the Marketing Agent and The Auctioneer may believe it necessary or beneficial to the customer to pass your details to third party service suppliers, from which a referral fee may be obtained. There is no requirement or indeed obligation to use these recommended suppliers or services.
Council Tax Band: A Tenure: Leasehold Length of Lease: 114 Annual Ground Rent Amount: £300.00 Annual Service Charge Amount: £1,009.00
Entrance hall:
Lounge/kitchen 3.29m x 6.89m Range of cupboards, drawers and wall cupboard, fitted cooker and hob, fitted fridge/freezer and washing machine, single drainer sink unit.
Lounge area has double glazed window, electric heater, laminate flooring.
Bedroom 3.0m x 6.4m Double glazed window, electric heater, carpet.
Shower Room 1.52m x 1.55m Walk in shower cubicle, low level WC, pedestal wash basin, heated towel rail.
Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer. This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer. The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website. The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer. Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively. The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures. Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price. The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change. An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction. A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding. The Legal Pack will also outline the buyers obligations and sellers commitments. It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price. The deposit will form part of the purchase price. A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale. The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs. Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received. There is no requirement or obligation to use any recommended suppliers or services.
Property details
- Property type
- Apartment
- Council tax band
- A
- Tenure
- Leasehold
- Lease remaining
- 114 years left
- Parking
- Allocated
- Heating
- Electric
- Broadband
- FTTC (fibre to the cabinet)
- Electricity
- Mains supply
- Water
- Mains supply
- Accessibility
- Lift access
Floorplan
Location
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1 on this map
- Ipswich Station0.5 mi
- Derby Road Station1.4 mi
- Westerfield Station1.8 mi
What nearby homes sold for
Median sold prices in IP1 over the last 12 months: semi-detached £260k · terraced £190k · detached £419k · flat £115k.
| Address | Type | Sold | Price |
|---|---|---|---|
| Apartment 408, 16 - 18, Princes Street Ipswich IP1 1QU | Flat Leasehold | 31 Jul 2026 | £100,000 |
| Apartment 401, 16 - 18, Princes Street Ipswich IP1 1QU | Flat Leasehold | 17 Dec 2025 | £65,000 |
| Apartment 106, 16 - 18, Princes Street Ipswich IP1 1QU | Flat Leasehold | 26 Aug 2025 | £77,000 |
| Apartment 401, 16 - 18, Princes Street Ipswich IP1 1QU | Flat Leasehold | 23 Aug 2024 | £62,500 |
Contains HM Land Registry data © Crown copyright and database right 2026. Licensed under the Open Government Licence v3.0. All sales in IP1
Buying costs
Estimates only, using rates in force from April 2025. Check GOV.UK, Revenue Scotland or the Welsh Revenue Authority and speak to a mortgage adviser before you offer.
Listed by Pattinson Estate Agents, Auction on Rightmove (original listing). First listed 6 Jul 2026; details checked 7 Nov 2026. Latest change: reduced on 24/07/2026.
Agent disclaimer
Disclaimer - Property reference 499094. 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 Pattinson Estate Agents, Auction. 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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