This property has been taken off the market.

4 Bed Terraced House For Sale Toledo Road, Southend-on-Sea, SS1

£340,000- Terraced

Auction Property
1 of 14
  • Description
  • Floor Plan
  • Street View
  • Maps
We appreciate the listed price showing isn’t necessarily the price you would buy this property for, as it is in auction. However, we hope some confidence can be gained from our system successfully being able to identify this as potentially below market value.
Last Updated: 26th March 2024

Description

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 17TH APRIL 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE\r
\r
BUY TO LET INVESTMENT: A FREEHOLD TERRACED HOUSE WITH FOUR BEDROOMS AND THREE RECEPTIONS WITH A TENANT IN OCCUPATION AT A RENT OF £12,420 PER ANNUM\r
This spacious terraced property is let at £1,035 pcm which is considered to be below current market value. Needing improvement throughout the house is located very close to the High Street, Railway Stations affording easy access into central London, the Bus Station and the Seafront. Features include four bedrooms, a fifth bedroom / reception room to the ground floor, two further reception rooms, bathroom, separate w/c, kitchen and large cellar. Externally there is a private rear garden\r
Ground Floor: \r
Three Reception Rooms\r
Kitchen\r
Cellar\r
First Floor:\r
Four Bedrooms\r
Bathroom and Separate W/c\r
Externally: Rear Garden\r
The photographs shown were taken prior to the commencement of the current tenancy \r
The property is currently let at a rate of £1,035 pcm ( £12,420 per annum ) which is considered to be below current market value \r
The property is currently let on an Assured Shorthold Tenancy agreement. A Section 21 Notice has been served on the tenant \r
Please note that this property falls within an area subject to a Selective Licensing Scheme operated by Southend on Sea City Council. Please contact them on or visit their website for further details.\r
D
Agent Details
Dedman
103, The Broadway, Southend-on-sea, SS1 3HQ
Show Contact Number
01702 311 111

Investment Analysis

Annual Rent:
Annual Mortgage Interest:
Annual Costs:

Calculators

These figures are for illustration purposes, please adjust for greater accuracy.
Yield
£
£
£

%
%
Purchase Price
£
Mortgage
Interest Only / Repayment
%
£
%

£

Mortgage Finder

Show me the cheapest mortgage for this property matched to my personal circumstances and risk appetite.
No minimum income required

Similar Properties

A few properties that are similar to this 4 bedroom property. See more properties like this.

£350,000
Southend-on-Sea, SS1
Semi Detached
6.2
£410,000
Southend-on-Sea, SS2
Terraced
5.8
£440,000
Southend-on-Sea, SS1
Terraced
5.4
See More Properties
Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
{rent_tooltip}
This is the potential achievable yield.
Potential Return-on-Cash Invested