4 Bed Flat For Sale Kings Avenue, Clacton-on-Sea, CO15
£350,000- Flat
Auction Property
1 of 5
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Last Updated: 18th May 2024
Description
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 5TH JUNE 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE\r
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BUY TO LET INVESTMENT: A DETACHED FREEHOLD BUILDING CONTAINING 3 RESIDENTIAL FLATS FULLY LET AND PRODUCING AN ANNUAL INCOME OF £28,800\r
A Detached freehold building containing 2 x one bedroom apartments and a two bedroom apartment as well as a single storey garage/workshop with driveway to the rear. All flats were refurbished in 2023 to a high standard and 2 of the 3 flats tenancy's currently include the building to the rear however it is considered that it may be possible to increase the income if let separately. It is also considered that it may be possible to convert the building into an additional apartment subject to necessary consents. \r
78A - First floor two bedroom flat with garage to rear. \r
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78B - One bedroom ground floor flat with additional storage room and parking space to rear. Let on an AST at £750 pcm.\r
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78C - One bedroom ground floor flat with parking space to rear, let on an AST at £750 pcm.\r
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in the popular Holland on Sea area close to local amenities.\r
78A - £900 pcm (£10,800 per annum)\r
78B - £750 pcm. (£9000 per annum)\r
78C - £750 pcm. (£9000 per annum)\r
Total- £2400 pcm (£28,800 per annum)\r
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For full details on the terms of the current tenancies please refer to the legal pack.\r
78A -E\r
78B -E\r
78C- E
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BUY TO LET INVESTMENT: A DETACHED FREEHOLD BUILDING CONTAINING 3 RESIDENTIAL FLATS FULLY LET AND PRODUCING AN ANNUAL INCOME OF £28,800\r
A Detached freehold building containing 2 x one bedroom apartments and a two bedroom apartment as well as a single storey garage/workshop with driveway to the rear. All flats were refurbished in 2023 to a high standard and 2 of the 3 flats tenancy's currently include the building to the rear however it is considered that it may be possible to increase the income if let separately. It is also considered that it may be possible to convert the building into an additional apartment subject to necessary consents. \r
78A - First floor two bedroom flat with garage to rear. \r
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78B - One bedroom ground floor flat with additional storage room and parking space to rear. Let on an AST at £750 pcm.\r
\r
78C - One bedroom ground floor flat with parking space to rear, let on an AST at £750 pcm.\r
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in the popular Holland on Sea area close to local amenities.\r
78A - £900 pcm (£10,800 per annum)\r
78B - £750 pcm. (£9000 per annum)\r
78C - £750 pcm. (£9000 per annum)\r
Total- £2400 pcm (£28,800 per annum)\r
\r
For full details on the terms of the current tenancies please refer to the legal pack.\r
78A -E\r
78B -E\r
78C- E
Agent Details
Dedman
103, The Broadway, Southend-on-sea, SS1 3HQ
Show Contact Number
01702 311 111
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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.
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.