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"FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

CARE HOME INVESTMENT A FREEHOLD DETACHED PROPERTY LET AS A THREE BEDROOM CHILDREN S HOME CLASS C2 PRODUCING AN INCOME OF £60,000 PER ANNUM
A freehold detached property with permission granted for a change of use from a residential dwelling class C3 into a children s home for up to three children class C2 . The property is located in a cul de sac with parking and garage also within easy access to the Town Centre and the local shops at Jones Corner. The property has now been let on a new five year FRI lease at the rate of £5,000 PCM £60,000 PA It is now considered that the property would be ideal for an investor.
Entrance Hall
Guest WC
Lounge 18 5 x 9 9
Bedroom Four Manager s Office 12 8 x 9 1
Kitchen Diner 18 4 x 11 5
First Floor Landing
Bedroom One 14 1 x 12 4
Bedroom Two 13 2 x 10 7
Bedroom Three 13 3 x 9 3
Bathroom WC
Garage 16 1 x 8 3

The property is let on a new five year FRI lease to a care provider at the rate of £5,000 PCM £60,00 PA which gives a yield of over 12.5% of the guide price.
For details on the planning permission please contact Castle Point Borough Council planning department on using the reference 23 0606 FUL
The property has now been equipped and furnished for a children s home. This includes a fire safety system, alarm system, Manager s Office and all bedrooms have beds and furniture.


We have been advised by the seller that he has now let the property to a local care provider at a rate of £5,000 pcm, details of which can be provided.
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