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2 bed Detached Bungalow property

Available

For Sale

Listed Jul 8, 2025

Save Clacton-on-sea area

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£65,000

Available

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Description

"FOR SALE BY PUBLIC AUCTION ON THURSDAY, 10TH APRIL 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT A VACANT TWO BEDROOM DETACHED FREEHOLD BUNGALOW PREVIOUSLY LET AND CONSIDERED TO BE AN IDEAL BUY TO LET INVESTMENT
A freehold two bedroom bungalow in Point Clear Bay The property is close to the Point Clear Bay beach and benefits from both front and rear gardens and it is considered that with some improvements could achieve a rental income in the region of £700 per month £8400 per annum which represents a yield of around 13% of the guide price.
The accommodation measures 48 square metres 517 square foot in total which includes

Entrance Hall
Living Room 14 7" x 8 5"
Kitchen 11 5" x 5 6"
Bedroom One 11 5" 8 2"
Bedroom Two 9 2" x 6 2"
Bathroom 8 5" x 5 6"
We are advised by the seller that the previous rental income was £600 per month £7200 per annum however it is considered that if re let it could achieve a higher rent
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