Instantly find listings for sale in your area

"FOR SALE UNDER AUCTION CONDITIONS

FREEHOLD INVESTMENT OPPORTUNITY FOUR FULLY LET APARTMENTS IN THE SOUGHT AFTER CONSERVATION AREA PRODUCING POTENTIAL INCOME APPROX £44,000 PA
This superb residential investment with its picturesque settings is within the Southend conservation area offers four apartments offering clifftop and panoramic sea views. Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend s International Airport.


Apartment 1 Ground Floor 2 Bed 871 sq.ft.
Apartment 2 First Floor 1 Bed 721 sq.ft.
Apartment 3 Top Floor 2 Bed 828 sq.ft.
Apartment 4 Ground Floor Studio 269 sq.ft.

Five Garages in a block to the rear with additional parking
It is considered that this freehold property allows the opportunity of a potential rear extension and re configuration which would provide an uplift in the capital value of this asset and rental income subject to the necessary planning consent required .


This investment has been in the same family ownership for over 30 years and has never
been offered on the market for sale. This building provides wonderful character
properties within this prime location overlooking the Thames estuary.
Flat 1 £995 pcm
Flat 2 £775 pcm
Flat 3 £895 pcm
Flat 4 Currently vacant

Garage 1 Let at £70 pcm
Garage 2 Let at £70 pcm
Garage 3 Let at £73 pcm
Garage 4 Let at £70 pcm
Garage 5 Let at £70 pcm

Total income £3,663 pcm £43,956 pa
For all planning enquiries please contact Southend on Sea City Council on
Flat 1 D
Flat 2 E
Flat 3 E
Flat 4 E"