4 bedroom flat for sale
Station Road, Clacton-on-Sea
flat
bedrooms
Property photos
+2
Property description
Blake & Thickbroom are pleased to be offering for sale this four bedroom second floor flat, being sold with a tenant in situ, who are currently paying £800/month on a 12 month tenancy renewed in December 2023. The property has a balance of a 125 year lease lease, granted in 2016. In the valuer's opinion, the property is an ideal Buy to Let investment. producing a yield of 5.25 % after ground rent and service charge deductions.An early inspection is warranted to avoid disappointment.
Agent Notes:
Material Information for this property.
Tenure is Leasehold. 125 years from 13th January 2016
Council Tax Band B. EPC Rating D.
Services Connected
Electricity - Yes
Gas - Yes
Water- Yes
Sewerage type - Mains
Telephone and Broadband coverage - Yes
Prospective purchasers should be directed to website to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Additional property charges - Yes
Service charges for period 1st January 2024-31st December 2024 is £2,305.83 and ground rent is £250 PA.
Non standard property features to note - No
Agent Notes:
Material Information for this property.
Tenure is Leasehold. 125 years from 13th January 2016
Council Tax Band B. EPC Rating D.
Services Connected
Electricity - Yes
Gas - Yes
Water- Yes
Sewerage type - Mains
Telephone and Broadband coverage - Yes
Prospective purchasers should be directed to website to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Additional property charges - Yes
Service charges for period 1st January 2024-31st December 2024 is £2,305.83 and ground rent is £250 PA.
Non standard property features to note - No
Interested in this property?
Council tax
First listed
Over a month agoStation Road, Clacton-on-Sea
Marketed by
Blake & Thickbroom - Clacton-on-Sea 70 Station Road Clacton-on-Sea, Essex CO15 1SPPlacebuzz mortgage repayment calculator
Monthly repayment
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
Station Road, Clacton-on-Sea - Streetview
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