INVESTORS ONLY – CASH BUYERS ONLY An excellent investment opportunity – this well-presented second-floor two-bedroom apartment is situated in the heart of Southend-on-Sea within the modern and sought-after Pinnacle development.
The property is being sold with tenants in situ, currently achieving a rental income of £1,175 per calendar month. This makes it an ideal purchase for investors looking for immediate rental return with no void period.
The apartment comprises two spacious double bedrooms, both benefitting from built-in wardrobes, with the master bedroom featuring an en-suite shower room. A stylish open-plan lounge and contemporary kitchen with integrated appliances offers a bright and functional living space, ideal for tenants. There is also a modern family bathroom finished to a high standard.
Further benefits include modern electric heating throughout, secure entry system, lift access within the building and secure allocated parking.
Located just a short walk from Southend High Street, Southend Central and Southend Victoria stations, as well as local amenities and the seafront, this property offers strong ongoing tenant demand and excellent rental potential.
Please note: This property is available to CASH BUYERS ONLY.
125 Years From And Including 1 December 2017 And To And Including 30 November 2142 Leasehold:117 Years remaining Ground rent : £100 PA Service Charge: £1,533.32 PA Council Tax C
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.
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