5 bedroom block of apartments for sale

Blake & Thickbroom are pleased to be offering for sale this investment opportunity comprising of a substantial semi-detached house currently converted into four flats, consisting of (3 x one bedroom flats) & (1 x two bedroom split level flat ). The Property is to be sold with Tenants in situ with a current annual rent of £30,000 (7.3% Gross yield on asking price ) In our opinion if the current rents were reviewed the property could potentially produce an increased annual rent of £32,400 (7.9% Gross yield on asking price). The property benefits from communal parking and is conveniently located within walking distance of Clacton's town centre, seafront and mainline railway station.

Agent Notes:
Material information for this property
Tenure is Freehold. Council Tax Band: Flats 1, 2, 3 & 4 Band A. EPC: (Flat 1 - D) (Flat 2 - D) (Flat 3 - D) (Flat 4 - E, It has expired but renewal is in hand)
Services connected
Electricity - Yes
Gas- Yes
Water- Yes
Sewerage Type- Mains
Telephone and Broadband coverage- Unknown
Prospective purchasers should be directed to website Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Any additional property charges - No
Non standard property features to note- Yes
The property underwent conversion from 5 flats into 4 flats planning no: 03/01574/ful