£350,000

2 bedroom flat for sale

London Road, Rayleigh SS6
flat flat
bedrooms 2 bedrooms
property_incontent_1

Property description

Welcome to this exceptional mixed-use property that offers a lucrative investment opportunity in the heart of Rayleigh. This versatile property boasts a well-established commercial unit currently hosting a thriving shop under a 4+ year commercial lease, generating an annual income of £11,000. Additionally, the property features a spacious 2-bedroom flat with the potential for an additional rental income of £10,800 per annum.

Situated in a prime location within a popular parade of shops in Rayleigh, residents will enjoy the convenience of being a stone's throw away from the bustling new Wolsley Park development and London Road. With the added advantage of being within walking distance to Rayleigh Station, commuting is a breeze, making this property a desirable choice for both investors and homeowners alike.

Sold with the entire freehold, this property presents a rare opportunity to secure a lucrative investment with multiple income streams in a vibrant and sought-after community. Don't miss out on the chance to own a piece of Rayleigh's thriving commercial landscape.

Lock up Shop Unit (109 London Road) Ground Floor - front trading/sales area with serving counters, central storage/service area with walk-incold room, separate service/kitchen area, rear preparation/storage room with back door, rear lobby providing access to three walk-in freezers/chiller cabinets (none inspected as inaccessible to ourvaluer). Separate outside WC. The ground floor accommodation(including the outside WC) a gross internal floor area of approximately 973 square feet / 90.37 square metres and with an estimated ITZA area of approximately 503 square feet / 46.73 squaremetres.
EPC Rating: C
Read more
property_header

Property photos

property_incontent_2

Interested in this property?

Check Your Credit Report & Score

Council tax

Ask agent

First listed

Over a month ago

London Road, Rayleigh SS6

Marketed by

Nest In Essex - Rayleigh Unit 17, Lubards Farm, Hullbridge Road Rayleigh, Essex SS6 9QG
Call agent on 01268 810971
Contact agent

Placebuzz mortgage repayment calculator

Property price£
Deposit£
Interest rate%
Repayment period
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.

View all property for sale in Rayleigh

London Road, Rayleigh SS6 - Streetview

DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by Nest In Essex - Rayleigh. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Nest In Essex - Rayleigh for full details and further information.
property_vrec_1