* READY MADE BUY TO LET WITH MATURE TENANT * This purpose built one bedroom ground floor apartment is situated within one mile of Clacton town centre, mainline railway station with links to London, Liverpool Street, supermarket and seafront. Currently generating an annual income of £7,140 per annum with a 90 year lease remaining and annual outgoings of £1,370.46, this property makes an ideal buy to let investment opportunity.
Commuanl Entrance Hall Personal Entrance Hall Lounge 12'11 x 9'5 (3.94m x 2.87m) Kitchen 9'4 x 6'7 (2.84m x 2.01m) Bedroom 10'2 x 9'8 (3.10m x 2.96m) Shower Room Outside Allocated Parking.
Agents Note There are 90 years remaining on the lease and an annual service charge of £1,370.46.
Material information for this property:- Tenure is Leasehold. Council Tax Band A. EPC Rating D. Services Connected. Electricity - Yes. Gas - No. Water - Yes. Sewerage type - Mains. Telephone & 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 - See lease details. Non standard property features to note - None.
Consumer Protection from Unfair Trading Regulations 2008. The Agent has not tested any apparatus, equipment, fixtures and fittings or services and so cannot verify that they are in working order or fit for the purpose. References to the Tenure of a Property are based on information supplied by the Seller. The Agent has not had sight of the title documents. A Buyer is advised to obtain verification from their Solicitor. Items shown in photographs are not included unless specifically mentioned within the sales particulars. We can also not confirm that such items are within the ownership of the seller. They may however be available by separate negotiation. Floorplans are for guidance purposes only and therefore not to scale. The agent has assumed relevant planning permissions are in place for any alterations the property has undergone and it is the responsibility of the seller to confirm this via their solicitor.
Money Laundering Regulations 2003 - Any prospective purchasers' will be asked to produce photographic identification and proof of residential documentation once entering into negotiations for a property in order for us to comply with current Legislation.
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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