Council tax band: TBC Lordsons are delighted to present opportunity to acquire a one-bedroom ground floor flat in Milton Close, Southend-on-Sea, offered to the market via auction. The property has suffered fire damage and now requires a full programme of renovation, making it ideal for investors, developers, or cash buyers seeking a high potential project on the South Coast of Essex.
Located in a quiet residential area, the flat is just a short distance from Southend Central and Southend Victoria stations, offering excellent commuter links into London. It's also within easy reach of the seafront, the High Street, and a wide range of local amenities, including shops, cafés, and transport connections.
The flat forms part of a purpose built block and previously offered well proportioned accommodation suitable for owner occupation or long term letting. Subject to the necessary works and consents, this property represents a strong opportunity to add value through refurbishment and resale or to build a solid yield in a high demand rental area.
Given the extent of damage buyers are advised to carry out their own due diligence. The property is being offered as seen, and will likely appeal to those with renovation experience or seeking a cash only purchase.
This is a compelling chance to secure a Southend investment property at auction pricing, with scope to modernise and unlock future returns in an increasingly popular coastal town. Early interest is anticipated.
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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