£1,600,000
Detached house for sale34 Clifftown Parade, Southend On Sea SS1
- Freehold
Dedman Gray
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About this property
Superb Investment Opportunity
Sought after conservation area
Comprising 6 seafront apartments
Idyllic seafront location
7 Garages in a block to rear
Freehold sold with the investment
All apartments are rented
Standing in one of the most sought after locations within the conservation area is this impressive property being offered on to the open market as a freehold investment opportunity.
This superb residential investment with its picturesque settings is within the Southend conservation area offers six apartments offering clifftop and panoramic sea views.
Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend's International Airport.
Apartment 1 - G/Floor - 2 Bed - 807 Sq.Ft.
Lounge - 16'5 x 16'4 - with sea views
Kitchen - 15'4 x 5'4
Bedroom 1 - 18'9 x 11'4
Bedroom 2 - 14'5 x 7'1
Bathroom - 11'4 x 7'4
Apartment 2 - G/Floor - 2 Bed - 861 Sq.Ft
Lounge - 19'4 x 15'1
Kitchen - 10'8 x 8'3
Bedroom 1 - 14'4 x 14'3
Bedroom 2 - 10'9 x 6'9
Bathroom
Apartment 3 - F/Floor - 1 Bed - 635 Sq.Ft.
Measurements to be confirmed.
Apartment 4 - F/Floor - 1 Bed - 796 Sq.Ft.
Lounge/diner - 22'6 x 11'9
Kitchen - 11'5 x 7'9
Bedroom - 14'4 x 11'9
Bathroom - 14'7 x 6'8
Apartment 5 - 2nd Flr - 1 Bed - 527 Sq.Ft.
Lounge - 14'2 x 13'6
Kitchen 10'4 x 4'2
Bedroom - 13'4 x 13'3
Bathroom - 12'7 x 4'2
Seaviews from the Balcony
Apartment 6 - 2nd Flr - 1 Bed - 462 Sq.Ft.
Lounge - 13'9 x 13'2
Kitchen - 7'9 x 3'7
Bedroom - 14'4 x 12'9
Bathroom
Income
The investment currently produces approximately £67,000 per annum and offers great potential for a further uplift in the rental income.
Summary
Summary
This freehold property allows the opportunity of a potential rear extension and re-configuration which would provide an uplift in the capital value of this asset and rental income (subject to the necessary planning consent required).
Communal Garden
Fabulous communal gardens.
Parking - Garage
7 parking spaces. 7 fully let lock-up garages in a block at the rear of the property with additional parking area.
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More information
Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
£0