£130,000
1 bed flat for saleHainault Avenue, Westcliff-On-Sea, Essex SS0
1 bed
1 bath
1 reception
EPC Rating: D
- Leasehold
Sold.co.uk
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About this property
1 Bedroom Flat
Cash Buyers Only
First Floor
Great Investment Opportunity
Sold Tenants in Situ - 7.38% Yield
562 Sq. Ft
Private Balcony
Close to Amenities
Service Charge £100pa
Ground Rent £80pa
*** cash buyers & investors only ***
*** sold tenants in situ - 7.38% yield ***
This one-bedroom first-floor flat on Hainault Avenue, Westcliff-on-Sea presents an excellent investment opportunity, currently tenanted and generating a healthy rental income of £800 per month with a 7.38% yield. The property offers a secure investment in a well-established residential area, making it ideal for investors looking to expand their portfolio.
The flat's layout includes a bright reception room, fitted kitchen, a well-proportioned bedroom, and a family bathroom. The property benefits from a private balcony, offering pleasant outdoor space and adding value to the rental proposition.
Located in the popular area of Westcliff-on-Sea, the property is conveniently positioned for local amenities. Westcliff-on-Sea railway station is within walking distance, providing direct links to London. The seafront and local shopping facilities are easily accessible, while Southend town centre is just a short drive away.
With tenants already in situ providing immediate rental income, this property represents a ready-made investment opportunity. The consistent rental yield and established location make this an attractive proposition for investors, and we strongly recommend early viewing to avoid disappointment.
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More information
Tenure
Leasehold (59 years)
Service charge
£100 per year
Council tax band
A
Ground rent
£80
Ground rent date of next review