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£635,000

Block of flats for sale
Hamlet Court Road, Westcliff-On-Sea SS0

  • Leasehold

Ocean Residential

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About this property

    Investment opportunity - 5 flats for sale

    £635,000 - Leasehold
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    Key Features:
    • Fully tenanted investment property
    • Five self-contained one-bedroom flats
    • Generating £4,450 per calendar month / £53,400 per annum
    • Prominent corner position in central Westcliff-on-Sea
    • Just five minutes’ walk from Westcliff railway station
    • Close to shops, the seafront, and other local amenities
    • To be sold with leasehold interest
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    Property Description:
    A fantastic opportunity for investors; this block of five self-contained one-bedroom flats is located in the vibrant heart of Westcliff-on-Sea, on the ever-popular Hamlet Court Road.
    Occupying a highly visible corner position, the building is well-presented both inside and out. All flats are fully let, currently producing a combined rental income of £4,450 per calendar month, equating to £53,400 per annum. This offers a gross yield of over 8% based on the asking price.
    Each flat features a modern layout, excellent natural light, and comfortable living space. The building has been well maintained and provides an immediate income stream for the discerning investor.
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    Rental Breakdown (All Tenanted):
    • Flat 1: £900 pcm
    • Flat 2: £900 pcm
    • Flat 3: £900 pcm
    • Flat 4: £850 pcm
    • Flat 5: £900 pcm
    Total: £4,450 pcm / £53,400 per annum
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    Location Highlights:
    Ideally situated just a short walk from Westcliff railway station, the property benefits from excellent links to London and surrounding areas. The location also offers convenient access to local shops, restaurants, cafés, and the seafront, making it an appealing spot for tenants.
    Hamlet Court Road has experienced significant regeneration and rising demand, making this a secure and promising long-term investment.
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    Additional Information:
    • Tenure: Leasehold
    • EPC Ratings: Available on request
    • Council Tax Bands: Please check with the local authority
    • Viewings: Strictly by appointment only
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    📞 Enquire now to register your interest in this exceptional investment opportunity.

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    More information

    • Tenure

      Leasehold (125 years)

    • Service charge

    • Council tax band

      A

    • Ground rent

      £0

    • Ground rent date of next review

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    Property descriptions and related information displayed on this page are marketing materials provided by - Ocean Residential. Zoopla 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 Ocean Residential for full details and further information.