£300,000
(£146/sq. ft)
6 bed flat for saleSt. Johns Road, Clacton-On-Sea CO16
6 beds
2,057 sq. ft
EPC Rating: D
Lamb & Co - Clacton
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About this property
Investment Opportunity
3x Two Bedroom Maisonettes
New Long Lease
Fully Let
Producing £30,600 pa
EPCs D/C/C
** sold prior to marketing ** A unique investment opportunity comprising 3x two bedroom maisonettes being sold with a new long Lease of 250 years. The properties are currently let producing a combined income of £30,600 pa.
Location
The property is situated above a parade of shops on St Johns Road in a predominantly residential area on the North side of Clacton-on-Sea approximately 1 mile to the coast and Town Centre with Colchester being approximately 18 miles to the North-West.
Schedule Of Accommodation
407 - 2 bed maisonette - 663 Sq Ft - £850pcm
411 - 2 bed maisonette - 673 Sq Ft - £850pcm
415 - 2 bed maisonette - 721 Sq Ft - £850pcm
Total current rent - £2,550 pcm
Tenure
Long Leasehold by way of new 250 year lease.
Outgoings
Total outgoings (including ground rent, service charge & insurance) - £2,000 pa per flat
Epc
407 - D
411 - C
415 - C
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More information
Tenure
Leasehold (250 years)
Service charge
Council tax band
Ground rent
Ground rent date of next review