35 Caister Drive, Pitsea, Basildon, Essex SS13 3RD
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Read more Read moreThis leasehold property is a tenanted ground floor duplex flat located in a residential area of Pitsea, Basildon, Essex. The flat comprises two double bedrooms, a bathroom, and a separate W/C, providing a well-configured living space. The property benefits from a private rear garden featuring a pergola and an area with replica turf, as well as a small lawned garden at the front and allocated parking for one vehicle. The lease has a term of 125 years from 29 August 2011, with approximately 110 years remaining. The current tenants have been residing in the property since 2018 and are holding over from a two-year tenancy agreement that commenced on 6 November 2020. The property generates an annual rental income of £13,200, resulting in a yield of 8.8% if purchased at the guide price. The flat is conveniently situated within the built-up area of Basildon, which has seen extensive development since its incorporation into the new town in 1949.
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