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BUY TO LET INVESTMENT: A FREEHOLD BLOCK OF STUDIO FLATS 90% LET WITH A POTENTIAL INCOME OF £114,000 PER ANNUM A 12.6% YIELD ON THE GUIDE PRICE

Flat 1-20 Marinor Court, 41 Marine Parade East, Clacton-on-Sea, Essex, CO15 6AD

Mixed Use
About this Property
2018-12-05
Modern
Mixed Use
Description

A Block of 20 Self contained studio flats close to Clacton seafront and railway station. We understand that 18 of the apartments currently have tenants in situ on assured shorthold tenancy agreements. Its is considered that fully let at current market value the property could produce and income in the region of £9500 per callender month (£114,000 per annum).

Location
More Information
Freehold
Marine Parade East
A FREEHOLD BLOCK OF STUDIO FLATS 90% LET WITH A POTENTIAL INCOME OF £114,000 PER ANNUM A 12.6% YIELD ON THE GUIDE PRICE
Planing Authority
Tendring LPA
Sold Price History

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