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Buy To Let Investment: Leasehold Two Bedroom First Floor Flat

Buy To Let Investment: Leasehold Two Bedroom First Floor Flat

Address

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Auction date

04 Jun 2023

Guide price

£150,000

Type

Flat

Tenure

Leasehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This well-presented two bedroom first floor flat is an excellent buy-to-let investment, currently occupied by a tenant paying £1,050 per month which offers a strong yield of over 8% based on the guide price. The property boasts off-street parking, a fitted kitchen, and a private garden area, making it a desirable option for tenants.

  • Leasehold with 75 years remaining on a 99-year lease
  • Accommodation includes lounge, kitchen, two bedrooms, and bathroom
  • EPC Rating: D
  • Good size garden and off-street parking
  • Annual rental income approx. £12,600
  • Service charge approximately £120 per annum

The flat is conveniently located within reach of local amenities and Southend East train station, making it an appealing choice for both investors and tenants. Please refer to the legal pack for detailed lease and service charge information. Don’t miss the opportunity to secure this investment property in a competitive market.

Last update: 25 May 2026

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