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Buy to Let Investment: Leasehold Two Bedroom First Floor Flat
Address
See address
Auction date
04 Jun 2023
Guide price
£135,000
Type
Flat
Tenure
Leasehold
EPC Rating
D
Status
Ended
Description
This two bedroom first floor apartment is an excellent buy to let investment offered with an existing tenant, generating a monthly rent of £1,150, resulting in a yield exceeding 9% of the guide price. The flat features a fitted kitchen and bathroom and is conveniently located for access to Southend East train station, the seafront, and the city centre.
- Leasehold property with a 99 year lease from 25th March 1986 (59 years remaining)
- Living room measuring 15'8 x 15'
- Kitchen measuring 9'2 x 7'3
- Bedroom One measuring 12'9 x 11'2
- Bedroom Two measuring 9'2 x 6'8
- Bathroom
- EPC Rating: D
- Located close to city centre
As a leasehold property, future tenants should be aware of terms regarding service charges and ground rent. Given its current rental agreement, this flat offers a solid investment opportunity for buyers seeking return on investment in the Southend-on-Sea area.
Last update: 26 May 2026
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