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Leasehold First Floor Studio Apartment

Leasehold First Floor Studio Apartment

Address

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Auction date

04 Jun 2023

Guide price

£75,000

Type

Flat

Tenure

Leasehold

EPC Rating

E

Status

Ended

Auction location placehbolder

Description

Introducing a leasehold first floor studio apartment, currently let at £800 per calendar month, providing a strong yield of over 12% of the guide price. This property is part of a larger building arranged as four self-contained flats. It is conveniently located near local shops, train stations, and a hospital.

  • Leasehold tenure with a long lease of 199 years starting from 14th January 1980
  • Accommodation includes a communal entrance, lounge/kitchen, partitioned bedroom area, and bathroom
  • EPC rating: E

This investment opportunity is perfect for buyers interested in rental income or for first-time investors. The property’s location in Westcliff-on-Sea offers excellent access to local amenities and transport links, making it a desirable area for tenants.

Last update: 26 May 2026

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