Currenlty listing 992 upcoming property auctions in the UK
Buy to Let Investment: Leasehold Split Level Three Bedroom Maisonette
Address
See address
Auction date
04 Jun 2023
Guide price
£120,000
Type
Flat
Tenure
Leasehold
EPC Rating
E
Status
Ended
Description
This impressive split-level maisonette offers a fantastic buy-to-let investment opportunity with a tenant already in occupation, generating an income of £12,900 per annum. Featuring three spacious bedrooms, this leasehold property is well-suited for those seeking a reliable rental income.
- Leasehold with a 125-year lease starting December 2001
- Approximate area of 66 square meters (710 square feet)
- Rooms include: entrance hall, kitchen, lounge, three bedrooms, bathroom, and separate WC
- Current rental income of £1,075 pcm
- EPC Rating: E
This property boasts a prime location in Basildon, making it an appealing option for tenants. With a strong rental yield of over 10% based on the guide price, it's a sound investment for both seasoned and new landlords.
Last update: 27 May 2026
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