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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 captivating leasehold split level three-bedroom maisonette presents an ideal investment opportunity with a tenant already in place, yielding a steady income of £10,464 per annum. Situated in a convenient location, the property benefits from residents parking and features a welcoming entrance hall, kitchen, and lounge on the second floor, while the third floor includes three spacious bedrooms, a bathroom, and a separate WC.
- Three bedrooms arranged over two floors
- Current monthly rent set at £1,075
- Gross yield of 8.7% based on the guide price
- 125-year lease commenced in 2001, with 100 years remaining
- EPC Rating: E
- Service charge: £1,590 per annum
- Conveniently located near local amenities
This property represents a robust investment prospect, especially for buy-to-let investors looking to expand their portfolio. With its practical layout and favorable conditions, it is situated in the heart of Basildon, providing easy access to local transport and facilities.
Last update: 25 May 2026
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