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Leasehold One Bedroom Ground Floor Flat

Leasehold One Bedroom Ground Floor Flat

Address

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Auction date

08 Oct 2023

Guide price

£100,000

Type

Flat

Tenure

Leasehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This leasehold one bedroom ground floor flat offers a fantastic buy-to-let investment opportunity, generating a yield of 7% based on the guide price. Located in Shoeburyness, close to local shops and amenities, this flat is a short walk from the railway station and East Beach.

  • Accommodation: Entrance Hall, Lounge/Diner (16'7 x 12'4), Kitchen (9'4 x 5'8), Bedroom (14'7 x 8'1), Bathroom/WC (10'10 x 5'8)
  • EPC Rating: D
  • Leasehold with 158 years remaining on the lease
  • Current monthly rent: £650, totaling £7,800 per annum

As an ideal buy-to-let investment, this property is currently tenanted with a reliable income stream, while still being conveniently located near local amenities. This investment not only offers immediate income but also strong potential for future growth.

Last update: 28 Sep 2026

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