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Leasehold Second Floor Flat

Leasehold Second Floor Flat

Address

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Auction date

08 Oct 2023

Guide price

£135,000

Type

Flat

Tenure

Leasehold

EPC Rating

D

Status

Ended

Auction location placehbolder

Description

This leasehold second floor flat is situated close to Brentwood High Street, offering convenient access to local amenities and transport links. With two bedrooms and a tenant currently occupying the property, it generates a solid rental income of £13,200 annually.

  • Ground rent: £10 per annum
  • Leasehold with 82 years remaining
  • EPC Rating: D
  • Approximate accommodation layout: Lounge/Diner, Kitchen, Two Bedrooms, Bathroom, Communal Parking

Investors will appreciate the gross yield exceeding 9% based on the guide price. As a second floor flat, it benefits from a lift and communal parking, making it ideal for professional tenants. This property represents a promising investment opportunity in Brentwood.

Last update: 26 Sep 2026

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