£235,000
6 Bedroom Flat
London Road, Westcliff-on-sea, Essex, SS0
First listed on: 25th March 2024
Nearest stations:
- Chalkwell (0.7 mi)
- Westcliff-on-Sea (0.7 mi)
- Southend Victoria (1.3 mi)
- Prittlewell (1.3 mi)
- Southend Central (1.4 mi)
Interested?
Call: See phone number 01702 333399
Property Description
Tenure: Leasehold
Venue: LIVE STREAM, www.AuctionHouse.Online
The property has suffered some damage from previous occupants but is now secure and fully vacant. There is potential to repair the property and restore the 6 units which could generate an income of about ?41,000p.a. representing a yield of 17% if purchased at guide, or convert into two or three flats subject to obtaining all necessary consents.
ACCOMMODATION
First Floor
Flat 1: 17'6" x 12'2" (5.34m x 3.73m) + Shower Room
Flat 2: 14'9" x 10'11" (4.52m x 3.34m) + Shower Room
Office/Store Room
Second Floor
Flat 3: 18'10" x 12'10" (5.75m x 3.92m) + Shower Room
Flat 4: 12'4" x 12'1" (3.76m x 3.70m) + Shower Room
Third Floor
Flat 5: 13'0" x 9'6" (3.98m x 2.92m) + Shower Room
Flat 6: 12'7" x 11'3" (3.86m x 3.45m) + Shower Room
LOCATION
Westcliff-on-Sea is a suburb of the city of Southend-on-Sea, located within the ceremonial county of Essex. It is on the north shore of the lower Thames Estuary, about 34 miles (55 km) east of London.
The property is situated on the A13 London Road with easy access to shops, bars and restaurants. Southend University is about half a mile to the north of the property .
VIEWING
Strictly by appointment with the Auctioneer
EPC Rating: D
Viewings
25 Apr 2024 11:00-11:30
01 May 2024 13:00-13:30
07 May 2024 11:00-11:30
11 May 2024 09:30-10:00
Additional Fees
Buyers Premium - 1.2% inc VAT of the purchase price, subject to a minimum of ?1800 inc VAT, payable on exchange of contracts.
Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of ?900 inc VAT, payable on exchange of contracts.
Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.
Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.
Useful Statistics In Your Area
We have collected some useful information to help you learn more about your area and how it may affect it's value. This could be useful for those already living in the area, those considering a move or a purchase of a buy-to-let investment in the area.
Property Location
Property Street View
Price History
Listed prices are those submitted to us and may not reflect the actual selling price of this property.
Date | History Details |
---|---|
08/04/2024 | Property listed at £235,000 |
Mortgage Calculator
Calculate the cost of a mortgage for your new home based on available data.
Get an Instant Offer
Looking to sell quickly. OneDome's Instant Offer service can get you a cash offer within 48 hours and money in the bank in as little as 7 days. Giving you speed and certainty.
Find the best Estate Agents
Need to sell and want the best agent? Compare your local agents from thousands nationwide. Get no-obligation quotes immediately just by entering your postcode.