2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Standard Avenue, Jaywick, Essex CO15
£90,000

Our Summary

  • The property is offered as an ongoing investment opportunity with a Tenant in Situ who is currently paying £650 per calendar month, which at the current asking price gives a yield of 8

Description

This two-bedroom detached bungalow is situated on a double plot in Jaywick's Grasslands area, offering a yield of 8.6% with a tenant currently paying £650 per month. The property is just 300 meters from Jaywick beach and seafront, and approximately 2.5 miles from Clacton town center and mainline railway station. The bungalow features a lounge with French doors, a kitchen with fitted units and a range of amenities, two bedrooms, and a shower room with a three-piece suite. The property also benefits from front, rear, and side gardens, with a patio area and a timber storage shed. The gardens are enclosed by panelled fencing, providing a private and secure outdoor space. The property is an ongoing investment opportunity with a tenant in situ, making it an attractive option for those looking for a rental property with a strong yield.