2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Standard Avenue, Jaywick, Essex
£99,995

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 7

Description

This two-bedroom detached bungalow, constructed from timber framing, is situated on a double plot in the Grasslands area of Jaywick, just 300 meters from Jaywick beach and seafront. The property is currently rented out to a tenant, paying £650 per month, which provides a yield of 7.8% at the asking price. The bungalow features a lounge with double glazed doors, a kitchen with fitted units and appliances, two bedrooms, and a shower room with a three-piece suite. The property also benefits from front, rear, and side gardens, with a part-enclosed front garden, a mainly laid-to-lawn side and rear garden, and a timber storage shed. The location is convenient for Clacton town centre and mainline railway station, approximately two and a half miles away.