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Flat 2, 3 Key Road, Clacton
Flat 2, 3 Key Road, Clacton-on-Sea
£115,000
Flat 2, 3 Key Road, Clacton-on-Sea
£115,000
Our Summary
- The property will be sold with an extended lease, currently producing an annual rental income of £8,100 (7% gross yield) with further potential to produce £9,000 per annum (7
Description
Blake & Thickbroom is offering for sale a two-bedroom first-floor flat, which is currently tenanted and will be sold with an extended lease. The property is located within walking distance of local shops and a mainline railway station, providing excellent links to London Liverpool Street. The flat is generating an annual rental income of £8,100 (7% gross yield) and has potential to increase to £9,000 per annum (7.8% gross yield). The property is being sold with a leasehold tenure, and the vendor has advised that a new balance will be added to the current lease. An internal viewing is highly recommended to avoid disappointment.