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1 bedroom flat for sale
Honiton Road, Southend On Sea SS1
£175,000
Honiton Road, Southend On Sea SS1
£175,000
Our Summary
- ** buy to let investment opportunity ** This well presented one bedroom first floor flat is being offered for sale as a ready made buy to let investment with an existing tenant in occupation paying £875pcm (circa £10,500 per annum)
Description
This one-bedroom first-floor flat is being offered as a buy-to-let investment opportunity with an existing tenant paying £875 per month, equivalent to £10,500 per year. The property features off-street parking and 186 years remaining on its lease. Located close to Southend East rail station, the city centre, and the seafront, it would make a great addition to any buy-to-let portfolio. The flat has a modern kitchen, a spacious lounge with a feature fireplace, a double bedroom, and a bathroom with a white suite. The property also benefits from laminate wood flooring throughout, double-glazed windows, and a gas central heating and hot water boiler. With a annual ground rent of £100 and a service charge of £900, this property presents a solid investment opportunity for anyone looking to expand their portfolio.