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1 bed property, in Sandon Close, £130,000
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1 bed flat

Sandon Close, Rochford, Essex, SS4
£130,000

Our Summary

  • Take a look inside this perfect investment opportunity for a new landlord looking for their first purchase or a landlord looking to add to their portfolio
  • The property has been priced in accordance with the lease needing extending - Lease length remaining - 62 years

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Description

The property is a two-bedroom investment opportunity with a floor area of 419 square feet. It is sold with no onward chain and is rented out at £935 per calendar month. The property has a lease with 62 years remaining, and the current vendor is willing to extend the lease for an additional fee.

The property has a service charge of £1712.56 per year and ground rent of £180 per year. It is located in a low flood risk area and not in a conservation area. The property has electric heating, mains standard electricity, water, and sewerage supplies, and basic, superfast, and ultrafast broadband availability.