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2 bedroom block of apartments for sale
Hutton Lofts, 63 Tallon Road, Hutton, Essex, CM13 1FA
£2,950,000
Hutton Lofts, 63 Tallon Road, Hutton, Essex, CM13 1FA
£2,950,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 4TH DECEMBER AT 12PM NOON
Description
A freehold building on a 0.35-acre plot is being sold at public auction, with bidding available online, by telephone, and proxy. The property, located in Shenfield, consists of 12 two-bedroom apartments, each with two parking spaces and enclosed garden spaces for ground-floor apartments. The apartments are let out under Assured Shorthold Tenancy agreements, producing a rental income of £216,252 per annum, with a potential rental value of £233,620 per annum. The property benefits from being within walking distance of Shenfield Station, which has connections to Liverpool Street and the Elizabeth Line. Shenfield is considered an affluent area with excellent shopping facilities, restaurants, and bars. The property has an EPC rating of C.