This vacant leasehold flat is a rare buy-to-let investment opportunity situated on the seafront of Walton on the Naze, just 100 yards from the town center. The property, which has previously been let out, boasts a one-bedroom ground floor layout with a lounge/kitchenette, bedroom, and bathroom. With a guide price, the property is expected to generate a monthly income of £650, translating to an annual income of £7,800 and a yield of 15.6%. The seller has recently granted a new lease with a term of 999 years, and further details can be found in the legal pack. This investment opportunity is expected to attract a high level of interest and is being sold by public auction on April 10th, 2025, with bidding available by telephone, proxy, and online.