3 bedroom flat for sale

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3 bedroom flat for sale

Old Pier Street, Walton On The Naze
£260,000

Our Summary

  • Boydens are pleased to offer by modern online auction this mixed commercial/residential investment opportunity
  • The property is located in flood zone 1 which means it has a low probability of flooding from rivers and the sea - Checked January 2024 Planning Applications in the Immediate Locality - We are not aware of any planning applications in the immediate locality - Checked January 2024Auctioneers Additional CommentsPattinson Auction are working in Partnership with the marketing agent on this online auction sale and are referred to below as 'The Auctioneer'
  • This auction lot is being sold either under conditional (Modern) or unconditional (Traditional) auction terms and overseen by the auctioneer in partnership with the marketing agent
  • The property is being sold via a transparent online auction

Description

This mixed commercial and residential investment opportunity in Walton on the Naze consists of a ground floor commercial space with a large shop area, office, cloakroom, and basement, as well as a self-contained two or three bedroom flat with its own roof terrace. The property has a potential yield of 8%+ and is located in a convenient corner position in the heart of the town. The commercial space has electric heating and gas central heating, and the flat has mains electricity, water, and sewerage. The property can be accessed via steps up to the shop and spiral staircase up to the flat, and there is no parking available. The property is located in flood zone 1, which means it has a low probability of flooding from rivers and the sea. The property is available to view by appointment only and bids can be made via the marketing agent or the auctioneer's website.
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