Alton Road, Clacton on Sea, CO15 1 bed flat for sale

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Alton Road, Clacton on Sea, CO15 1 bed flat for sale

Alton Road, Clacton on Sea, CO15
£85,000

Our Summary

  • One bedroom GROUND FLOOR FLAT conversion in this substantial VICTORIAN residence occupying a PRIME LOCATION just YARDS from the lovely SEAFRONT - CASH BUYERS only due to length of lease
  • TENURE:We understand the flat is held on the balance of a 99 year lease with approximately 64 years remaining and only suitable for a cash buyer
  • SHORT LEASE REMAINING THEREFORE CASH BUYERS ONLY
  • Short lease remaining therefore cash buyers only

Description

This one-bedroom ground floor flat conversion is situated in a prime location, just yards from the seaside, and is only suitable for cash buyers due to the length of the lease. The property features a secure intercom entry system and communal areas, including a rear garden. The flat itself has a spacious entrance hall, a lounge with a double-glazed bay window, a kitchen with modern appliances, a bedroom with two double-glazed windows, and a shower room with an enclosed shower cubicle. The property also benefits from a parking bay to the front and access to a communal rear garden area. The flat is held on a 99-year lease with approximately 64 years remaining, and the current service charge is approximately £460 per year. The property is currently let at £650 per month on a rolling monthly contract, making it an attractive investment opportunity for cash buyers.