2 bedroom detached bungalow for sale

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2 bedroom detached bungalow for sale

Standard Avenue, Jaywick, Essex CO15
£85,000

Our Summary

  • The property is offered as an ongoing investment opportunity with a Tenant in Situ who is currently paying £650 per calendar month, which at the current asking price gives a yield of 8

Description

This two-bedroom detached bungalow is situated on a double plot in the Grasslands area of Jaywick, just 300 meters from the beach and sea front. The property is currently tenanted, with a tenant paying £650 per month, generating a yield of 8.6%. The bungalow has a lounge with French doors, a kitchen with fitted units, and two bedrooms. The shower room has a three-piece suite, and the property also has front, rear, and side gardens, with a patio area and a storage shed. The location is convenient for Clacton town centre and mainline railway station, approximately 2.5 miles away. The property offers a great investment opportunity with a steady income stream.