A two-bedroom first-floor flat in Clacton-on-Sea, Essex, is being sold through live streaming auction on Tuesday, May 14, 2024. The property is held on a registered leasehold title number EX455772 for a term of 99 years from December 24, 1987, with 62 years remaining. The flat is currently tenanted and generating £8,700 per annum, yielding 9.7% if purchased at guide. The property features double glazing and gas central heating and is located less than 150 yards from the seafront, with an allocated parking space to the rear. The current 12-month AST expires on August 13, 2024, and the tenant would prefer to remain in residence if possible. The property has a small front garden and is situated around half a mile from Clacton Town Centre. The auctioneer can provide more information or register bidders.