1 bedroom bungalow for sale

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1 bedroom bungalow for sale

49 Tower Estate, Point Clear Bay, Point Clear Bay, Clacton-on-Sea, Essex, CO16 8NG
£45,000

Our Summary

  • FOR SALE BY PUBLIC AUCTION ON THURSDAY, 10TH APRIL 2025 AT 12

Description

This vacant freehold one-bedroom bungalow is a buy-to-let investment opportunity located in Point Clear Bay, close to the seafront and various leisure facilities. The property has undergone modernization and is available for sale by public auction on April 10th, 2025. The bungalow has a living room, kitchen, bedroom, inner hallway, storage cupboard, and shower room/WC. It has a proven rental income of £7,000 per month (£8,400 per annum), which represents a yield of 14% of the guide price, making it an attractive investment opportunity for those looking for a reliable income stream.
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