2 bed detached bungalow

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2 bed detached bungalow

Colne Way, Point Clear Bay, Essex CO16
£85,000

Our Summary

  • Investment Opportunity

Description

This two-bedroom detached bungalow is being sold with a sitting tenant paying £623 per month, generating a 7.48% yield on the asking price. Located in Point Clear Bay, approximately six miles from Clacton-on-Sea's town center, seafront, and mainline railway station, the property offers a lovely holiday home or investment opportunity. The bungalow features a spacious lounge, modern kitchen with fitted units, two bedrooms, and a shower room. The exterior boasts a patio paved area to the front and a lawned area with panelled fencing to the rear. With a holiday home status and a current tenant, this property is an attractive option for those looking for a hassle-free investment or a relaxing retreat. An internal inspection is highly recommended to appreciate the accommodation on offer.