Clacton

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Clacton

Clacton-on-Sea CO16
£120,000

Our Summary

  • Viewing is advised to appreciate the potential on offer
  • Investment Opportunity

Description

This property comprises two caravans, a 40' Lymington with four bedrooms and two bathrooms, currently rented at £1000 per calendar month, and a 38' Wiloughby Granada with two bedrooms and two bathrooms, with an estimated rental value of £800 per calendar month. Additionally, there is a 20' storage unit, valued at £200-250 per calendar month. With a total potential rental value of £2000 per month, the property offers a yield of 20% at the asking price. The plot, measuring approximately 70' x 45', features recently installed panel fencing and gated access to the side, making it an attractive investment opportunity.