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2 bed semi-detached house
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Our Summary
- 5% with potential to bring this up to 7
- Current rental income of £975pcm with scope to raise this up to £1,100pcm
- 3%) * A freehold asset in an area with proven capital growth * Future rental uplift supported by comparable local 2 bed rental values This investment combines low risk, strong returns, and long-term growth potential in one of Clacton's consistently performing residential pockets
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Description
The property is a 2-bedroom semi-detached home with freehold tenure, located in a stable residential area with consistent buyer and tenant demand. The property is currently occupied by a long-term tenant, generating a current rental income of £975 per month, with an estimated market rent of £1,100 per month. The property is situated on Olivers Road in the CO15 3QH postcode, close to Clacton amenities, local transport, and services.
Recent sales and rental comparable properties in the area show strong historical demand and rising values, with the estimated average property value in the postcode being around £210,704.