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1 bedroom flat for sale
Genesta Road, Westcliff-on-sea, SS0 8
£150,000
Genesta Road, Westcliff-on-sea, SS0 8
£150,000
Our Summary
- This leasehold flat presents a promising investment opportunity due to its rental appeal
- Investment potential / rental appeal
Description
This ground-floor flat in Westcliff-on-Sea offers modern living in a period building, with a double bedroom, modern fitted kitchen, and double glazing throughout. The property benefits from a communal garden and shared parking facilities, making it an attractive investment opportunity. Located just a short walk from Hamlet Court Road, residents can enjoy a range of shops and amenities, with direct access to London via the C2C train line. The property's proximity to transport links and local amenities makes it a popular choice for commuters and those looking to explore nearby areas. With a remaining lease of 155 years, service charge of £127.41 PCM, and potential rental income of £950 PCM, this leasehold flat presents a promising investment opportunity with a gross rental yield of 6.33% and net rental yield of 5.45%.