5 bedroom block of apartments for sale

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5 bedroom block of apartments for sale

Hamlet Court Road, Westcliff-On-Sea, Essex, SS0
£620,000

Our Summary

  • IINVESTMENT OPPORTUNITY - 5 FLATS FOR SALE £635,000 - Leasehold ________________________________________ Key Features: * Fully tenanted investment property * Five self-contained one-bedroom flats * Generating £4,450 per calendar month / £53,400 per annum * Prominent corner position in central Westcliff-on-Sea * Just five minutes
  • ________________________________________ Additional Information: * Tenure: Leasehold * EPC Ratings: Available on request * Council Tax Bands: please check with the local authority * Viewings: Strictly by appointment only ________________________________________ Enquire now to register your interest in this exceptional investment opportunity

Description

This is a fantastic investment opportunity for investors, offering a block of five self-contained one-bedroom flats in the vibrant heart of Westcliff-on-Sea. The property is located on a prominent corner position on Hamlet Court Road, just a five-minute walk from Westcliff railway station, and close to shops, the seafront, and other local amenities. The building is fully tenanted, generating a combined rental income of £4,450 per calendar month, equating to £53,400 per annum, offering a gross yield of over 8% based on the asking price. Each flat features a modern layout, excellent natural light, and comfortable living space, and the property has been well maintained, providing an immediate income stream for the discerning investor.