1 bedroom flat for sale

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1 bedroom flat for sale

Honiton Road, Southend On Sea SS1
£165,000

Our Summary

  • ** BUY TO LET INVESTMENT OPPORTUNITY ** This well presented one bedroom first floor flat is being offered for sale as a ready made buy to let investment with an existing tenant in occupation paying £875pcm (circa £10,500 per annum)

Description

This one-bedroom first-floor flat is being offered as a buy-to-let investment opportunity with an existing tenant paying £875 per month, equivalent to £10,500 per year. The property is located in a great spot near Southend East rail station, the city center, and the seafront, making it an attractive addition to any portfolio. The flat features a lounge with a bay window, a modern kitchen with appliances, a double bedroom with built-in wardrobe, and a bathroom with a white suite. The property also comes with an off-street parking space and 186 years remaining on the lease. The annual ground rent is £100, and the service charge has been £1,500 but will reduce to around £900 from October.