1 bedroom flat for sale

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1 bedroom flat for sale

Honiton Road, Southend On Sea SS1
£165,000

Our Summary

  • Prime buy-to-let investment opportunity - This well-presented one-bedroom first floor apartment is offered as a ready-made investment with an existing tenant in situ paying £875 per month (approximately £10,500 per annum), providing immediate rental income from day one
  • This would make an excellent addition to any buy-to-let portfolio, offering both immediate returns and long-term capital growth potential in a sought-after coastal location

Description

This is a ready-made buy-to-let investment opportunity in a prime location near Southend East railway station, city centre, and seafront. The one-bedroom first-floor apartment has an existing tenant paying £875 per month, providing immediate rental income. The property boasts a 186-year lease, off-street parking, and a strong location with high demand for rental properties. The apartment features modern fixtures and fittings, including a lounge with bay window, kitchen with gas cooker, and bathroom with white suite. The property is ideal for investors seeking a turnkey investment with proven income and long-term capital growth potential. With its excellent fundamentals, this property represents an exceptional opportunity for those looking to expand their portfolio or enter the buy-to-let market.