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2 bedroom block of apartments for sale
10 Weston Road, Southend-on-Sea, Essex, SS1 1AS
£500,000
10 Weston Road, Southend-on-Sea, Essex, SS1 1AS
£500,000
Our Summary
- FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12
Description
This freehold property is a buy-to-let investment opportunity located in the city centre, comprising three flats that are currently let on Assured Shorthold Tenancy agreements. The property is producing an annual income of £33,660, with each flat rented out at a different rate: £885 per month for the basement flat, £850 per month for the first-floor flat, and £1,070 per month for the second-floor flat. The property is situated near mainline railway stations and Southend Seafront, making it a desirable location. Note that this property falls within a Selective Licensing Scheme operated by Southend on Sea City Council, and potential buyers should contact them for further information. The property will be sold at public auction on February 26th, 2025, with bidding available by telephone, proxy, and online.