Block of flats for sale in Carnarvon Road, Clacton-On-Sea CO15

POA
Block of flats for sale 21,000 sq. ft*
Interested in this property? Call +44 20 3641 9157 * or Request Details

* Calls to this number will be recorded for quality, compliance and training purposes.

Property features

  • Freehold Unbroken Block of 32 Apartments
  • Comprising 32 self-contained units over six floors
  • Fully let building
  • On site car parking for 25 vehicles
  • Development potential subject to the necessary consents and planning permissions
  • VAT is not applicable to this property
  • Located within a short walk of Clacton mainline station

Property description

Investment Consideration:
Rental income: £272,000 p.a.
VAT is not applicable to this property
Fully let building
Comprising 32 self-contained units over six floors, 3 x 3-bedroom (two of which are penthouses with roof terraces), 18 x 2-bedroom and 11 x 1-bedroom units
On site car parking for 25 vehicles
Development potential subject to the necessary consents and planning permissions
Located on the west side of Carnarvon Road, in this popular seaside town, within a short walk of Clacton mainline station (Greater Anglia trains to Liverpool Street station) and within ½ mile of the seafront and pier.

Property Description:
A substantial detached block of apartments (formerly an office building converted under Permitted Development Rights) comprising 32 self-contained units over six floors 3 x 3-bedroom (two of which are penthouses with roof terraces), 18 x 2-bedroom and 11 x 1-bedroom units.

The property provides the following accommodation and dimensions:
Total Site Area: 1,967 sq m (21,000 sq ft)

Tenancy:
The building is fully let and generates an income of approximately £272,000 p.a. Total rent deposit held of £15,265. Full tenancy schedule can be provided upon request.

Planning:
The site may offer further development potential subject to the necessary consents and planning permissions.

Location:
Located on the west side of Carnarvon Road, in this popular seaside town, within a short walk of Clacton mainline station (Greater Anglia trains to Liverpool Street station) and within ½ mile of the seafront and pier. Shopping and other amenities are close at hand including the main shopping centre and High Street. Each apartment has modern fitted kitchens and bathrooms, gas central heating and there is parking for up to 25 cars (accessed from Hayes Road). A passenger lift serves the first - fourth floors and there are communal gardens.

Property info

* Sizes listed are approximate. Please contact the agent to confirm actual size.

Arrange Viewing

For more information about this property, please contact
Blue Alpine Partners, SW1P on +44 20 3641 9157 * (local rate)

Contact Blue Alpine Partners about this property

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blue Alpine Partners, and do not constitute property particulars. Please contact Blue Alpine Partners for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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