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Property details
Map & nearby

Block of flats for sale in Benfleet, Essex

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Block For Sale

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Block of flats for sale

Tenure:

Freehold

Council tax band:

Not available

Property features

Residential development - 16 flats for sale
13 x 2 bed apartments
3 x 1 bed apartments
Communal gardens
Parking
Freehold for sale

Property description

This property is situated in South Benfleet with great connections to the A130 and A127. Supermarkets nearby include Aldi, Tesco express and other local amenities.

The modern un-broken block of 16 flats let on AST’s comprise a mixture of 1 bed and 2 bed apartments as per the accommodation schedule below. 8 out of the 2 bedroom apartments have en-suites.

The current income for the year 2020/2021 - £155,027 pa
Rental growth with prospect to increase rental income to £170,000 pa

accommodation 3 x 1 bed apartments - 505 Sq. Ft. (47 Sq. M.) 12 x 2 bed apartments 600 Sq. Ft. (52 Sq. M.) 1 x 2 bed apartment 904 Sq. Ft. (84 Sq. M.)

Residential development - 16 flats for sale

13 x 2 bed apartments

3 x 1 bed apartments

Communal gardens

Parking

Freehold for sale

Potential income of £170,000 per annum

Property info

Transport Schools Healthcare Food stores Restaurants/bars Sports/health clubs Parks/recreation

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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 Ayers & Cruiks, and do not constitute property particulars. Please contact Ayers & Cruiks 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.