£137,500
(£206/sq. ft)
2 bed flat for saleKings Avenue, Holland-On-Sea CO15
2 beds
1 bath
1 reception
668 sq. ft
EPC Rating: C
About this property
Two Bedrooms
Buy To Let Investors Only
Balcony
Sea Views
Ideal Investment Opportunity
Garage & Off Street Parking
Close to Amenities & Seafront
Well Presented Throughout
No Onward Chain
Council Tax Band - B / EPC Rating - C
The property is being sold with a tenant in situ currently paying £900 pcm, generating an annual rental income of £10,800. Based on a purchase price of £137,500, this equates to an attractive gross rental yield of approximately 7.85%, making it an appealing addition to any investment portfolio.
Accommodation comprises of approximate room sizes:
Stair flight to third floor. Obscured sealed unit double glazed door leading to:
Hallway
Built in airing cupboard housing combination boiler providing heating and hot water throughout. Built in storage cupboard. Radiator. Door to:
Kitchen (3.15m x 2.44m)
Fitted with a range of matching fronted units. Rolled edge work surfaces. Inset one and a half ceramic bowl sink and drainer unit. Inset four ring gas hob with extractor hood above and electric oven under. Further selection of units both at eye and floor level. Plumbing for washing machine and dishwasher. Space for fridge/freezer. Part tiled walls. Tiled effect vinyl flooring. Radiator. Sealed unit double glazed window to front.
Bedroom Two (3.78m x 2.26m)
Built in wardrobes. Radiator. Sealed unit double glazed window to front.
Bathroom
Suite comprises of low level WC. Pedestal wash hand basin. Enclosed panelled bath with wall mounted shower attachment. Fully tiled walls. Tiled flooring. Extractor fan. Wall mounted heated towel rail.
Bedroom One (4.78m into dr x 2.74m)
Radiator. Sealed unit double glazed window to rear.
Lounge (5.33m x 3m)
Radiator. Sealed unit double glazed sliding patio door leading to balcony.
Material Information - Leasehold Property
Tenure: Leasehold
Length of lease (years remaining): 300
Annual ground rent amount (£): 25
Ground rent review period (year/month):
Annual service charge amount (£): 1500
Service charge review period (year/month):
Council Tax: Tendring District Council
Council Tax Band: B
Payable 2025/2026 £1731.31 Per Annum
Any Additional Property Charges: N/A
Services Connected:
(Gas): Yes
(Electricity): Yes
(Water): Yes
(Sewerage Type): Mains
(Telephone & Broadband): Yes - For Current Correct Information Please Visit:
Non-Standard Property Features To Note: N/A
Money laundering, terrorist financing and transfer of funds (information of the payer) regulations 2017 - When agreeing a purchase, prospective purchasers will be asked to undertake Identification checks including producing photographic identification and proof of residence documentation along with source of funds information.
Referral Fees
You will find a list of any/all referral fees we may receive on our website
Disclaimer - Wide Angle Lens Etc
These Particulars do not constitute part of an offer or contract. They should not be relied upon as a statement of fact and interested parties must verify their accuracy personally. All internal & some outside photographs are taken with a wide angle lens, therefore before arranging a viewing, room sizes should be taken into consideration.
Lease Info
Please Note: It is up to any interested party to satisfy themselves fully of the lease details with their legal representative before entering into a contractual agreement.
Mortgage calculator
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More information
Tenure
Leasehold (300 years)
Service charge
£1,500 per year
Council tax band
B
Ground rent
£25
Ground rent date of next review



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