£240,000
3 bed maisonette for saleBeaumont Avenue, Clacton-On-Sea CO15
3 beds
2 baths
2 receptions
EPC Rating: D
About this property
Freehold property
Two self-contained flats
Two-bedroom ground-floor flat
One-bedroom first-floor flat
Annual rental income: £18,720
Tenants to remain in situ
Off-road parking
Two excellent-sized gardens
Additional land to the side and rear
Excellent opportunity for an existing or first-time property investor
Current Rental Income: £1,560 pcm | £18,720 pa
An excellent opportunity to acquire a freehold investment property comprising two self-contained flats, ideally suited to investors looking to add a well-established income-producing property to their portfolio.
The property comprises a spacious two-bedroom ground-floor flat and a one-bedroom first-floor flat, each offering well-proportioned accommodation and their own outdoor space. The property occupies a generous freehold plot, with off-road parking, two excellent-sized gardens and additional land to the side and rear, providing considerable outside space and potential for future enhancement, subject to the necessary permissions.
The two-bedroom ground-floor flat offers comfortable and practical accommodation, making it an attractive proposition for a range of tenants. The property benefits from well-proportioned living accommodation, two bedrooms and access to its own garden.
The one-bedroom first-floor flat provides a separate and self-contained living arrangement, offering well-proportioned accommodation including a living area, kitchen, bedroom and bathroom.
Both flats are currently occupied by tenants, who will remain in situ, providing the incoming purchaser with an immediate rental income stream from completion.
The combined rental income is currently £1,560 per calendar month, equating to £18,720 per annum.
Externally, the property is particularly appealing for an investment of this type, benefiting from off-road parking, two substantial gardens and further areas of land to the side and rear, offering excellent outside space and potential for a variety of uses, subject to any relevant consents.
An investment opportunity offering two independent rental units, an established income stream and a particularly generous plot, making this an attractive addition to a buy-to-let portfolio.
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£1,200 per month
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