4 Bed Flat, Motivated Seller, Clacton-on-Sea, CO15 1SU £120,000

• Three Bedrooms +
• Bedroom Four / Dining Room +
• Fitted Kitchen +
• Gas Heating +
• Double Glazing +
• Town Centre Location +
• Balance of 125 Year Lease, granted in 2016 +
• Being Sold with Tenant in Situ +
• Ideal Buy to Let Investment Purchase +
• Sole Agents +

Blake & Thickbroom are pleased to be offering for sale this four bedroom second floor flat, being sold with a tenant in situ, who are currently paying £800 per calendar month. The property has a balance of a 125 year lease lease, granted in 2016. In the valuer's opinion, the property is an ideal Buy to Let investment. producing a yield of 8% before service charge and ground rent deductions.

Agent Notes:
Material Information for this property.
Tenure is Leasehold. 125 years from 13th January 2016
Council Tax Band B. EPC Rating D.
Services Connected
Electricity - Yes
Gas - Yes
Water- Yes
Sewerage type - Mains
Telephone and Broadband coverage - Yes
Prospective purchasers should be directed to website to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Additional property charges - Yes
Service charges for period 1st January 2024-31st December 2024 is £2,305.83 and ground rent is £250 PA. The service charge for 2025 is to be confirmed.
Non standard property features to note - No