FOR SALE BY PUBLIC AUCTION ON FRIDAY 19TH APRIL 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE
BUY TO LET INVESTMENT: A FREEHOLD PROPERTY CURRENTLY USED AS AN H.M.O. WITH FIVE ROOMS LET PRODUCING A TOTAL GROSS INCOME OF £30,000 PER ANNUM
This semi-detached house is currently used as an H.M.O. with five rooms all currently let at a rate of £500 per room per month ( £30,000 per annum gross income when fully let ). Located moments from Southend Seafront the property is also within access of the High Street and Southchurch Park and approx 0.5 miles from Southend East Railway Station. The accommodation comprises of five rooms, lounge, kitchen, utility room, g.f.shower room and f.f bathroom / wc
Entrance Hall
Room One: 15'1 x 13'11
Room Two: 13' x 11'6
Lounge: 12'10 x 11'3
Kitchen: 11'2 x 7'11
Utility Room plus separate Shower Room
Room Five: 13'11 x 12'9
Room Four: 12'9 x 11'6
Bathroom / Wc
Room Three: 12'11 x 11'2
We undrstand that the tenants signed new agreements on the 01/01/24
We have been advised by the seller that the property is NOT currently registered with the local authority ( Southend on Sea City Council ) as an H.M.O.
E
Agent Details
Dedman Gray Auction, Essex
01702 311010
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