- FOR SALE BY ONLINE AUCTION +
- 6 WEEKS’ COMPLETION +
- Flat +
- Two bedrooms +
- Requires refurbishment +
- Vacant leasehold +
- Cash buyers only +
For Investment – Situated on the top floor of a mixed-use building, this well-proportioned two-bedroom apartment requires refurbishment and offers an attractive opportunity for investors seeking a competitively priced asset within the Clacton-on-Sea (CO15 1UQ) market.
Ideal for cash purchasers, the property is expected to achieve rental income in the region of £700 per calendar month, providing a gross yield of approximately 17% PAX, making it well suited to those targeting strong returns.
The apartment benefits from a roof terrace area and an allocated parking space, enhancing its appeal to prospective tenants. The location is particularly convenient, offering easy access to Clacton town centre, the seafront, local shops, cafés and public transport. The area is also well served by road links, with the A133 providing quick connections to the A120 and A12.
With consistent rental demand in the area, the property represents a compelling buy-to-let opportunity or portfolio addition, combining immediate income potential with longer-term value prospects.
For cash buyers only, due to the absence of an active management company and the mixed-use nature of the block.