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

3 Arcade Mansions, Clacton-on-sea, Essex, CO15 1SU - 2 views - 3 years ago
  1. Deal Search
  2. Clacton-on-sea
  3. CO15
  4. CO15 1SU
Leasehold
B2SA
ROI: 19%
~93 m²

Valuation

This may not be accurate, please check manually.

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Links

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  • More Deals in CO15
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  • More B2SA Deals in Clacton-on-sea
  • More B2SA Deals in CO15

Property History

Price changed to £120,000

September 21, 2025

Price changed to £127,000

June 28, 2025

Price changed to £130,000

February 24, 2025

Listed for £134,000

April 18, 2023

Sold for £117,500

2016

Sold for £125,000

2016

Sold for £74,000

2008

Sold for £81,000

2002

Sold for £46,500

2001

Sold for £39,995

2000

Sold for £28,500

1999

Floor Plans

Description

  • 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

Agent Details

Blake & Thickbroom, Clacton on sea

01255 688788

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Links

  • More Deals in Clacton-on-sea
  • More Deals in CO15
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  • More B2SA Deals in Clacton-on-sea
  • More B2SA Deals in CO15

Cashflows

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