Description

Standing in one of the most sought after locations within the conservation area is this impressive property being offered on to the open market as a FREEHOLD INVESTMENT OPPORTUNITY.

This superb residential investment with its picturesque settings is within the Southend conservation area offers six apartments offering clifftop and panoramic sea views.

 Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend's International Airport.

Rooms

Apartment 1 - G/Floor - 2 Bed - 807 sq.ft.

Lounge - 16'5 x 16'4 - with sea views Kitchen - 15'4 x 5'4 Bedroom 1 - 18'9 x 11'4 Bedroom 2 - 14'5 x 7'1 Bathroom - 11'4 x 7'4

Apartment 2 - G/Floor - 2 Bed - 861 sq.ft

Lounge - 19'4 x 15'1 Kitchen - 10'8 x 8'3 Bedroom 1 - 14'4 x 14'3 Bedroom 2 - 10'9 x 6'9 Bathroom

Apartment 3 - F/Floor - 1 Bed - 635 sq.ft.

Measurements to be confirmed.

Apartment 4 - F/Floor - 1 Bed - 796 sq.ft.

Lounge/diner - 22'6 x 11'9 Kitchen - 11'5 x 7'9 Bedroom - 14'4 x 11'9 Bathroom - 14'7 x 6'8

Apartment 5 - 2nd Flr - 1 Bed - 527 sq.ft.

Lounge - 14'2 x 13'6 Kitchen 10'4 x 4'2 Bedroom - 13'4 x 13'3 Bathroom - 12'7 x 4'2 Seaviews from the Balcony

Apartment 6 - 2nd Flr - 1 Bed - 462 sq.ft.

Lounge - 13'9 x 13'2 Kitchen - 7'9 x 3'7 Bedroom - 14'4 x 12'9 Bathroom

INCOME

The investment currently produces approximately £67,000 per annum and offers great potential for a further uplift in the rental income.

SUMMARY

Summary This freehold property allows the opportunity of a potential rear extension and re-configuration which would provide an uplift in the capital value of this asset and rental income (subject to the necessary planning consent required).

Parking Spaces

Garage

Capacity: 7

7 parking spaces. 7 fully let lock-up garages in a block at the rear of the property with additional parking area.