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Commercial property for sale

Canvey Island

£995,000

Property Description

Full description

Tenure: Freehold

LOCATION:
Situated in this popular part of Canvey Island, just off Canvey Road and Long Road and therefore proving very popular for tenants providing a secured ongoing regular income.

DESCRIPTION:
This modern attractive freehold block of purpose built apartments consists of 9 two bedroom flats and 2 one bedroom flats currently producing an income of 77,500 per annum and proving an ideal residential investment opportunity for an established landlord or a new investor wishing to enter into the buy to let with the control of their own entire freehold block.

Schedule    20 - 650.00 20a - 575.00   20b - 595.00   20c - 575.00 20d - 580.00 22 - 575.00 22a - 625.00 24 - 595.00 24a - 625.00 26 - 650.00 26a - 625.00 Total 6,670 pcm

Services    Although we are advised that the flats benefits from main services, we would recommend that all interested parties check with the relevant statutory authorities as to the existence, adequacy or otherwise of these.

Terms    This residential block of 11 apartments, together with the freehold interest is available at 995,000 with the benefit of the current rental income.

Viewing    By appointment with Dedman Gray on 01702 311111


More information from this agent

To view this property or request more details, contact:

Dedman Gray, Thorpe Bay

103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

01702 744063 Local call rate

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