5 bedroom semi-detached house for sale

York Road, Southend-On-Sea

Sold STC £350,000

Property Description

Full description

*** INVESTMENT PROPERTY, APPROX 8% YIELD ***
Scott & Stapleton are delighted to offer for sale this imposing end terrace building which comprises of 4 self contained apartments. The property is situated in a convenient location close to the Town Centre, seafront & stations and is being offered with the freehold.

The ground floor is a large 2 bedroom flat with the rear garden currently let on an AST at £725 pcm. The rear facing first floor flat is a 1 bedroom and currently let on an AST at £495 pcm. The front facing first floor flat is a vacant 1 bedroom flat expected to rent for £500 pcm and the top floor is also a vacant 1 bedroom flat expected to rent for £550 pcm.

Property Consists Of - Communal entrance hall.

Flat A - Large ground floor 2 bedroom apartment with rear garden. Currently let on an AST at £725 pcm, could be increased to £750 pcm. Market value for sale, in the region of £125,000.

Flat B - Rear facing first floor 1 bedroom flat. Currently let on an AST at £495 pcm, could be increased to £550 pcm. Market value, in the region of £90,000.

Flat C - Front facing 1 bedroom flat, currently vacant, expected rental £500 pcm. Market value in the region of £80,000.

Flat D - Top floor 1 bedroom flat, currently vacant, expected rental £550 pcm. Market value in the region of £90,000.

N.B - The properties will be sold with the freehold of the building.
The overall value of the properties is £385,000 plus the freehold. The vendor will accept offers over £350,000, freehold, subject to contract.

The overall expected rental values is £2,400 pcm, £28,800 per annum, 8.2% gross annual yield.


More information from this agent

Listing History

Added on Rightmove:
26 November 2016

Nearest stations

  • Southend Central (0.3 mi)
  • Southend Victoria (0.4 mi)
  • Southend East (0.6 mi)
Distances are straight line measurements from centre of postcode

Nearest schools

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To view this property or request more details, contact:

Scott & Stapleton, Leigh-on-Sea

42 Broadway Leigh on Sea Essex SS9 1AJ

01702 471155 Local call rate

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Nearest stations

  • Southend Central (0.3 mi)
  • Southend Victoria (0.4 mi)
  • Southend East (0.6 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Scott & Stapleton, Leigh-on-Sea

42 Broadway Leigh on Sea Essex SS9 1AJ

01702 471155 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 26655438. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Scott & Stapleton, Leigh-on-Sea. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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