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SOLD STC

West Road, Westcliff-on-Sea, Essex, SS0 9DB

Guide Price
£480,000
Added on 06/05/2021
Dedman Gray Auction, Essex
PROPERTY TYPE
House Share
BEDROOMS
x11

Key features

  • Freehold
  • By appointment with the Auctioneers

Property description

Tenure: Freehold

FOR SALE BY PUBLIC AUCTION WEDNESDAY 26th MAY AT 2PM. LIVE STREAMED VIA BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE.

INVESTMENT OPPORTUNITY: A HMO WITH 10 BEDSITS AND A ONE BEDROOM FLAT, PLUS 4/5 PARKING SPACES, FULLY TENANTED GENERATING AN ANNUAL INCOME OF CIRCA £54,000
A rare opportunity to acquire an established HMO located just off London Road in Westcliff, The property has a self contained one bedroom flat ground floor flat with its own garden area, the main building comprises 10 bedsits and communal shower rooms and toilets over three floors. We understand that the majority of tenants have occupied their rooms for many years, with tenants typically aged 40+. The building offers possible redevelopment subject to gaining the necessary consents.
Ground Floor
Entrance Hall
Bedsits x 4
Bathroom / Shower Rooms x 2
Storage Room
Stairs to:
First Floor Landing
Bedsits x 4
Shower Room & WC x 2
Stairs to:
Second Floor Landing
Bedsits x 3
One Bedroom Ground Floor Flat with its own garden
Parking for 4/5 Cars
Interested parties should make their own enquiries to apply for a HMO licence
F

West Road, Westcliff-on-Sea, Essex, SS0 9DB

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Westcliff Station0.6 miles
  • Southend Victoria Station0.6 miles
  • Prittlewell Station0.8 miles
Mortgages
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Market information
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About the agent

Dedman Gray Auction, Essex

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

Dedman Gray Auction, Essex

Dedman Gray Auction Ltd are based in Thorpe Bay in Southend on Sea, Essex and are firmly established as one of the top 20 UK national auctioneers, holding regular land and property auctions.

Buying or selling land and property at auction is ideal if you wish to remove the uncertainties of the normal selling process. A sale by public auction demonstrates the best possible price has been obtained taking into consideration market conditions and the position and repair of the property. Dedm

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Industry affiliations

Association of Residential Letting AgentsNational Association of Estate AgentsOmbudsman for REsale Estate Agents (no OFT logo)

Stamp Duty calculator

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Disclaimer - Property reference 131861. 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 Dedman Gray Auction, Essex. 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.

Auction Fees: The purchase of this property may include associated fees not listed here, as it is to be sold via auction. To find out more about the fees associated with this property please call Essex on 01702 311010.

*Guide Price: An indication of a seller's minimum expectation at auction and given as a “Guide Price” or a range of “Guide Prices”. This is not necessarily the figure a property will sell for and is subject to change prior to the auction.

Reserve Price: Each auction property will be subject to a “Reserve Price” below which the property cannot be sold at auction. Normally the “Reserve Price” will be set within the range of “Guide Prices” or no more than 10% above a single “Guide Price.”

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