Hamlet Court Road, Westcliff-On-Sea, Essex, SS0
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
5
- BATHROOMS
5
- SIZE
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Key features
- Fully tenanted investment property
- Five self-contained one-bedroom flats
- Generating £4,450 per calendar month / £53,400 per annum
- Prominent corner position in central Westcliff-on-Sea
- Close to shops, the seafront, and other local amenities
Description
£635,000 - Leasehold
________________________________________
Key Features:
* Fully tenanted investment property
* Five self-contained one-bedroom flats
* Generating £4,450 per calendar month / £53,400 per annum
* Prominent corner position in central Westcliff-on-Sea
* Just five minutes? walk from Westcliff railway station
* Close to shops, the seafront, and other local amenities
* To be sold with leasehold interest
________________________________________
Property Description:
A fantastic opportunity for investors; this block of five self-contained one-bedroom flats is located in the vibrant heart of Westcliff-on-Sea, on the ever-popular Hamlet Court Road.
Occupying a highly visible corner position, the building is well-presented both inside and out. All flats are fully let, currently producing a combined rental income of £4,450 per calendar month, equating to £53,400 per annum. This offers a gross yield of over 8% based on the asking price.
Each flat features a modern layout, excellent natural light, and comfortable living space. The building has been well maintained and provides an immediate income stream for the discerning investor.
________________________________________
Rental Breakdown (All Tenanted):
* Flat 1: £900 PCM
* Flat 2: £900 PCM
* Flat 3: £900 PCM
* Flat 4: £850 PCM
* Flat 5: £900 PCM
Total: £4,450 PCM / £53,400 per annum
________________________________________
Location Highlights:
Ideally situated just a short walk from Westcliff railway station, the property benefits from excellent links to London and surrounding areas. The location also offers convenient access to local shops, restaurants, cafés, and the seafront, making it an appealing spot for tenants.
Hamlet Court Road has experienced significant regeneration and rising demand, making this a secure and promising long-term investment.
________________________________________
Additional Information:
* Tenure: Leasehold
* EPC Ratings: Available on request
* Council Tax Bands: please check with the local authority
* Viewings: Strictly by appointment only
________________________________________
Enquire now to register your interest in this exceptional investment opportunity.
- COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
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- GARDENA property has access to an outdoor space, which could be private or shared.
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- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent
Hamlet Court Road, Westcliff-On-Sea, Essex, SS0
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About Ocean Residential, Westcliff-on-Sea
116 Hamlet Court Road, Westcliff-on-Sea, Essex, SS0 7LP
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Visit our security centre to find out moreDisclaimer - Property reference HamletCourtRoad211Flat12345. 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 Ocean Residential, Westcliff-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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