Tallon Road, Hutton, CM13
- PROPERTY TYPE
Apartment
- BEDROOMS
24
- BATHROOMS
24
- SIZE
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- TENUREDescribes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.
Freehold
Key features
- Rare opportunity to acquire an entire residential block of 12 two-bedroom apartments for £3,000,000
- Converted in 2019 and occupying a plot of approximately 0.35 acres
- All 12 apartments currently let, generating £231,000 annual rental income
- Attractive gross rental yield of 7.7% at the asking price
- Detached three-storey building comprising four apartments per floor
- Each apartment benefits from two bedrooms, an en-suite shower room and a separate main bathroom
- Two allocated parking spaces per apartment, providing 24 spaces in total
- Bright, spacious accommodation with approximately 9’ high ceilings and open-plan living areas
- Video entry system and modern communal areas
- Conveniently located for Shenfield’s amenities, mainline station and Elizabeth line connections
Description
All twelve apartments are currently let, producing a combined annual rental income of £231,000, representing a gross yield of 7.7% at the asking price.
Occupying a plot of approximately 0.35 acres, the detached three storey building comprises four apartments on each floor, with a variety of individual layouts. Each apartment benefits from two bedrooms, an en-suite in addition to a main bathroom, and two allocated parking spaces, providing a total of 24 spaces across the development.
The apartments offer bright, well-proportioned accommodation, with high ceilings of approximately 9’ creating an excellent sense of space. Open plan kitchen/living/dining areas provide practical and sociable layouts, complemented by modern fitted kitchens and bathrooms.
A particular highlight is the outside space available across the development, ranging from enclosed private gardens to balconies, with selected apartments enjoying a beautiful outlook over Hutton Country Park. These individual features give the apartments their own appeal and broaden their attraction to prospective tenants.
The building benefits from a video entry system and modern communal hallways, with the allocated parking conveniently positioned outside. All twelve apartments have an EPC rating of C.
Situated in Hutton, the development is well placed for access to Shenfield’s shops, restaurants and mainline station, offering services to London Liverpool Street alongside Elizabeth line connections.
With all twelve apartments currently let, this is an excellent opportunity to acquire an established residential investment in a sought-after Essex location. Please contact our Shenfield team for further information, the tenancy schedule and viewing arrangements.
Brochures
Particulars- 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.
- Band: C
- PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
- Allocated
- GARDENA property has access to an outdoor space, which could be private or shared.
- Yes
- 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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