240, Fairfax Drive, Westcliff-on-Sea, Essex, SS0 9EJ
- PROPERTY TYPE
Block of Apartments
- BEDROOMS
2
- 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
- Freehold
- By appointment with the auctioneers
Description
BUY TO LET INVESTMENT: A FREEHOLD PROPERTY COMPRISING FIVE SELF-CONTAINED FLATS ALL LET AND CURRENTLY PRODUCING A TOTAL RENTAL INCOME OF £44,100 PA
This freehold three storey building situated on a prominent corner position, the property is currently arranged as five self-contained flats, all of which have long leases of 99 years from 2008. Each flat is let on a shorthold tenancy agreement producing a combined income of over £44,000 per annum.
Flat 1 - Ground Floor - Lounge: 14'4 x 12', Kitchen: 16'1 x 4'10, Bedroom One: 14'2 x 8'6, Bedroom Two: 9'9 x 8'11, Bathroom / Wc
Flat 2 - Ground Floor - Open Plan Lounge / Kitchen: 14'1 x 12'4, Bedroom One: 12'4 x 8'10, Bedroom Two: 9'1 x 7'5, Bathroom / Wc
Flat 3 - First Floor - Lounge: 13'9 x 13'6, Kitchen: 15'9 x 6'7, Bedroom One: 13'6 x 8'10, Bedroom Two: 11'8 x 6'11, Bathroom/wc.
Flat 4 - First Floor - Lounge: 16'8 x 12'6, Kitchen: 7' x 5'5, Bedroom: 12'5 x 8'8, Bathroom / Wc
Flat 5 - Second Floor - Lounge: 14' x 9'9, Kitchen: 11'4 x 6'6, Bedroom One: 13'6 x 9'11, Bedroom Two: 13' x 6'4, Shower Room
We are informed that the property is fully let and that the combined rental income is currently £44,100 per annum
All five flats have long leases of 99 years from 1st January 2008
Flats 1 and 5 - D
Flats 2,3 and 4 - C
Brochures
Legal Documents- 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
240, Fairfax Drive, Westcliff-on-Sea, Essex, SS0 9EJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Prittlewell Station0.8 miles
- Westcliff Station0.9 miles
- Southend Victoria Station1.0 miles
About the agent
Dedman Gray Auction, Essex
103 The Broadway, Thorpe Bay, Essex, SS1 3HQ
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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Notes
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Visit our security centre to find out moreDisclaimer - Property reference 253105. 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 Dedman Gray Auction, 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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