1A Palmeira Avenue / 86 Station Road, Westcliff-on-Sea, Essex, SS0 7RQ
- PROPERTY TYPE
End of Terrace
- BEDROOMS
19
- 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
RESIDENTIAL INVESTMENT: A SUBSTANTIAL FREEHOLD BUILDING WITH CAR PARK USED AS A HOUSE OF MULTIPLE OCCUPANCY COMPRISING 9 STUDIOS AND 10 ROOMS
Located on the corner of Palmeira Avenue and Station Road this substantial freehold property comprises of 19 units offering a mixture of accommodation ( 9 x Studios and 10 x Rooms ). When fully let the building should offer a potential income in the region of £170,000 per annum. There is a large car park to the rear of the premises and the site is within close proximity of Southend Seafront and Westcliff on Sea Railway Station.
A mixture of accommodation comprising of:
10 x Rooms
9 x Studio Apartments
2 x Communal Kitchens ( located on the first floor )
3 x Communal Shower Rooms
1 x Separate W/c
1. It is understood that there is the potential to increase the rents on some of the units
2. We have been advised that the tenants pay their own electric bills and that these are individually metered
3. The current H.M.O. licence is valid until the 08th March 2025
We have been informed that, when fully let, the combined rental income could be in the region of £170,000 per annum
We have been advised that all of the tenancies in place are currently under Assured Shorthold Tenancy agreements
Please note that the internal pictures shown are for general guidance purposes only
Flats 4,6,7,8,11,12a,14,18 - C
Flats 1,2,3,9,10,12,15,16,17,19 - D - Flat 5 - B
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.
- Yes
- 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
1A Palmeira Avenue / 86 Station Road, Westcliff-on-Sea, Essex, SS0 7RQ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Westcliff Station0.2 miles
- Southend Central Station0.7 miles
- Southend Victoria Station0.8 miles
About the agent
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
Industry affiliations
Notes
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Visit our security centre to find out moreDisclaimer - Property reference 249570. 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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