Imperial Manor, 34 Clifftown Parade, Southend-on-Sea, Southend-on-Sea, SS1 1DL
- 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
FREEHOLD INVESTMENT OPPORTUNITY - SIX FULLY LET APARTMENTS IN THE SOUGHT AFTER CONSERVATION AREA PRODUCING AN INCOME OF APPROX £67,000 PER ANNUM
Standing in one of the most sought after locations within the conservation area is this impressive freehold opportunity. This superb residential investment with its picturesque settings is within the Southend conservation area offers six apartments with five offering clifftop and panoramic sea views. Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend's International Airport. There are also 7 lockup garages in a block at the rear with additional parking.
Apartment 1 - Ground Floor - 2 Bed - 807 sq.ft
Apartment 2 - Ground Floor - 2 Bed - 861 sq.ft
Apartment 3 - First Floor - 1 Bed - 635 sq.ft.
Apartment 4 - First Floor - 1 Bed - 796 sq.ft.
Apartment 5 - Second Floor- 1 Bed - 527 sq.ft.
Apartment 6 - Second Floor - 1 Bed - 462 sq.ft.
Seven lock up garages with seven parking spaces
It is considered that this freehold property allows the opportunity of a potential rear extension and re-configuration which would provide an uplift in the capital value of this asset and rental income (subject to the necessary planning consent required).
We have been advised that this investment has been in the same family ownership for over 30-years and has never been offered on the market for sale.
Flat 1: £1050 pcm
Flat 2: £855 pcm
Flat 3: £925 pcm
Flat 4: £775 pcm
Flat 5: £895 pcm
Flat 6: £570 pcm
Garage 1: Let at £70 pcm
Garage 2: Let at £70 pcm
Garage 3: Let at £70 pcm
Garage 4: Let at £70 pcm
Garage 5: Let at £70 pcm
Garage 6: Let at £75 pcm
Garage 7: Let at £75 pcm
Total income £5,570 pcm (£66,840 pa)
For all planning enquiries please contact Southend-on-Sea City Council on
Flat 1: - D
Flat 2: - E
Flat 3: - E
Flat 4: - E
Flat 5: - D
Flat 6: - E
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.
- Ask agent
- ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
- Ask agent
Imperial Manor, 34 Clifftown Parade, Southend-on-Sea, Southend-on-Sea, SS1 1DL
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Visit our security centre to find out moreDisclaimer - Property reference 262650. 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 Auctions, 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 Auctions, 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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