Flats 1-9 Jackson House, 45 Jackson Road, Clacton on Sea, Essex, CO15 1FG
- PROPERTY TYPE
Apartment
- BEDROOMS
18
- SIZE
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Description
BUY TO LET INVESTMENT: A PORTFOLIO COMPRISING OF NINE RESIDENTIAL APARTMENTS PRODUCING AN ANNUAL GROSS INCOME OF £62,100 PER ANNUM
Located within Clacton town centre are 9 two bedroom flats with individual leases all on one level of this large building. All bar one are let on assured shorthold agreements and achieving a gross income of £5175 per month (£62,100 per annum) which represents a gross yield of 13.8% of the guide price. It is considered that when the vacant flat has been re-let that the income could increase to £71,340 per annum.
Flat 1 2 bedroom flat- 732 sq.ft.
Flat 2- 2 bedroom flat-732 sq.ft.
Flat 32 bedroom flat-496 sq.ft.
Flat 4-2 bedroom flat- 688 sq.ft.
Flat 5- 2 bedroom flat-560 sq.ft
Flat 6 2 bedroom flat- 635 sq.ft.
Flat 72 bedroom flat 549 sq.ft.
Flat 8 2 bedroom flat-463 sq.ft.
Flat 9 42 bedroom flat- 74 sq.ft.
The flats occupy 4th floor of this building in which the floors below are occupied by Travelodge. It is therefore considered that the properties could be converted/used as short stay accommodation subject to obtaining relevant permissions.
Flat 1 2 bedroom flat- £725 per month (£8700 per annum)
Flat 2- 2 bedroom flat- Vacant-previously let for £750 per month (£9000 per annum)
Flat 32 bedroom flat-£600 per month (£7200 per annum)
Flat 4-2 bedroom flat- £725 per month (8700 per annum)
Flat 5- 2 bedroom flat-£675 per month (8100 per annum)
Flat 6 2 bedroom flat- £610 per month (7320 per annum)
Flat 72 bedroom flat- £655 per month (7860 per annum)
Flat 8 2 bedroom flat- £655 per month (7860 per annum)
Flat 9 -42 bedroom flat- £530 per month (6360 per annum)
We are advised that all nine flats have there own leases. For further details relating to the lease's, ground rent's and service charges please refer to the legal pack.
For all planning enquiries please contact Tendring District Council on
Flat 1- C, Flat 2- D, Flat 3- E, Flat 4- D, Flat 5- B, Flat 6- D, Flat 7 E, Flat 8- B, Flat 9- D
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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Flats 1-9 Jackson House, 45 Jackson Road, Clacton on Sea, Essex, CO15 1FG
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Visit our security centre to find out moreDisclaimer - Property reference 280015. 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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