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£175,000

Honiton Road, Southend On Sea, SS1

  • 1 bed
Flat

£175,000

  • 1 bed
Flat
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Estimate monthly mortgage payment:

£799 per month

Minimum deposit amount:

£8,750
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** BUY TO LET INVESTMENT OPPORTUNITY ** This well presented one bedroom first floor flat is being offered for sale as a ready made buy to let investment with an existing tenant in occupation paying ?875pcm (circa ?10,500 per annum). Benefitting from off street parking and 186 years remaining lease term, the property is situated in a great location being close to Southend East rail station, the city centre and the seafront and we feel would make a great addition to any buy to let portfolio.

Accommodation Comprising

Front door leading to communal entrance lobby with staircase to first floor landing. Own front door to...

Entrance Hall

Laminate wood flooring, radiator, doors off to...

Lounge

15'2 x 11'9

Double glazed bay window to front, radiator, feature fireplace with inset electric fire, laminate wood flooring, coved ceiling with ceiling rose...

Kitchen

12'6 x 6'8

Range of modern fitted base units with toning roll edged working surfaces over, inset single drainer stainless steel sink unit, gas cooker, space and plumbing for washing machine, space for fridge/ freezer, matching range of wall mounted units, wall mounted gas central heating & hot water boiler, tiled splashbacks, double glazed window to front...

Bedroom

12'6 x 12

Double glazed window to rear, radiator, built in wardrobe cupboard, laminate wood flooring, coved ceiling...

Bathroom/WC

White suite comprising panelled bath with mixer tap and shower attachment, pedestal wash hand basin, low level W.C., radiator, fully tiled walls, obscure double glazed window to rear...

Externally

Off street parking space to rear of property...

Leasehold Information

The lease was originally for a period of 224 years from 24th June 1988 thereby leaving 186 years remaining. The annual Ground Rent is ?100 and the annual Service Charge has been ?1500 recently due to works that were required but we understand that this will be reducing to circa ?900 as of October this year...

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