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9 bedroom block of apartments for sale in Flats 3,10,11 Cherry Trees | 2021 Vehicle for Sale in Cl1

Blue Alpine, London

This listing was posted on Blue Alpine, London (via ListedBuy).

£310,000

9 bedroom block of apartments for sale in Flats 3,10,11 Cherry Trees

Price:
£310,000
Summary:
Used 2021
Location:
Clacton-on-Sea, Essex
Description:

Investment Consideration: Gross Initial Yield: 9.10% Rental Income: £28,200 p. a. VAT is NOT applicable to this property Comprises portfolio of 3 residential flats Total area size of 246 sq m (2,648 sq ft) Town centre location within short walk to Clacton Pier with occupiers nearby including Restaurants, Bars, shop, Hotels and many more. Property Description: The property comprises portfolio of 3 residential flats, providing the following accommodation and dimensions: Ground Floor: Flat 3 - 85 sq m (915 sq ft) 3 Bedrooms, Kitchen, Living Room, Bathroom Second Floor Flat 10 - 80 sq m (861 sq ft) 3 Bedrooms, Kitchen, Living Room, Bathroom Flat 11 - 81 sq m (872 sq ft) 3 Bedrooms, Kitchen, Living Room, Bathroom Tenancy: Flat 3 is at present let on AST to an Individual for a term of 12 months from 19th December 2021 at a current sale of £9,300 p. a. Deposit held of £894. Flat 10 is at present let on AST to an Individual for a term of 12 months from 17th January 2020 at a current sale of £9,600. Deposit held of £800. Flat 11 is at present let on AST to an Individual for a term of 24 months from 12th February 2022 at a current sale of £9,300. Deposit held of £894. Tenure: Flat 3 is held on a 150 year lease from 25th March 2020 at a ground sale of £75 p. a. Service charge £900 p. a. Reversion 2170. Flat 10 is held on a 155 year lease from 12th April 2011 at a ground sale of peppercorn. Service charge £900 p. a. Reversion 2166. Flat 11 is held on a 150 year lease from 25th March 2020 at a ground sale of £75 p. a. Service charge £900 p. a. Reversion 2170. Location: Clacton-on-Sea is the largest town in the Tendring peninsula and district in Esinteraction, eastern England. The town is served by Clacton-on-Sea railway station (90 minutes to London Liverpool Street station). The town. Still available at ListedBuy!
Posted:
April 10 on ListedBuy
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More About this Listing: 9 bedroom block of apartments for sale in Flats 3,10,11 Cherry Trees
9 bedroom block of apartments for sale in Flats 3,10,11 Cherry Trees is a 2021 Vehicle for Sale in Clacton-on-Sea ESS. Find other listings by searching for 2021 Cars and Vehicles in Colchester on Oodle Classifieds.