House For Sale £210,000
This fantastic semi-detached property comprises of a spacious living room with a fireplace; a fitted kitchen with plenty of storage and worktop space; a conservatory which is currently providing dining and extra living space; 2 generously sized double bedrooms; a single bedroom; and a modern bathroom complete with 3-piece suite. This property also benefits from a driveway big enough to fit 3 cars and an extremely large back garden with a garden shed and picturesque views of the surrounding area.
Spring Road is located in the beautiful seaside village of St Osyth. St Osyth's beach is only a 5 minute drive away from this property, offering seaside amusements, a Sunday market and great views. Clacton-on-Sea is also only a short drive away, with an abundance of shops, bars and restaurants. Clacton-on-Sea also boasts amenities such as a cinema, theatres, bowling, a golf course and Clacton Pier - also offering seaside amusements. For even more places to see and things to do, Colchester is a 35 minute drive away, with plenty of Roman ruins to explore, Colchester Castle, Colchester Zoo and a contemporary art gallery to name a few. Tenants are spoilt for choice when it comes to fun days out!
Reasons to invest:
- More than £660,000 is due to be invested into promoting Essex's coast. This will boost the local economy as more tourists visit the area.
- The investment is set to create 277 jobs, which will increase rental demand.
- House prices in St Osyth have increased by 21.55% in the last 5 years (Zoopla, July 2019)
Financial Breakdown
Gross rent: £9,600
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £9,600
Gross yield: 4.27%
Net yield: 4.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13973
Spring Road is located in the beautiful seaside village of St Osyth. St Osyth's beach is only a 5 minute drive away from this property, offering seaside amusements, a Sunday market and great views. Clacton-on-Sea is also only a short drive away, with an abundance of shops, bars and restaurants. Clacton-on-Sea also boasts amenities such as a cinema, theatres, bowling, a golf course and Clacton Pier - also offering seaside amusements. For even more places to see and things to do, Colchester is a 35 minute drive away, with plenty of Roman ruins to explore, Colchester Castle, Colchester Zoo and a contemporary art gallery to name a few. Tenants are spoilt for choice when it comes to fun days out!
Reasons to invest:
- More than £660,000 is due to be invested into promoting Essex's coast. This will boost the local economy as more tourists visit the area.
- The investment is set to create 277 jobs, which will increase rental demand.
- House prices in St Osyth have increased by 21.55% in the last 5 years (Zoopla, July 2019)
Financial Breakdown
Gross rent: £9,600
Ground rent: £0
Service charge: £0
Lettings fees: £0
Net income: £9,600
Gross yield: 4.27%
Net yield: 4.27%
Important Note To Purchasers
*Service charge, management fee and ground rent are included as part of the assured rental period.
These particulars, whilst believed to be accurate are set out as a general outline only for guidance, and do not constitute any part of an offer or contract. Neither Yieldit nor the vendor or lessor accept any responsibility in respect of these particulars, which are not intended to be statements or representations of fact and any intending purchaser must satisfy himself by inspection or otherwise as to the correctness of each of the statements contained in these particulars.
Yieldit ref: Yl-13973
