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2 bed Flat For Sale £70,000
225B Old Road, Clacton-On-Sea, Essex CO15


Description
For sale by auction on Wednesday, 15 Dec 2021 at 14:00

Venue: Live stream www.AuctionHouse.Online,

A vacant two bedroom ground floor flat with parking and communal rear garden with private entrance

The property is is need of redecoration and repairs to the flat roof at the rear of the property. The location and size make it an ideal buy to let investment which should generate a rental income of about £7,800 per annum.

Accommodation
Entrance Hall
Lounge: 15'4" x 12'3" (4.68m x 3.75m)
Kitchen: 7'0" x 6'3" (2.14m x 1.93m)
Bedroom 1: 12'6" x 8'11" (3.83m x 2.74m)
Bedroom 2: 8'10" x 9'3" (2.71m x 2.84m)
Bathroom: 7'10" x 6'4" (2.39m x 1.95m)

exterior
The property sits on a good size corner plot, the exterior of the property shows signs of render that needs to be replaced. Parking is accessed from St Anns Road on the Northern Flank of the property. Front and rear gardens are laid to lawn.

Location
Clacton-on-Sea is a seaside resort, it is also the largest town in the Tendring peninsula and district in Essex and was founded as an urban district in 1871. Clacton has a healthy tourist market due to its location and proximity with London. The property is located less than half a mile to the North of Clacton Town Centre and about a third of a mile to Clacton Mainline Railway Station with fast services to London.

Viewing
Strictly by appointment with the auctioneer Tel: EPC Rating: D

Additional Fees
Buyers Premium: 1.2% inc VAT of the purchase price, subject to a minimum of £1950 inc VAT, payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.

Price Information
* Guides are provided as an indication of each seller's minimum expectation. They are not necessarily figures which a property will sell for and may change at any time prior to the auction. Each property will be offered subject to a Reserve (a figure below which the Auctioneer cannot sell the property during the auction) which we expect will be set within the Guide Range or no more than 10% above a single figure Guide.

Additional Fees Information
Please be aware there may be additional fees payable on top of the final sale price. This includes and are not limited to administration charges and buyer's premium fees payable on exchange, and disbursements payable on completion. Please ensure you check the property information page for a list of any relevant additional fees as well as reading the legal pack for any disbursements.

Follow the link for more information:
        
zoopla.co.uk

  
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