Property Auctions - auction property for sale clacton
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £90,000. A two bedroom first floor flat with balcony with sea views and allocated parking. The flat is located close to the seafront. The property is currently let and the tenants have resided at the property for around 10 years. A new tenancy agreement commenced on 1st February 2025 for a minimum period of 12 months at a rent of £725 per month which represents a yield of just under 10% of the guide price.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £350,000. A freehold building arranged as four retail units, first floor offices, and warehouse to the rear. The property was previously fully let however the current owner had allowed the building to become vacant with a view to redeveloping the building. It is considered that the property has the potential to create a high yielding investment.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £450,000. A head lease within a large building containing 9 two bedroom flats that are all let on assured sorthold agreements and achieving a gross income of £5925 per month (71,100 per annum), which represents a gross yield of 15.8% of the guide price. The flats occupy 4th floor of the building.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £275,000. A detached freehold house backing onto the beach, a section of which is included in this title. There is gated access to the privately owned beach area, perfect for mooring. Its beachfront position, as well as its internal layout and contemporary presentation, makes it ideal for holiday use/letting as well as a family home for owner occupation. The house benefits from a bedroom and four piece bathroom on the ground floor along with a kitchen, separate utility room and living room, and two further bedrooms, both with en suite shower rooms, on the first floor, with an enclosed rear garden.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £225,000. Freehold three storey building on a corner plot containing communal gardens, hallways and store areas plus two 2 bedroom flats and a studio flat that are all let on assured shorthold tenancies producing a monthly income of £1650 per month (£19,800 per annum). A yield close to 9% of the guide price.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £70,000. A freehold two bedroom bungalow that is currently let on an assured shorthold tenancy producing a rent of £600 per month (£7200 per annum) which represents a yield of over 10% of the guide price. The property is close to the beach and benefits from both front and rear gardens.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £50,000. A vacant freehold one bedroom end of terrace bungalow that has recently undergone a programme of modernisation. It is considered that the property would make an excellent home for single owner occupation or a buy to let investment. The property is located close to the sea front.
Auction date: Wed, 26/02/2025 - 12:00
Guide Price £135,000. A freehold building that includes a fast food takeaway, a flat above that is sold on a long lease and a studio flat at the rear that is accessed independently from the shop. The takeaway and the studio flat is fully let to the same tenant for £15,000 per annum. A yield of over 11% of the guide price.
Auction date: Wed, 11/12/2024 - 11:00
Guide Price £28,000 - £35,000. This detached premises, situated in a residential road, is well placed for access to the beach, local shops/amenities. The property was a former workshop building, currently arranged as residential accommodation (as set out below) but done so without planning permission being obtained. Freehold with vacant possession.
Auction date: Wed, 04/12/2024 - 12:00
Guide Price £200,000. A freehold fully residential three bedroom detached which benefits a 14’ balcony with partial sea views. The property is located close to the seafront and it is considered that the property would make an excellent buy to let investment for annual AST letting, as well as Air B & B due its location. The property would also be popular as a primary or second home for owner occupation.