Property Auctions - sell flat clacton on sea

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 £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 £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, 12/06/2024 - 11:00

Guide Price £115,000 - £135,000. Freehold two bedroom maisonette with garage and garden. Situated walking distance from the seafront, close to local amenities, transport links and supermarkets.

Auction date: Wed, 05/06/2024 - 12:00

Guide Price £350,000. A detached freehold building containing 3 residential flats, fully let and producing an annual income of £28,800.

Auction date: Wed, 05/06/2024 - 12:00

Guide Price £180,000. A freehold building over two levels containing 2 x two bedroom residential maisonettes with their own individual leases. Both currently let on assured shorthold tenancies producing a monthly income of £15,600 per annum.

Auction date: Wed, 05/06/2024 - 12:00

Guide Price £250,000. A freehold building over 3 floors comprising of three residential flats, fully let and producing an annual income of £19,800.

Auction date: Wed, 28/02/2024 - 12:00

The two buildings are located close to the seafront, and together consist of a total of eight self contained units being five one bedroom and three studio flats. Seven of the flats are let on assured shorthold tenancy agreements.

Auction date: Wed, 06/12/2023 - 14:15

This tenanted investment opportunity presents a refurbished, ground-floor one-bedroom apartment. The property, ideally situated close to the town centre, features a charming courtyard-style garden, offering a private outdoor space. The apartment, already tenanted at £775 pcm, represents a very high-yielding return, making it an attractive option for investors seeking immediate income. 

Auction date: Wed, 11/10/2023 - 12:00

A two bedroom top floor flat close to town centre and seafront. Currently let and producing a monthly income of £475 per month. The property does require some repair and modernisation.