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Block of Flats for Auction Essex SS0 £235,000+
Auction Date
14 May 2024
Guide Price
£235,000
Property Summary
Block of 6 x one bed studio flats in need of full renovation. The property has suffered some damage from previous occupants but is now secure and fully vacant. There is potential to repair the property and restore the 6 units which could generate an income of about £41,000 p.a. representing a yield of 17% if purchased at guide, or convert into two or three flats subject to obtaining all necessary consents.
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