Investment Opportunity for Auction Clacton on Sea CO15

Guide Price: £500,000
Auction Date: 03/12/2025
Property Types
Flats/Maisonettes Residential Investment Property

A purpose built block of flats with communal gardens, storage and parking. This freehold building contains seven residential flats that are all let on assured shorthold tenancies and producing a combined monthly rental income of £4,625 (£55,500 per annum) which represents a yield of just over 11% of the guide price.

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