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Lot 8
9

10 & 12 Beaumont Avenue, Clacton-on-Sea, Essex, CO15 3EX

Guide price Sold prior for £185,000*
Tenanted freehold investment... 2 self contained flats

Property Details

Description

This Lot comprises of two self-contained flats situated in the east Essex coastal town of Clacton on Sea. The properties provide easy access to local facilities, shops and bus services.
Number 10 comprises hall, lounge, kitchen, two bedrooms and wet room and benefits from gas central heating and double glazing.
Number 12, which is on the first floor, also benefits from gas central heating and double glazing with landing, large lounge/diner, kitchen, bedroom and bathroom.

The rear garden is divided into two with off-road parking for one vehicle at the front.

Both flats were originally let on AST’s to long-standing tenants which have now reverted to rolling periodic tenancies. The current rent is £550pcm and £500pcm respectively grossing £13,200pa.

Key Features

  • FREEHOLD
  • 2X FLATS
  • TENANTED INVESTMENT
  • GROUND FLOOR 2 BED
  • FIRST FLOOR 1 BED
  • GAS C/H
  • UPVC D/G
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Freehold

EPC

10-12: D

Viewing

Sat 28 Nov 14:30 - 15:30
(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mrs Beth Greig
Holmes & Hills
Bocking End
Braintree
CM7 9AJ

Tenancy

Original ASTs now Periodic Tenancies

Current Yield.

£1,050 pcm / £13,200 pa

Location

10 & 12 Beaumont Avenue, Clacton-on-Sea, Essex, CO15 3EX

*Guide prices are provided as an indication of a vendor’s minimum expectation and the level at which the reserve is set. Properties may not always sell within this guide and this figure may change at any time prior to the auction. The sale price will be dependent upon bidding in the auction room and on the Vendors’ instructions.

Reserve Price Each property will be sold subject to a reserve price, which will be set within, or below, the guide price range or no more than 10% above a single figure guide. This is a confidential figure set between the Vendor and the Auctioneer and is a figure below which the Auctioneer cannot sell the property.

Additional Fees All buyers are liable to pay an Administration Charge of £720 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.