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12
Lot 13
14

Flat 3, 37 The Parade, Walton on the Naze, Essex, CO14 8AP

Guide price £100,000 plus*
2 bed tenanted apartment including freehold... spectacular sea views

Property Details

Description

We are delighted to offer this second floor, 2 bedroom apartment, which fronts the promenade and enjoys spectacular unrestricted sea views. The popular Essex coastal town of Walton-on-the-Naze is located just north of Clacton-on-Sea. The apartment is currently let on an AST, which has now reverted to a periodic tenancy. The accommodation comprises; lobby, sitting/dining room, fitted kitchen, bathroom and 2 bedrooms. The apartment also has the benefit of off-road parking, double glazing and gas central heating.

Included is the Freehold title of the entire building, the other two apartments having been previously sold on long leases. (The statutory Right of First Refusal has offered full details within the legal pack.) Perfect for an investor with great potential as a holiday let/Airbnb.

Key Features

  • WALTON ON THE NAZE
  • SEA VIEWS
  • TENANTED INVESTMENT
  • OFF ROAD PARKING
  • GAS C/H
  • DOUBLE GLAZING
  • FLOORPLAN ONLINE
  • VIDEO TOUR ONLINE
Tenure

Freehold

EPC

D

Viewing

Sat 27 Nov 12:00 - 13:00

(10 Minute viewing slots
MUST be pre-booked)

Solicitors

Mr Chris Powell
Powells Solicitors
21 New Pier Street
Walton on the Naze
CO14 8ED

Tenancy

AST from 2019 now periodic

Current Yield.

£650 pcm / £7,800 pa

Download Legal Pack

Location

Flat 3, 37 The Parade, Walton on the Naze, Essex, CO14 8AP

*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 £900 inclusive of VAT. \rOther fees/disbursements may also apply, therefore before making a purchase, please refer to the Legal Pack and Special Conditions.