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£575,000

Knox Road, Clacton-on-sea, CO15

  • 9 beds
Detached house

£575,000

  • 9 beds
Detached house
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Estimate monthly mortgage payment:

£2,625 per month

Minimum deposit amount:

£28,750
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** TURNKEY INVESTMENT ** A Freehold purpose built apartment block comprising; 4x two bedroom flats and 1x studio flat. The block is currently fully let and producing an annual income of ?42,200. The property was constructed by the current owner in 2008 and is offered in good decorative order throughout with minimal maintenance required.

DESCRIPTION

A well maintained unbroken Freehold block built by the current owner in 2008 benefiting from a shared garden to rear. All the flats are currently let without arrears and all required certificates are up to date.

FLAT 1

Two bedroom ground floor flat with garden access.

FLAT 2

Two bedroom ground floor flat with garden access.

FLAT 3

Two bedroom first floor flat.

FLAT 4

Two bedroom first floor flat.

FLAT 5

Second floor studio flat.

Agents Note Sales

PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

AML

ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.

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Your estimated purchase costs

Find out how much it will cost to purchase this property.

Stamp Duty tax
These figures are estimates and are provided for guidance only
£7,500
Mortgage and legal costs:
£999
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Property details

£575,000

9 bed house for sale

Knox Road, Clacton-on-sea, CO15

** TURNKEY INVESTMENT ** A Freehold purpose built apartment block comprising; 4x two bedroom flats and 1x studio flat. The block is currently fully let and producing an annual income of ?42,200. The property was constructed by the current owner in 2008 and is offered in good decorative order throughout with minimal maintenance required.

DESCRIPTION

A well maintained unbroken Freehold block built by the current owner in 2008 benefiting from a shared garden to rear. All the flats are currently let without arrears and all required certificates are up to date.

FLAT 1

Two bedroom ground floor flat with garden access.

FLAT 2

Two bedroom ground floor flat with garden access.

FLAT 3

Two bedroom first floor flat.

FLAT 4

Two bedroom first floor flat.

FLAT 5

Second floor studio flat.

Agents Note Sales

PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.

AML

ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a property.