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About the property

******* 16 APARTMENTS FOR SALE ***** We are the rental & managing agents for this development for more information please call ****
Cowling & Payne are delighted to bring to the market, this fantastic FREEHOLD investment opportunity of 2 apartment blocks consisting of 1 & 2-bed apartments. The property itself consists of 16 self-contained apartments, situated across 2 residential blocks.

The property itself comprises of :

Block 1 - TOTAL APARTMENTS 11
Ground Floor
2 x 2-bed ground floor apartments with ensuite and private courtyard garden
1 x 1-bed ground floor apartments and private courtyard garden
First Floor
2 x first-floor apartments with ensuite & balcony
1 x first-floor apartments with Juliet balcony
Second Floor
2 x second-floor apartments with ensuite & balcony
1 x second-floor apartments with Juliet balcony
Top Floor
2 x 2-bedroom loft apartments

Block 2 - TOTAL 5 APARTMENTS
Ground Floor
2 x 2-bed ground floor apartments with ensuite, private patio area & access to communal garden
First Floor
2 x first-floor apartments with ensuite & balcony
Top Floor
1 x large 2-bedroom loft apartments

External
Communal garden areas
21 Parking spaces

Investment Consideration:
All properties are currently rented out with AST agreements in place.
Gross Initial Yield: 4.1%
Rental Income: £12,440 PCM / £149,280 PA ( Potential to increase rental yield )

Location
Location wise the property is situated nearby to the "Tarpots" area, where you will be able to locate Aldi supermarket and various restaurants such as the popular Harvester Grill. In addition, convenient bus routes will take you to Basildon and Southend. For any commuters looking to head into London, then the number 21 bus will take you to Benfleet Railway Station, where you can get the c2c line straight into London Fenchurch Street. Read more

Property at a glance

  • 13 X 2 BEDROOM APARTMENTS S
  • 3 X 1 BEDROOM APARTMENTS
  • 21 PARKING SPACES
  • COMMUNAL GARDENS
  • INVESTMENT OPPORTUNITY
  • FREEHOLD

Contact agent

Contact agent

Cowling & Payne

2-6 Runwell Road

Wickford

Essex

SS11 7AB

United Kingdom

Tel: 01268 730 707

[email protected]

Property Photos