Block of apartments for sale

Oxford Road, Clacton-on-Sea

01255 770964

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Block of apartments

0 bed

0 bath

Key information

Tenure: Freehold

Council tax: Ask agent

Water: Ask agent

Heating: Gas

Electricity: Ask agent

Sewerage: Ask agent

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Property description & features

Tenure: Freehold
PORTFOLIO INVESTMENT
TWENTY EIGHT APARTMENTS
APPROXIMATE YIELD OF 6.5% GROSS
SECURE PARKING
INTERCOM SYSTEM
FITTED KITCHENS WITH BUILT IN APPLIANCES
GAS UNDERFLOOR HEATING
CLOSE TO TOWN CENTRE AND MAINLINE STATION
FULL ACCOUNTS AVAILABLE
SOLE AGENTS

Blake & Thickbroom are delighted to offer for sale these two purpose built blocks of apartments consisting of twenty seven two bedroom apartments and one ( one bedroom penthouse) with secure allocated parking for all apartments on the outskirts of Clacton's town centre and within walking distance of mainline railway station. The two apartment buildings form part of an established portfolio and are currently completely let out producing an annual income of approximately £294,960 (a yield of 7.56% gross on current asking price). A schedule of tenancy agreements and monthly rents are available upon request and the buildings will be sold as unbroken freehold.

Agent Notes:
Tenure is Freehold.

AN ENERGY PERFORMANCE CERTIFICATE WILL BE AVAILABLE TO VIEW ON LINE AT AND THEN REFER TO PROPERTY ADDRESS.

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Blake & Thickbroom - Clacton-on-Sea

70 Station Road Clacton-on-Sea, Essex CO15 1SP

01255 770964

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What is your home worth?

Tracey Blake, Steve Thickbroom, John Gallant, Mark Richardson, The four partners of this company have over 100 years combined experience in selling property. Prominent office locations in both Clacton on Sea and Holland on Sea, we aim to provide a high level of service in all areas with our staff being mature professional, competent and fully trained. We can offer you short notice free valuations with realistic and competitive commission rates. Full local and London advertising within Ilford, Romford, Barking and Dagenham areas, accompanied viewings, feedback on viewings, digitally produced full color property brochures with internal and external photographs and floorplans. Comprehensive internet marketing of your property through major property websites, and we offer our own in house independent financial advisor for any free mortgage advice required. All of our valuation staff are mature and experienced with extensive local knowledge. Register your details on our valuations page for a free, no obligation market appraisal.

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*DISCLAIMER

Property reference 10786. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Blake & Thickbroom - Clacton-on-Sea.

OnTheMarket may have applied supplementary data to this property listing, including:

Broadband availability and predicted speed

Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:

Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s

The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2

Mobile phone signal availability and predicted strength

Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:

Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services

Energy Performance data and Internal floor area

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*Call rate information

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