No bars, no signal predictedOne bar, reliable signal unlikelyTwo bars, may experience problems with connectivityThree bars, likely to have good coverage and receive a data rate to support basic web servicesFull bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
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This property is no longer on the market

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4 bedroom flat

Save
Flat
4 bed
0 bath

Key information

Tenure: Ask agent
Council tax: Ask agent
Broadband: Super-fast 80Mbps *
Mobile signal: 
EE O2 Three Vodafone
Water: Ask agent
Heating: Ask agent
Electricity: Ask agent
Sewerage: Ask agent
Discover more information

Property description & features

  • Freehold Investment
  • Shop + Three Flats
  • Yield of £37,800 PA
  • Town Centre Location
  • Good Decorative Order
  • EPC C/E/D/D
* GUIDE PRICE £425,000 - £450,000 * Located in Clacton Town Centre, this Freehold investment opportunity comprising ground floor office and three self contained flats offering a yield of £37,800 PA (when fully occupied).

Description - A Freehold end of terrace building forming part of Arcadian Buildings on Station Road. The ground floor comprises an office of approximately 865 Sq Ft. Side gate gives access to external staircase to communal hall with entrances to two first floor flats and one second floor flat. Externally there is a shared garden to rear.

Schedule Of Accommodation - 52 - Office - 865 Sq Ft - Current rent £1,125 PCM (Soon to be vacant)
52a - second floor flat - two bedroom - current rent £750 PCM
52b - first floor flat - one bedroom - current rent £600 PCM
52c - First floor flat - one bedroom - current rent £675 PCM

The property is sold with vacant ground floor and tenants in situ in all three flats.

Vat - We are advised that the property is not elected for VAT and therefore the purchase price is not subject to VAT.

Viewing - Viewing by appointment only.

Additional Information - Services: Electricity, gas, mains water and drainage
Council Tax: 52a - A 52b - A 52c - A
Business Rates: The ground floor has a Rateable Value of £13,000

Property information from this agent

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    *DISCLAIMER

    Property reference 32929612. 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 Lamb & Co - Clacton.

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

    Broadband availability and predicted speed: obtained from Ofcom on December 17, 2021

    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: obtained from Ofcom on December 22, 2021

    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

    Any supplementary data should not be relied upon as forming part of any property particulars and OnTheMarket cannot be held responsible for any incorrectness in this data. See here for more information.

    *Call rate information

    Calls to 0843 numbers will be charged at 4p/min from BT landlines. Calls from other networks may vary, and calls from mobiles and outside the UK will be higher. Calls to local numbers beginning with 01, 02 and 03 numbers will incur standard geographic charges from landlines and mobiles.