2 Bed Flat, Single Let, Southend-on-Sea, SS1 2YR £160,000

• Leasehold +
• Strictly by appointment with the Auctioneers +

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 30TH JULY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT: A TWO BEDROOM SECOND FLOOR APARTMENT CLOSE TO THE SEAFRONT WITH A TENANT IN OCCUPATION CURRENTLY LET AT £15,600 PA
A leasehold two bedroom modern second floor apartment with lift access situated just off the sea front close to the beach and Southchurch Park. This property has a fitted shower room, open plan fully fitted kitchen/lounge with two good size bedrooms one with balcony, security entry system and secure allocated off street parking.
Entrance Hall
Kitchen/Living Area 16'5 x 13'1
Bedroom One 13'1 x 9'10
Bedroom Two 13'1 x 8'10
Shower Room/WC 6'11 x 6'9
We are advised that the building is undergoing a schedule of works including roof repairs. We understand from the seller that the roof repairs have been completed but at the time of going to print have not seen a completion statement from the Right to Manage company. The majority of the works have the funds available. For full details please refer to the legal pack.
The property is let on an Assured Shorthold Tenancy Agreement at £1300 pcm (£15,600 per annum)
There is a 199 year lease from 1st January, 2014 with 187 years remaining
We are advised that the residents have an agreement with the freehold to have the Right To Manage the building.
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