A vacant detached holiday chalet recently let for £450 pcm

This first class investment opportunity comprises a detached holiday chalet just a few minutes' walk from the sea front and was recently let at a rent of £450pcm (£5,400pa) but is now offered for sale with VACANT POSSESSION. The accommodation offers open plan living space with a fitted kitchen area, 2 bedrooms and a bathroom. The property also offers double glazing and a communal parking area. With a potentially incredubly high gross annual yield based on the Guide Price and from a minimal capital outlay, we believe this to be an unrivalled investment opportunity. Lease details: Head Lease - 125 years from February 2011 Chalet Lease - 125 years from June 2010 Site Rent (per chalet) - £1,696 per annum

Tenure

Leasehold

Viewing

Open days

Services

Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services.

Local Authority

Tendring District Council. Tel: 01255 686868

Solicitors

Attwells Solicitors, Sun Buildings, 35-37 Princes Street, Ipswich, Suffolk IP1 1PU, Ref: Mr S Milbourne, Tel: 01473 229200

Additional Fees

Administration Charge - 0.3% including VAT subject to a minimum of £840.00 including VAT

Disbursements - Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.