Sold £20,000
- Chalet
- 2 Bedrooms
- Tenure: Leasehold
Call the team on 01473 558 888 for more information
A semi-detached holiday chalet let on a high yielding AST
A semi detached holiday chalet situated just a few minutes’ walk from the sea front and currently let on an Assured Shorthold Tenancy at a rent of £400 per calendar month (£4800 per annum). The property which is held on a 125 year lease from 2010, offers an open plan living room/kitchen, 2 bedrooms, a bathroom and benefits from double glazing and a communal parking area. After taking into consideration the site rent of around £1700 per annum, this property still produces the exceptionally high nett annual yield of over 15% based on the Guide Price and is an investment not to be overlooked.
Tenure
Leasehold
Viewing
Open days
Energy Efficiency Rating (EPC)
Current Rating F
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
Kerseys, 32 Lloyds Avenue, Ipswich IP1 3HD, Ref: Jane Riley, Tel: 01473 213311
Important Notice to Prospective Buyers:
We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others.
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.
Floor Plans
Click the image to view the full-sized floorplan.
