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Withdrawn | Lot 12

84 Broadway, 310 Meadow Way & 31 Gorse Way, Jaywick, Essex, CO15 2HW

Withdrawn

  • Bungalow
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01206 589 280 for more information

Auction Date

Tue 25/02/2020

Auction Time

19:00

Auction Venue

Crondon Park Golf & Country Club Stock Road, Stock, Ingatestone, CM4 9DP

OF INTEREST TO INVESTORS A PORTFOLIO OF 3 FREEHOLD RESIDENTIAL PROPERTIES CURRENTLY LET GENERATING £16,536.00 p.a.

A portfolio of 3 freehold bungalows currently let on assured shorthold tenancy agreements with a rental income of £106 per week each. If bought at guide this represents a yield of 12%p.a.

Tenure

Freehold

84 Broadway, Jaywick, Essex. CO15 2HW

A timber framed detached bungalow with additional insulation offering a total floor area of approximately 32Sq M. Fully double glazed with a current EPC Rating of E (43) offering a potential to increase to a 'B' (92) rating.

310 Meadow Way, Jaywick, Essex. CO15 2HP

A timber framed detached bungalow with additional insulation offering a total floor area of approximately 27Sq M. Fully double glazed with a current EPC Rating of D (60) offering a potential to increase to a 'B' (93) rating.

31 Gorse Way, Jaywick, Essex. CO15 2HU

A timber framed detached bungalow with additional insulation offering a total floor area of approximately 27Sq M. Featuring double glazing and LPG Bottled gas fired central heating

NOTE

At time of going to print no member of the Auction House Team had inspected the properties and we relied upon information provided by the vendor and/or their agents

VIEWING

Strictly by appointment with the auctioneer Tel: 01255 449 823

Energy Efficiency Rating (EPC)

Current Rating 84 Broadway - E,310 Meadow Way - D, 31 Gorse Way - E

Local Authority

Tendring District Council

Additional Fees

Buyer's Premium - £3600 inc VAT payable on exchange of contracts.

Administration Charge - 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

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