OF INTEREST TO INVESTORS WILL BE THIS FREEHOLD DETACHED BUNGALOW WHICH IS CURRENTLY LET AT A RENT PAYABLE OF £550 PER MONTH REPRESENTING A YIELD OF 12% IF SOLD AT THE TOP OF THE GUIDE PRICE
A detached two bedroom bungalow of timber construction, situated approximately 100 metres from the seafront.
Lounge - 15'10" x 7'8" (4.58m x 2.14m) Kitchen - 9'4" x 7'4" (2.75m x 2.14m) Bedroom 1 - 8' x 7'5" (2.43m x 2.14m) Bedroom 2 - 8'4" x 7'4" (2.44m x 2.14m) Shower Room - 5'3" x 5'1" (1.53m x 1.52m)
Off street parking to the front and side and a small garden to the rear.
The property is currently let on an Assured Shorthold Tenancy for 12 months from 2nd August 2018. Rent payable £550 per month.
Strictly by appointment with the Auctioneers - Tel: 01206 589280 and at the courtesy of the tenants.
Energy Efficiency Rating (EPC)
Current Rating F
Tendring District Council
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.