For Sale By Auction | 19:00, 11 December 2018 | Lot 13

24 Hillman Avenue, Jaywick, Clacton-On-Sea, Essex, CO15 2JL

*Guide | £50,000 - £55,000 (plus fees)

  • Detached Bungalow
  • 2 Bedrooms
  • Tenure: Freehold

Call the team on 01702 33 33 99 for more information

Auction Date

Tue 11/12/2018

Auction Time

19:00

Auction Venue

The Ballroom, Park Inn Palace Hotel Church Road, Southend on Sea, Essex, SS1 2AL

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.

Tenure

Freehold

ACCOMMODATION

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)

EXTERIOR

Off street parking to the front and side and a small garden to the rear.

TENANCY

The property is currently let on an Assured Shorthold Tenancy for 12 months from 2nd August 2018. Rent payable £550 per month.

VIEWING

Strictly by appointment with the Auctioneers - Tel: 01206 589280 and at the courtesy of the tenants.

Energy Efficiency Rating (EPC)

Current Rating F

Local Authority

Tendring District Council

Additional Fees

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.