OF INTEREST TO INVESTORS A THREE BEDROOM SEMI-DETACHED HOUSE IN NEED OF REDECORATION HELD ON A FREEHOLD TITLE LOCATED IN THE HISTORIC TOWN OF BRIGHTLINGSEA

When rented a local Estate Agent has suggested a rental income of £13,800 per annum which would be a yield of 10.2% if purchased at Guide and full rental potential achieved. The property is located close to the Town centre and offers off street parking as well as a private rear garden.

Tenure

Freehold

ACCOMMODATION

Groud Floor Lounge: 12'6" x 11'0" (3.81m x 3.35m) Dining Area: 12'6" x 10'8" (3.81m x 3.25m) Kitchen: 11'2" x 7'1" (3.40m x 2.16m) Bathroom: 8'4" x 5'1" (2.54m x 1.55m) First Floor Bedroom 1: 12'6" x 11'11" (3.81m x 3.63m) Bedroom 2: 11'6" x 8'8" (3.51m x 2.64m) Bedroom 3: 9'7" x 7'6" (2.92m x 2.29m)

EXTERIOR

The front of the property is directly on the street, to the North Face there is off road parking suitable for a family car and access to the rear garden. The large East facing rear garden has hard standing directly outside the back door with a Shed and potted plants, towards the back of the garden the area has been arranged as an allotment.

LOCATION

Brightlingsea is a coastal town and an electoral ward in the Tendring district of Essex. It is situated between Colchester and Clacton-on-Sea, at the mouth of the River Colne, on Brightlingsea Creek. Brightlingsea sits on a promontory surrounded by the River Colne and its associated marshes and creeks (it was an island until the 16th century), and was settled from an early date. In 1995, an Early Neolithic pot, dated 4000 to 3100 BC, was found on a farm near Brightlingsea. The property is located about 90 yards South of the High Street with all it's shops, bars and restaurants, the harbour is less than 1/3 of a Mile to the South of the property.

VIEWING

Strictly by appointment with the Auctioneer

Energy Efficiency Rating (EPC)

Current Rating E

Local Authority

Tendring District Council

Solicitors

David Shine and Kharbanda, 8A South Road, Ref: David Shine and Kharbanda, Tel: 0208 571 6001

Additional Fees

Buyer's Premium - 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

Administration Charge - Purchasers will be required to pay an administration fee of 0.6% inc VAT (Subject to a minimum of £900 inc VAT)

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