Two bedroom detached bungalow.

Enjoy rental income from day one with this tenanted two bedroom detached bungalow, situated in the popular Essex town of Canvey Island. The accommodation comprises lounge, kitchen, two bedrooms (one currently used as second public room) and bathroom. The property also offers off street parking and gardens to front and rear. The tenant has been in situ for almost twenty years and is currently paying £1,025 per calendar month which equates to an attractive rental yield of more than 5% at guide price. The long-standing tenant and keenly positioned guide price makes this an ideal addition to a rental portfolio, and early expression of interest is essential.

Tenure

Freehold

Area

Abensburg Road is a quiet residential area, just a short drive from Canvey Island town centre. A variety of retail and leisure options are available locally, with a range of schools also close by. Green spaces in the area include Canvey Heights and King George’s Field. Commuters can easily access the A130 and A13 for connections to Basildon, Southend and beyond. Local bus services are regular, and Benfleet station offers excellent rail links.

Energy Efficiency Rating (EPC)

Current Rating C

Local Authority

Castle Point Borough Council

Additional Fees

Administration Charge - 3.6% inc VAT of the purchase price, subject to a minimum of £3600 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.