£950,000
Detached house for sale26 Clifftown Parade, Southend On Sea SS1
Freehold
About this property
Superb investment opportunity
Sought after conservation area
5 garages in a block to the rear
All apartments are tenanted
G/F Studio with potential to extend (STP)
Excellent garage and parking facilities
Large balconies to upper floor apartments
Idyllic seafront location
Standing in one of the most sought after locations within the conservation area is this impressive property being offered on to the open market as a freehold investment opportunity.
This superb residential investment with its picturesque settings is within the Southend conservation area offers four apartments offering clifftop and panoramic sea views.
Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend's International Airport.
Apartment 1 - G/Floor - 2 Bed - 871 Sq.Ft.
Lounge 16'1 x 13'1
Dining Room 17'7 x 11'9
Kitchen 11'8 x 11'7
Bedroom 1 13'11 x 12'4
Bedroom 2 9'8 x 6'2
871 sq.ft
Apartment 2 - F/Floor - 1 Bed - 721 Sq.Ft.
Lounge 16'6 x 14'3
Kitchen 12'8 x 8'
Dining Room 12' x 6'11
Bathroom
721 sq.ft
Apartment 3 - Top Flr - 2 Bed - 828 Sq.Ft.
Lounge 21'2 x 13'2
Kitchen 12'1 x 12'
Bedroom 14'10 x 13'2
Bathroom
828 sq.ft.
Apartment 4 - G/Flr - Studio - 269 Sq.Ft.
Lounge/Bedroom 15'7 x 9'8
Kitchen 7'7 x 5'3
Bathroom
269 sq.ft.
Income
Three of the apartments are let with the ground floor studio currently vacant and being offered on the market to rent. The combined potential income for the apartments, when all let, including the garages, is approximately £40,000 plus a further £4,250 for the five garages.
Summary
Summary
This freehold property allows the opportunity of a potential rear extension and re-configuration which would provide an uplift in the capital value of this asset and rental income (subject to the necessary planning consent required).
Communal Garden
Fabulous communal gardens.
Parking - Garage
The plot includes extensive front and rear gardens with private driveway leading to a terrace of 5 lock-up garages, which are all individually let on annual licences.
This superb residential investment with its picturesque settings is within the Southend conservation area offers four apartments offering clifftop and panoramic sea views.
Each of the apartments vary between 1 or 2 bedrooms, with long terms tenants. Located close to Southend High Street with its array of shops, restaurants, bars and Southend Central mainline railway station are all within access as well as Southend's International Airport.
Apartment 1 - G/Floor - 2 Bed - 871 Sq.Ft.
Lounge 16'1 x 13'1
Dining Room 17'7 x 11'9
Kitchen 11'8 x 11'7
Bedroom 1 13'11 x 12'4
Bedroom 2 9'8 x 6'2
871 sq.ft
Apartment 2 - F/Floor - 1 Bed - 721 Sq.Ft.
Lounge 16'6 x 14'3
Kitchen 12'8 x 8'
Dining Room 12' x 6'11
Bathroom
721 sq.ft
Apartment 3 - Top Flr - 2 Bed - 828 Sq.Ft.
Lounge 21'2 x 13'2
Kitchen 12'1 x 12'
Bedroom 14'10 x 13'2
Bathroom
828 sq.ft.
Apartment 4 - G/Flr - Studio - 269 Sq.Ft.
Lounge/Bedroom 15'7 x 9'8
Kitchen 7'7 x 5'3
Bathroom
269 sq.ft.
Income
Three of the apartments are let with the ground floor studio currently vacant and being offered on the market to rent. The combined potential income for the apartments, when all let, including the garages, is approximately £40,000 plus a further £4,250 for the five garages.
Summary
Summary
This freehold property allows the opportunity of a potential rear extension and re-configuration which would provide an uplift in the capital value of this asset and rental income (subject to the necessary planning consent required).
Communal Garden
Fabulous communal gardens.
Parking - Garage
The plot includes extensive front and rear gardens with private driveway leading to a terrace of 5 lock-up garages, which are all individually let on annual licences.
More information
Tenure
Freehold
Council tax band
Council tax band not yet known
Ground rent
£0
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