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One-bedroom ground floor flat

Canvey Island, SS8 - Get Access

1 bed

Description

Well maintained one-bedroom ground-floor flat offered with vacant possession. Ready for immediate occupation. The property benefits from a communal parking area and is conveniently situated for local shops, bus routes and access to Benfleet railway station. Previously let at £900 pcm (£10,800 per annum), the flat offers a potential gross yield of approximately 9.8% at the guide price, assuming the same rent is achieved. Its condition, long lease and previous rental history make it an attractive proposition for investors seeking a property with no refurbishment required before occupation. The flat also offers an affordable option for those looking to downsize. Ready for immediate occupation and offered with vacant possession. There are 165 years remaining on the lease. Ground Floor: Entrance hall leading to personal front door. Lounge: 11'9" x 10'1". Kitchen 9'2" x 5'3". Bedroom 11'2" x 7'10". Bathroom 12'2" x 5'7". Energy Efficiency Rating (EPC): Current Rating D. Services: Interested parties are requested to make their own enquiries to the relevant authorities as to the availability of services. Local Authority: Castle Point Borough Council. Solicitors: Jefferies Solicitors, Ref: David Parker, Tel: 01702 443479. Important Notice to Prospective Buyers: We draw your attention to the Special Conditions of Sale within the Legal Pack, referring to other charges in addition to the purchase price which may become payable. Such costs may include Search Fees, reimbursement of Sellers costs and Legal Fees, and Transfer Fees amongst others. Additional Fees: Buyer's Premium - £1200 inc VAT payable on exchange of contracts. Administration Charge - £1200 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.
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Estimated market value
£
Range: £ — £
High confidence Floor Area: 398 sq ft (EPC)

The property is a one-bedroom ground-floor flat in a purpose-built block. Valuation was primarily based on the sale price per square foot of similar flats within the same building, cross-referenced with nearby comparable flat sales. The property's condition, size, and lease length were considered in the final valuation.

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