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Modern 1 bed Bungalow property

Available

For Sale

Listed Jul 16, 2025

Save Clacton-on-sea area

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£40,000

Available

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Description

"FOR SALE BY PUBLIC AUCTION ON THURSDAY, 12TH JUNE 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT A VACANT FREEHOLD BUNGALOW PREVIOUSLY LET FOR £8400 PER ANNUM WHICH REPRESENTS A YIELD OF 14% OF THE GUIDE PRICE.
A vacant freehold one bedroom end of terrace bungalow that has recently undergone a programme of modernisation. It is considered that the property would make an excellent home for single owner occupation or a buy to let investment. The property is located within Point Clear Bay close to the seafront and various leisure and entertainment facilities.
Living Room 9 4 x 9 0
Kitchen 6 2 x 4 7
Bedroom One 9 3 X 7 2
Inner Hallway
Storage cupboard
Shower Room WC
It is considered that the property could be re let as single AST let or as an Air B & B due to is close proximity the seafront and neighbouring holiday park and leisure facilities.
We are advised by the seller that the property was previously let for £700 per month 8400 per annum which represents a yield of 14% of the guide price.
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