51/51A Hainault Avenue, Westcliff-on-Sea

£290,000 Auction guide price

This Freehold building is currently arranged as two self-contained two bedroom flats. They are currently let (with the tenants to remain in situ) and at present produce a combined rental income of £23,340 per annum. The property is located within easy access of local shops and transport links and approximately 0.7 miles from Southend University Hospital.

ACCOMMODATION Ground Floor:
Entrance Hall
Lounge: 13' into bay x 11'5
Kitchen: 9'9 x 6'1
Bedroom One: 14'5 into bay x 11'
Bedroom Two: 12'3 x 11'
Bathroom/w.c.
Externally:
Whole of the rear garden

First Floor:
Landing
Lounge: 14'4 into bay x 11'1 max
Kitchen: 12'7 x 9'9 < 11'
Bedroom One: 12'3 x 9'8
Bedroom Two: 8'6 x 5'6 not inc door recess
Bathroom/w.c.

TENURE Freehold

ENERGY PERFORMANCE RATING 51 - C
51A - C

RENT RESERVED We have been advised that the first floor flat is currently let at a rental rate of £850pcm (£10,200pa) and that the ground floor flat is currently let at a rental rate of £1,095pcm (£13,140pa).

TENANCY We are informed that both flats are currently let on Assured Shorthold Tenancy agreements.

AGENTS NOTE: Please note that there are existing leases in place for both flats:
51 - 125 years from the 5th October 2018
51A - 125 years from the 5th October 2018

VIEWING Strictly by appointment with the Auctioneers.