77 Southchurch Avenue, Southend-On-Sea

£525,000

**FOR SALE BY PUBLIC AUCTION ON THURSDAY 19TH NOVEMBER 2026 AT 3.00PM. LIVE STREAMED VIA HAIR & SON WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE**FEES APPLY** Arranged over three floors this Freehold Licensed H.M.O. comprises of 9 x rooms / bedsits. We have been informed that the property is fully let and producing a gross income of £72,900 per annum with potential to increase this further in the future. Southend Seafront, the High Street and two Mainline Railway Stations are within easy reach of the property

ACCOMMODATION:
9 x Individual Rooms / Bedsits

2 x with En-Suites

7 x Shower Rooms

Front Garden

Good Sized Rear Garden

RENT RESERVED:
We are informed that all of the rooms / bedsits are currently let at a rent of £675pcm per unit. Therefore the current gross rental income is £72,900 per annum which, based on the Guide Price, represents a gross yield of 13.8%

AGENTS NOTE:
We understand that the property is currently licensed for a maximum of 9 occupants (and a maximum of 9 households)

TENURE:
Freehold

ENERGY PERFORMANCE RATING:
1-D, 2-C, 3-D, 4-E, 5-C, 6-B, 7-D, 8-E, 9-E

VIEWING:
Strictly by appointment with the Auctioneers

NB:
We have been informed that there is no gas supply to the property

H.M.O. Licence:
The current licence is due to expire on the 30th June 2030