Coniston, Eastwood, Southend-on-Sea

£100,000 Guide Price
  • Ref: 16304
  • Type: Flat
  • Availability: Sold STC
  • Bedrooms: 1
  • Bathrooms: 1
  • Reception Rooms: 1
  • Tenure: Freehold

Property Features

  • 961 YEARS REMAINING ON LEASE
  • SHARE OF FREEHOLD
  • NO GROUND RENT TO PAY
  • GOOD SIZED SEPARATE KITCHEN
  • COMMUNAL GARDEN
  • RESIDENTS PARKING
  • CLOSE TO A127 & AIRPORT
  • COUNCIL TAX BAND A
  • OWN LOFT
  • AWAITING NEW EPC
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Property Summary

Guide Price £100,000 - £110,000 This light/ airy second floor studio flat is situated on the EASTWOOD border of Southend within close proximity of Cherry Orchard Country Park, Morrison's supermarket and A127. Being sold with a 'SHARE OF FREEHOLD' and a long lease which has 961 years remaining. The current service charge is less than £60 pcm and the property has an approximate rental return of £525 - £550pcm making this an ideal investment for a BUY TO LET investor looking to add to their portfolio, or a first time buyer. The property benefits from recently fitted UPVC double glazed windows (installed March 2019) own part-boarded loft, communal garden and residents parking. Southend Airport is close-by offering train links into London Liverpool Street. UPWARD CHAIN COMPLETE.

Full Details

This light/ airy second floor studio flat is situated on the EASTWOOD border of Southend within close proximity of Cherry Orchard Country Park, Morrison's supermarket and A127. Being sold with a 'SHARE OF FREEHOLD' and a long lease which has 961 years remaining. The current service charge is less than £60 pcm and the property has an approximate rental return of £525 - £550pcm making this an ideal investment for a BUY TO LET investor looking to add to their portfolio, or a first time buyer. The property benefits from recently fitted UPVC double glazed windows (installed March 2019) own part-boarded loft, communal garden and residents parking. Southend Airport is close-by offering train links into London Liverpool Street. UPWARD CHAIN COMPLETE.

LOUNGE/ BEDROOM 13' 9" x 9' 10" (4.198m x 3.008m) Entrance via wooden door. Two recently fitted UPVC double glazed windows to rear aspect. Smooth plastered ceiling with LED inset spotlights. Recently fitted wood effect laminate flooring. Smooth painted walls. Wall-mounted TV to remain. Power points, TV aerial point, telephone point. Wooden sliding door to dressing room.

KITCHEN 8' 8" x 6' 9" (2.655m x 2.062m) Recently fitted UPVC double glazed window to rear aspect. Smooth plastered ceiling with inset LED spotlights. Recently fitted eye and base level units with roll-edge work surfaces over. Inset Stainless Steel 1.5 bowl sink unit with mixer tap. Partly tiled walls. Electric oven with Hotpoint extractor hood over. Space and plumbing for full sized appliances. (Dishwasher, Washer/Dryer & Fridge/Freezer) Electric oven & hob to remain. Partly tiled walls. Full sized cupboard housing hot water immersion tank and bin storage area below.

DRESSING ROOM 6' 8" x 4' 4" (2.047m x 1.344m) Smooth plastered ceiling with LED inset spotlights. Fitted shelving unit to one wall. Space for further storage to opposite wall. Power point. Recently fitted wood effect laminate flooring. Access to loft via loft hatch. Loft is partly boarded.

SHOWER ROOM 6' 8" x 4' 2" (2.047m x 1.271m) Recently fitted UPVC double glazed window to side aspect. Textured ceiling with LED inset spotlights. Large shower tray with electric shower over. White pedestal wash hand basin with chrome mixer tap. White low-level WC. Tiled floor.

COMMUNAL CAR PARK There is ample parking for the flats. The spaces are not allocated but may only be used by the residents of the flats.

COMMUNAL GARDEN Mainly laid to lawn with mature trees and shrubs to borders.

Agents Note:
Lease 999 years from 1981 = 961 years remaining.
Service Charge of approx. £720.00 per annum which includes Building Insurance.
No Ground Rent to pay.
Approx. 5.7-6% yield is achievable based on current asking price.

In accordance with the Estate Agency Act 1979, Section 21, we confirm that this property is owned by an employee of Hair and Son.