Arcade Mansions, Station Road, Clacton-on-Sea

  • £140,000
Featured For Sale
Clacton-On-Sea
  • Flats
  • Property Type
  • 4
  • Bedrooms
  • 1
  • Bathroom

Arcade Mansions, Station Road, Clacton-on-Sea

Featured For Sale

Arcade Mansions, Station Road, Clacton-on-Sea

Clacton-On-Sea
  • £140,000

Overview

Property ID: HZ10948
  • Flats
  • Property Type
  • 4
  • Bedrooms
  • 1
  • Bathroom

Description

Blake & Thickbroom are pleased to be offering for sale this four bedroom second floor flat, being sold with a tenant in situ, who are currently paying £800/month on a 12 month tenancy renewed in December 2023. The property has a balance of a 125 year lease lease, granted in 2016. In the valuer’s opinion, the property is an ideal Buy to Let investment. producing a yield of 5.25 % after ground rent and service charge deductions.An early inspection is warranted to avoid disappointment.

Agent notes

Material Information for this property.
Tenure is Leasehold. 125 years from 13th January 2016
Council Tax Band B. EPC Rating D.
Services Connected
Electricity – Yes
Gas – Yes
Water- Yes
Sewerage type – Mains
Telephone and Broadband coverage – Yes
Prospective purchasers should be directed to website to Checker.ofcom.org.co.uk to confirm the coverage of mobile phone and broadband for this property.
Additional property charges – Yes
Service charges for period 1st January 2024-31st December 2024 is £2,305.83 and ground rent is £250 PA.
Non standard property features to note – No

  • Address Arcade Mansions, Station Road, Clacton-on-Sea
  • City Clacton-On-Sea
  • Post Code CO15 1SU

Details

Updated on February 26, 2024 at 3:52 am
  • Property ID: HZ10948
  • Price: £140,000
  • Bedrooms: 4
  • Bathroom: 1
  • Property Type: Flats
  • Property Status: For Sale

Details :

  • BEDROOM ONE 16'3 x 14'4
  • BEDROOM TWO 14'5 x 12'6
  • BEDROOM THREE 14'1 x 6'10
  • BEDROOM FOUR / DINING ROOM 10'3 x 7'1
  • KITCHEN 10'2 x 6'3
  • GAS CENTRAL HEATING
  • DOUBLE GLAZING
  • BALANCE OF 125 YEAR LEASE
  • BEING SOLD WITH TENANT IN SITU
  • TOWN CENTRE LOCATION

Additional details

  • Three Bedrooms
  • Bedroom Four / Dining Room
  • Fitted Kitchen
  • Gas Heating
  • Double Glazing
  • Town Centre Location
  • Balance of 125 Year Lease, granted in 2016
  • Being Sold with Tenant in Situ
  • Ideal Buy to Let Investment Purchase
  • Sole Agents

Room details

Updated on February 26, 2024 at 3:52 am

COMMUNAL ENTRANCE

Dimensions:

Communal entrance door leading to communal entrance hall. Stairs leading to all floors. The property is located on the second floor. Entrance door leading to entrance hall.

ENTRANCE HALL

Dimensions:

Radiator. Two storage cupboards, one housing wall mounted combi boiler. Replacement double glazed window to side. Doors to all rooms.

LOUNGE

Dimensions: 14'4 (4.37m) x 12'6 (3.81m)

Radiator. Two replacement double glazed windows to front. Door to master bedroom.

BEDROOM ONE

Dimensions: 16'3 (4.95m) x 14'4 (4.37m)

Radiator. Two replacement double glazed windows to front.

BEDROOM FOUR DINING ROOM

Dimensions: 14'5 (4.39m) x 12'6 (3.81m)

Radiator. Replacement double glazed window to front.

BEDROOM THREE

Dimensions: 14'1 (4.29m) x 6'10 (2.08m)

Radiator. Replacement double glazed window to rear.

BEDROOM TWO

Dimensions: 10'3 (3.12m) x 7'1 (2.16m)

Radiator. Replacement double glazed window to rear.

KITCHEN

Dimensions: 10'2 (3.10m) x 6'3 (1.91m)

Fitted with a range of laminated fronted units comprising of rolled edge laminate work tops with single drainer sink unit with cupboards and storage below, range of eye level cupboards. Single glazed window to side.

BATHROOM

Dimensions:

Fitted with panelled bath with shower attachment, pedestal hand wash basin, low level WC. Radiator. Part tiled walls. Replacement double glazed window to side.

Floor Plans

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