Saturday, June 20, 2015

10% return on Station Road Clacton!!!


This two bedroom second floor apartment has just been listed with Dedman Gray Auctions located on Station Road, Clacton-on-Sea.

The property is in need of some light refurbishment, but is located in a prime position for Clacton town centre and across the road from the railway station.

Two bedroom apartments located within close proximity achieve a monthly rental in the region of £500 - £525 PCM, therefore should this property be purchased at the Guide Price of £60,000, you could expect to achieve a return of 10%!!! (Ground rent & service charges would need to be taken into consideration)

This property is being offered for sale by public auction, which is taking place on Wednesday 15th July at The Holiday Inn Hotel, London Southend Airport, from 2pm. 

For further information, please click the link below.


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