Omega Estate Agents have added this One bedroom apartment located in the Royal, a prestigious development of quality apartments situated in one of Clacton's most well known and historic buildings. This one bedroom apartment is situated on the second floor and is subject to a new 125 year lease, of which a draft copy is available to view at request.
One bedroom apartment to this standard would achieve a rental of £500 PCM, therefore based at purchase price of £80,000, this property would return 7.5%.
For further information, click the following link.
http://www.rightmove.co.uk/property-for-sale/property-40650660.html
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