This two bedroom split level apartment has come to market with Blake and Thickbroom, located on Alton Road; just a stones throw from Clacton's Seafront for £105,000.
Located within the small block of Alton Lodge on Alton Road, this apartment is located on the upper floors, offering open plan lounge/kitchen, bathroom and one bedroom to the main level and located on the top section a further double bedroom. The property itself further benefits from off road parking and Gas Central Heating.
Due to the position and close promixity to Clacton's seafront, this apartment also offers partial seaviews!
A property of this size and located would expect to achieve a rental of £575 - £595 PCM, therefore returning 6.8% yield, before any additional charges taken into account.
With demand outstripping the supply of quailty rental properties at present, I wouldn't expect this property to hang around for long on the open market.
For further information, floorplan and images, click the following link to the properties rightmove listing.
http://www.rightmove.co.uk/property-for-sale/property-40753161.html
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