Omega have added this two bedroom apartment, located less than 100 yards from Clacton seafront for £125,000.
The property itself is located to the ground floor and benefits include gas central heating, garage and partial sea views.
The agent states that the property is currently tenanted until the End of April 2016 at £580 PCM, however I would expect a property in this location to achieve £650 PCM, therefore based at £650 PCM rental, this property would return 6.24% yield.
For further information, click the following link:
http://www.rightmove.co.uk/property-for-sale/property-30441060.html
Sheens have added this two bedroom apartment being sold with a share of the freehold in Penfold Road for £92,500.
The property itself is located on the fringes of Clacton town centre and seafront located within 100 yards.
Internally the property offers lounge, kitchen, two bedroom & bathroom with further benefits including gas central heating and two off road parking spaces to the front of the property.
We have recently let similar two bedroom apartments in Penfold Road, which achieved rentals between £560 - £575 PCM, therefore would return 7.2 - 7.4% yield!
For more information, click the following link.
http://www.rightmove.co.uk/property-for-sale/property-58565714.html
