Apartments 1-6 South Avenue, Southend-On-Sea

*Being Sold By Modern Method Of Auction*

Investment Summary: Freehold of 7 South Avenue, Southend-On-Sea, Essex (including 6 Apartments)

Investment Consideration:
Gross Yield: 7.5%
Rental Income: £75,000 p.a.
Comprises 1 x Detached Residential Block on a plot of 0.14 acres
Newly built in 2020 with new modern facilities including private/communal areas and intercom entry phone systems.
6 off-street car parking spaces
Total NIA 302 sqm (3252sqft)
Tenants in situ.
Located within 0.5 miles from Southend Train Station

Property Description
The property consists of a modern residential block containing 6 self-contained flats, all purpose-built in 2020. Each flat benefits from contemporary design, and access to secure off-stree...

*Being Sold By Modern Method Of Auction*

Investment Summary: Freehold of 7 South Avenue, Southend-On-Sea, Essex (including 6 Apartments)

Investment Consideration:
Gross Yield: 7.5%
Rental Income: £75,000 p.a.
Comprises 1 x Detached Residential Block on a plot of 0.14 acres
Newly built in 2020 with new modern facilities including private/communal areas and intercom entry phone systems.
6 off-street car parking spaces
Total NIA 302 sqm (3252sqft)
Tenants in situ.
Located within 0.5 miles from Southend Train Station

Property Description
The property consists of a modern residential block containing 6 self-contained flats, all purpose-built in 2020. Each flat benefits from contemporary design, and access to secure off-street parking. The building is equipped with intercom entry systems and offers both private and shared amenity areas for residents.

Accommodation Breakdown:
Apartment 1: 603sqft - 2 beds
Apartment 2: 508sqft - 2 beds
Apartment 3: 599sqft - 2 beds
Apartment 4: 586sqft - 3 beds
Apartment 5: 497sqft - 1 bed
Apartment 6: 459sqft - 1 bed

Total internal sqft: 3252sqft

Tenancy:
Current rental income is £75,000 per annum. Ranging from £850/month - £1250/month.

Location:
7 South Avenue is situated in Southend-On-Sea, Essex, a vibrant coastal town with excellent transport links. The property is within walking distance (approx. 0.5 miles) of Southend Central and Southend Victoria train stations, off

Photos, Floorplan and Virtual Tour are Apartment 3.

*Being Sold By Modern Method Of Auction*