1-6 Apartments, Richmond House Plaza

£1,000,000

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*Being Sold By Modern Method Of Auction*

Investment Summary: Six Modern Apartments in Richmond House Plaza, Southend-On-Sea, Essex.

Investment Consideration:
Gross Yield: 8.65%.
Rental Income: £96,000 p.a.
Built in 2004 with off-street access.
4 off-street car parking spaces.
Total NIA 488 sqm (5250sqft).
Tenants in situ.
Located within 0.1 miles from Southend Train Station.

Property Description
A rare opportunity to acquire six stylish and contemporary apartments in the sought-after Richmond House Plaza, ideally located in the vibrant heart of Southend-on-Sea. These beautifully designed apartments offer modern living with a blend of comfort, convenience, and investment potential, just minutes from the Essex coastline and w...
*Being Sold By Modern Method Of Auction*

Investment Summary: Six Modern Apartments in Richmond House Plaza, Southend-On-Sea, Essex.

Investment Consideration:
Gross Yield: 8.65%.
Rental Income: £96,000 p.a.
Built in 2004 with off-street access.
4 off-street car parking spaces.
Total NIA 488 sqm (5250sqft).
Tenants in situ.
Located within 0.1 miles from Southend Train Station.

Property Description
A rare opportunity to acquire six stylish and contemporary apartments in the sought-after Richmond House Plaza, ideally located in the vibrant heart of Southend-on-Sea. These beautifully designed apartments offer modern living with a blend of comfort, convenience, and investment potential, just minutes from the Essex coastline and with excellent connections to central London.

Accommodation Breakdown:
Apartment 1: 667sqft - 1 bed
Apartment 2: 882sqft - 2 beds
Apartment 3: 1076sqft - 2 beds
Apartment 4: 1216sqft - 2 beds
Apartment 5: 640sqft - 1 bed
Apartment 6: 769sqft - 2 beds

Total internal sqft: 5250sqft

Tenancy:
Current rental income is £96,000 per annum. Ranging from £1100/month - £1500/month.

Location:
73 Victoria Avenue is situated in Southend-On-Sea, Essex, a vibrant coastal town with excellent transport links. The property is within walking distance of Southend Central and Southend Victoria train stations.

Photos, Floorplan and Virtual Tour are Apartment 5.

*Being Sold By Modern Method Of Auction*
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