£645,000
Wellesley Road, Clacton on Sea
SSTC
    9 bedroom apartment for sale
     

    Features

    • Investment Property
    • Communal Gardens
    • Off Street Parking
    • 7 Self Contained Flats
    • Potential To Create Two Further Flats
    • Convenient For Town Center
    Athena Estates are deligghted to offer for sale this this character building close to town center and sea front consisting of seven self contained apartments with a current rental income of approximately £43,000 pa. Benefiting from ample off road parking and lawned communal gardens an early viewing is strongly recommended for those looking to add to their property portfolio.

    Entrance Hallway
    Double glazed entrance door to front elevation leading to communal hallway with stair flight to first floor, secure entry phone system, doors leading to the apartments.

    Bedroom 1
    Living Room 24' x 13'
    Bedroom 12' x 11'
    Kitchen12' 1" x 9' 4"
    Bathroom
    Conservatory
    This apartment has recently been refurbished and the tenants have been in residence for over 10 years.

    Bedroom 2
    Lounge 13' 1" x 12' 9"
    Kitchen 13' x 13'
    Bedroom 10' 7" x 9' 7"
    Bathroom - newly installed bathroom suite.
    The current tenants have been living in this apartment for 10 years.

    Bedroom 3
    Lounge 13' x 10' 5"
    Kitchen 13' x 8'
    Bedroom 13' x 7' 8"
    Bathroom

    Bedroom 4
    Lounge 13' x 10' 8"
    Kitchen 13' 10' 6"
    Bedroom 11' 7" x 9' 6"
    Bathroom - newly installed bathroom suite
    The tenants in this apartment have been in residence for over 5 years.

    Bedroom 5
    Lounge 16' x 13'
    Kitchen 11' 6" x 7'
    Bedroom 13' x 12'
    Bathroom

    Bedroom 6
    Lounge 17' x 13'
    Kitchen 11' 6" x 8' 2"
    Bedroom One 13' x 12'
    Bedroom Two 7' x 6'
    Bathroom

    Bedroom 7
    Lounge 13' x 10' 7"
    Kitchen 13' x 9' 7"
    Bedroom One 10' 7" x 9' 7"
    Bedroom Two 10' 7" x 9' 7"
    Bathroom - new bathroom suite fitted
    En-Suite Shower Room

    Outside
    The property benefits from ample off road parking and communal lawned gardens.

    Please note
    To increase the potential income for the building, there is the possibility to divide both flat nos. 1 and 7 into two separate, one bedroomed flats whilst still retaining their own facilities. Further details are available from the agents and the necessary building regulations and consents would be required.

    It is worth noting that several tenants are long standing with some of them having lived in the building for over ten years so the associated costs of frequent tenant changes are presently being kept to a minimum. As there several long term tenants, there is also the possibility of rent reviews to increase the potential income. There are audited accounts available on request.

    Entrance hall
    Double glazed entrance door to front elevation leading to communal hallway with stair flight to first floor, secure entry phone system, doors leading to the flats.
    Bedroom 1
    Living Room 24' x 13'
    Bedroom 12' x 11'
    Kitchen 12' 1" x 9' 4"
    Bathroom
    Conservatory

    This apartment has recently been refurbished and the current tenants have been here for 10 years.
    Bedroom 2
    Lounge 13' 1" x 12' 9"
    Kitchen 13' x 13'
    Bedroom 10' 7" x 9' 7"
    Bathroom - newly installed bathroom suite.

    It is worth noting the current tenants have been residing here for 10 years.
    Bedroom 3
    Lounge 13' x 10' 5"
    Kitchen 13' x 8'
    Bedroom 13' x 7' 8"
    Bathroom
    Bedroom 4
    Lounge 13' x 10' 8"
    Kitchen 13' 10' 6"
    Bedroom 11' 7" x 9' 6"
    Bathroom

    This apartment has a newly installed bathroom suite and it is worth mentioning that the current tenants have lived here for over 5 years.
    Bedroom 5
    Lounge 16' x 13'
    Kitchen 11' 6" x 7'
    Bedroom 13' x 12'
    Bathroom
    Bedroom 6
    Lounge 17' x 13'
    Kitchen 11' 6" x 8' 2"
    Bedroom One 13' x 12'
    Bedroom Two 7' x 6'
    Bathroom

    This apartment benefits from a newly installed bathroom suite.
    Bedroom 7
    Lounge 13' x 10' 7"
    Kitchen 13' x 9' 7"
    Bedroom One 10' 7" x 9' 7"
    Bedroom Two 10' 7" x 9' 7"
    Bathroom
    En-Suite Shower Room

    This apartment benefits from a newly installed bathroom with the tenants being in place for over 5 years.
    Outside
    The property benefits from ample off road parking and communal lawned gardens to the rear along with bin and drying areas.
    Please note
    To increase the potential income for the building, there is the possibility to divide both flat nos.1 and 7 into two separate, one bedroomed flats but still retaining their own facilities. Further details are available from the agents and please be advised that the necessary building regulations and consents would be required.

    It is worth noting that several of the current tenants are long term with some of them having been in residence for over ten years so costs associated with frequent tenant changes are kept to a minimum. As there are several long term tenants, there is also the possibilty of rent reviews to increase the month income for this property.

    There are also audited accounts that are available on request.
    Reference: RS0012

    Arrange a Viewing

    To arrange a viewing for this property, please call us on 0330 113 0884, or complete the form below:

    Required fields are marked with *