Rosemary Road, Clacton-On-Sea

Property Details: • Type: Detached • Tenure: FREEHOLD • Floor Area: N/A

Key Features: • Mixed-use freehold investment opportunity • Five self contained residential flats • Two commercial retails units • All flats currently tenanted • Established rental income • Approximately £70,000 per annum gross income • Immediate return on investment • Ideal addition to an investor's portfolio

Location: • Nearest Station: Clacton Station • Distance to Station: 0.32550150951866436 miles

Agent Information: • Address: 64 Station Road, Clacton-On-Sea, CO15 1SP

Full Description: <br /><b>SUMMARY</b><br />A fantastic opportunity to acquire a substantial mixed-use freehold investment, the property has the potential to generate a gross annual income of approximately £70,000 per annum when fully occupied, making it an attractive proposition for investors seeking a high-yielding asset with future upside.<br /><br /><br /><b>DESCRIPTION</b><br />The building comprises five self-contained residential flats, all currently let, together with two commercial retail units, providing a diverse and established income stream. <br /><br />Occupying a prominent position, this income-producing asset offers investors immediate returns with the benefit of both residential and commercial tenancies already in place.<br /><br /><br /><br />With a gross rental income approaching £70,000 per year, the property presents an attractive opportunity for buy-to-let investors, portfolio landlords, and those seeking a well-established mixed-use investment with long-term income potential.<br /><br /><br />Early viewing is strongly recommended to fully appreciate the scope and income-generating potential of this substantial freehold property.<br /><br /><b>Flat 1a</b> <br />Currently rented at £862pcm<br /><br /><b>Flat 2b</b> <br />Currently rented at £750pcm<br /><br /><b>Flat 1</b> <br />Currently rented at £750pcm<br /><br /><b>Flat 2</b> <br />Currently rented at £750pcm<br /><br /><b>Flat 3</b> <br />Currently rented at £950pcm<br /><br /><b>Shop 1</b> <br />Anticipated rental income of £750pcm<br /><br /><b>Shop 2</b> <br />Anticipated rental income of £750pcm<br /><br /><br /><br />1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale. <br />2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property. <br />3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. <br />4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase. <br />5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.