44 Wellesley Road, Clacton-on-Sea, Essex, CO15 3PJ

Property Details: • Type: Flat • Tenure: N/A • Floor Area: N/A

Key Features: • Freehold • By appointment with the auctioneers

Location: • Nearest Station: N/A • Distance to Station: N/A

Agent Information: • Address: 103 The Broadway, Thorpe Bay, Essex, SS1 3HQ

Full Description: FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

BUY TO LET INVESTMENT: A FREEHOLD BUILDING OVER 3 FLOORS COMPRISING OF THREE RESIDENTIAL FLATS FULLY LET AND PRODUCING AN ANNUAL INCOME OF £19,800. A Freehold three storey building on a corner plot in Clacton town centre containing communal gardens, hallways and store areas plus two 2 bedroom flats and a studio flat that are all let on assured shorthold tenancies producing a monthly income of £1650 per month (£19,800 per annum). A yield close to 9% of the guide price. 44a Wellesley Road - Ground floor flat Lounge 13'1 x 11'1, Bathroom-10'8 x 4'8, Kitchen 11'3 x 8'5, Bedroom One 11'3 x 10'5, Bedroom Two 10'6 x 7'4, WC 44b Wellesley Road - First /second split level flat Hallway, Kitchen 11'5 x 11'2, Lounge 11'8 x 11'2, Bathroom 7'8 x 5'6, Bedroom One 11'4 x 11'1, Bedroom Two 11'3 x 8'4 44c Wellesley Road - First Floor Studio Flat Hall, Kitchen 7'3 x 5'9, Shower Room, Lounge/Bedroom 12'9 x 12'4

44a- £550 per month (£6,600 per annum) 44b- £675 per month (£8100 per annum) 44c- £425 per month (£5100 per annum) For full details on the terms of the current tenancies please refer to the legal pack. 44a- E 44b- D 44c- DBrochuresLegal Documents