Penfold Road, Clacton on Sea, Clacton on Sea, Essex, CO15 1JN
£550,000
Property Type
Semi
Bedrooms
10
Bathroooms
10
Description
Property Summary
An investment opportunity to acquire ten apartments including the freehold consisting of 6 x studio and 4 x one bedroom units. The building at full occupancy generates an annual income in excess of £70,000 which in the valuers opinion, offers a particularly attractive yield to any buy to let investor seeking a ready made investment.
Stoneridge estate agents currently manage the property and therefore hold further information, which is available upon request and are also able to provide a detailed plan for further improvements in the near future. The accommodation is split across four floors with all flats being self sufficient with individual bathroom and kitchen facilities.
