SS6 9JX - Studio apartment for sale in Lake Rise, 89 Down Hall Road,…

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Studio apartment for sale in Lake Rise, 89 Down Hall Road, Rayleigh, Essex, SS6 9JX, SS6

Summary - 65, DOWN HALL ROAD SS6 9JX

1 bed 1 bath Apartment

**Standout Features:**
- Freehold property with ground rent investment potential
- Tenure: Freehold, with long-term lease remaining on apartments
- Current ground rent income of £1,750 per annum from 7 self-contained apartments
- Built in 2017, modern construction
- 1 bedroom, 1 bathroom apartment with a communal garden
- Located in a low-crime, affluent suburb
- Excellent mobile signal and average broadband speeds
- Proximity to good schools and local amenities

**Summary:**
Opportunity knocks with this appealing auction property in the comfortable suburb of SS6 9JX. This freehold investment gives you access to a well-maintained building housing seven self-contained apartments, all securely leased for approximately 117 years. Currently generating an income of £1,750 per annum from ground rents, this property not only offers financial potential but is situated in a peaceful area with excellent mobile connectivity and low crime rates.

The modern one-bedroom, one-bathroom apartment features access to a charming communal garden, perfect for relaxation. Built in 2017, the property benefits from modern construction standards. While the ground rent of £1,750 is noted as expensive, its advantageous location near good schools and local amenities adds significant allure for families or investors alike.

Don’t miss your chance to secure this investment opportunity—bidding is set to commence at the public auction on Thursday, 17th July 2025 at 3:00 PM. Make this your stepping stone to a rewarding property investment journey!

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