Income-producing period home close to the seafront and local amenities.
Let producing £580 pcm (£6,960 pa)
Freehold end-terrace, around 53 sq m (571 sq ft)
Sold by online livestream auction — limited viewing dates
Administration fee £1,200 and buyer's premium £960 on exchange
Solid-brick walls likely uninsulated; EPC rating D
Double glazing fitted before 2002; gas central heating
Small enclosed garden and patio; short distance to beach
Area flagged as very deprived — consider rental risk
This one-bedroom end-terrace cottage, about 53 sq m (571 sq ft), is currently let at £580 pcm (£6,960 pa), offering a strong gross yield at the lower guide price. Positioned a short distance from the beach, the house retains period character and comes with a small enclosed garden and patio — appealing for short-term upgrade or buy-to-let holding.
The property is offered freehold at auction (online livestream) with a fixed viewing schedule. It has gas central heating, double glazing installed before 2002 and an EPC rating D. Construction is traditional solid brick with assumed no wall insulation — there is scope for energy-efficiency improvements and cosmetic modernization.
Buyers should note the tenancy in place (AST dated 9 Sept 2018), limited viewing slots, and the auction sale process. There are additional costs on exchange: an administration fee of £1,200 (inc. VAT) and a buyer's premium of £960 (inc. VAT). Check the legal pack for further disbursements and tenancy details before bidding.
The immediate area provides convenient local amenities, good primary and secondary schools nearby, and excellent mobile/broadband connectivity. The location suits investors or buyers seeking an affordable seaside-entry property with renovation potential, while the neighbourhood shows higher local deprivation indices to consider for long-term rental positioning.
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