Ready-made rental in a coastal location with immediate income potential.
Tenant in situ producing a 6.2% gross yield
Freehold three-bedroom mid-terrace, approximately 911 sq ft
6-minute walk to Shoeburyness train station, seaside nearby
EPC rating D; council tax Band B (low running cost)
Solid brick walls likely without insulation—upgrade may be needed
Area classified as deprived; crime level above average
Small plot size; built circa 1900–1929 so ongoing maintenance possible
Part of an investment portfolio—other properties also available
This three-bedroom mid-terrace on Friars Street is offered as a ready-made income property with a tenant in situ generating a 6.2% yield. The house is freehold, well-presented internally and benefits from double glazing, gas central heating and a convenient 6-minute walk to Shoeburyness station — useful for commuters and attractive to long‑let tenants.
The location is a key strength: close to Shoebury East Beach, Gunners Park and several good primary and secondary schools. Local amenities and transport links support occupancy, and council tax band B with an EPC rating of D keep running costs relatively modest for the area.
Buyers should note material factors affecting future costs and returns. The property sits in a deprived area with above-average crime statistics, and walls are likely solid brick without insulation (as built), which can mean higher heating demand and upgrade costs. The plot is small and the build dates from 1900–1929, so there is potential need for ongoing maintenance or targeted refurbishment.
This listing suits investors seeking an immediate rental income and portfolio purchasers; it offers steady yield and tenant security but requires realistic budgeting for fabric upgrades, insulation improvements and the implications of the local market profile.
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