Summary - VICTORIA HEIGHTS FLAT 14 CARNARVON ROAD CLACTON-ON-SEA CO15 6QA
2 bed 1 bath Flat
Tenant in place, gated parking and immediate rental income near station.
Two bedrooms, third-floor apartment with communal entrance
A compact two-bedroom apartment on the third floor of Victoria Heights, offered with a tenant in situ for immediate rental income. The building is modern and secure, with gated off-street parking and a communal entrance. Its location is practical — a short walk to the town centre and train station — supporting ongoing rental demand.
This property suits investors seeking a low-management addition to a portfolio. The flat is modest in size (488 sq ft) with an open-plan living area, double glazing and electric storage heating. Service charge and ground rent are payable; council tax is low, helping running costs.
Important cautions: the lease has around 76 years remaining, which could restrict mortgage options and make some lenders refuse to lend. Annual service charges average £1,600 and ground rent is £100. The area shows high crime levels and significant local deprivation, which will influence tenant demand and long-term capital growth. Heating is by electric storage heaters and broadband speeds are average.
For investors prepared for a shorter lease and the management realities of this location, the flat offers immediate income and good access to transport links. Buyers should check lender requirements for lease length and factor service charges into yield calculations.
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