Income-producing one-bedroom flat near Clacton seafront — cash buyers only..
Top-floor one-bedroom apartment, attic-style living room
A top-floor one-bedroom flat in a substantial early-20th-century building, positioned close to Clacton seafront and town centre. The apartment is currently income-producing (AST in place, £7,800 pa) and offers immediate rental return for a cash buyer. Accommodation includes a large attic-style living room with sloped ceilings, separate fitted kitchen, bathroom plus separate WC, and communal garden and on-site parking/garage.
The building shows characteristic period features but also visible external wear and areas needing maintenance. The flat is heated by electric storage heaters, has double glazing of unknown age and an EPC rating of E. Construction details indicate timber frame with assumed no insulation, so energy performance and heating costs may be a concern.
Important purchase considerations: the property is leasehold with a ground rent of £250 pa and a relatively high service charge of around £3,050 pa. It is offered to cash buyers only and sits in an area with high crime rates and higher-than-average deprivation — factors that will affect resale and letting demand. This is a straightforward buy-to-let or refurbishment opportunity for an investor prepared to manage service costs and carry out updates.
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