Summary - FLAT 2, 35 THE PARADE, WALTON ON THE NAZE CO14 8AP
1 bed 1 bath Flat
Ready-to-rent Victorian ground-floor flat near seafront and station.
9% marketed gross yield for immediate rental income
Long lease (999 years) and share of freehold tenure
Newly renovated kitchen, shower room and gas combi boiler
Ground-floor, compact one-bedroom — studio-style living
Walking distance to seafront, town centre and railway station
Annual service charge around £2,050.67 — high for size
EPC rating D; council tax Band A (relatively low)
Area shows high crime and significant local deprivation
A compact, ground-floor one-bedroom flat in a Victorian terrace, offered as a long-lease share-of-freehold investment. Recently modernised throughout, the property presents an immediate rental income opportunity with a marketed 9% yield and no onward chain, positioned within easy walking distance of Walton-on-the-Naze seafront and the mainline station.
The interior is freshly fitted: a new kitchen, contemporary shower room, double glazing and a gas combi boiler yield a low-maintenance, tenant-ready unit. The open-plan living/kitchen is small but efficiently arranged, and the ground-floor location gives quick access and potential appeal to commuters or holiday renters looking for proximity to the promenade.
Notable practical points: the lease is long (999 years) and the tenure is share of freehold, removing typical short-lease buyer concerns. However, the property is compact and best suited as a buy-to-let or pied-à-terre rather than a main family home. Service charges are significant for the size (c. £2,050.67 annually) and the EPC is D.
Location is a clear draw—close to the seafront, town amenities and direct rail links to London—yet the wider area records high local deprivation and elevated crime levels, which may affect tenant mix and long-term capital growth. Investors should weigh strong immediate yield against local socio-economic factors and the recurring service cost.
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Commercial property for sale in Old Pier Street, Walton On The Naze, CO14 — £160,000 • 1 bed • 1 bath • 776 ft²
1 bedroom flat for sale in The Parade, Walton On The Naze, CO14 — £30,000 • 1 bed • 1 bath
2 bedroom flat for sale in Woodberry Way, Walton On The Naze, CO14 — £195,000 • 2 bed • 2 bath • 876 ft²
1 bedroom flat for sale in North Street, Walton-on-the-naze, CO14 — £75,000 • 1 bed • 1 bath • 485 ft²
