Chain-free freehold with immediate rental income and parking close to the seafront.
Freehold building comprising four 2-bed flats, all let under ASTs
Aldborough House is offered as a freehold residential development in Walton-on-the-Naze town centre, arranged as four self-contained two-bedroom flats currently let on Assured Shorthold Tenancies. Each flat benefits from gas central heating (Worcester Bosch combi boilers), double glazing, an en-suite to the master bedroom and off-street parking to the rear. EPC ratings range from C to D and council tax bands are affordable (B–D). The property is chain free.
This Victorian terrace occupies a compact plot within walking distance of the seafront and the railway station, making it appealing for buy-to-let investors seeking town-centre rental stock. The building’s period brick exterior, bay windows and high ceilings provide period character and tenant appeal. The flats are currently income-producing, enabling immediate rental revenue for a new owner.
Buyers should note material considerations: the building was constructed before 1900 with solid brick walls and assumed lack of cavity insulation, so energy improvements may be required to improve long-term running costs. The wider area records high crime and very high deprivation levels, which can affect yields, tenant profiles and void risk. Some refurbishment and ongoing maintenance are likely to be needed to preserve tenant demand and raise EPC ratings further.
This is a straightforward freehold investment with clear operational strengths (central location, parking, fitted boilers) and identifiable upgrade opportunities. It suits investors looking for immediate cash flow and a property where modest capital works could increase values and reduce running costs.
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