Summary - 40 SECOND AVENUE CANVEY ISLAND SS8 9LL
3 bed 1 bath End of Terrace
**Standout Features:**
- Freehold end-terraced house with 3 bedrooms
- Current rental income of £13,200 per annum
- Convenient location near shops, schools, and transport links
- Renovation opportunity to customize and increase value
- Excellent mobile signal and fast broadband connectivity
- Auction sale scheduled for June 12, 2025
**Notable Concerns:**
- Requires significant refurbishment
- Non-standard construction may limit mortgage options
- High crime rates in the area
- Neighborhood classified as deprived, affecting overall investment appeal
This three-bedroom end-of-terrace house presents an exciting buy-to-let investment opportunity in a well-connected urban area. Generating a solid rental income of £13,200 annually, it is currently occupied under an Assured Shorthold Tenancy. The property is ripe for renovation, allowing savvy buyers to modernize it according to their vision while potentially boosting future rental income.
Located close to essential amenities, including schools rated 'Good' by Ofsted, the home provides a comfortable living environment for families. However, you should be aware of the property's current condition and the high crime rates surrounding the area. With a live auction set for June 12, 2025, act now to seize this chance to transform a fixer-upper into a profitable asset!
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