Well-presented studio with long lease and tenant in place, ideal for buy-to-let investors..
Tenant in situ — immediate rental income
A ready-made buy-to-let in Shoeburyness, this well-presented second-floor studio is offered with a tenant in situ and immediate rental income. The flat benefits from a long 999-year lease, communal gardens, and an improved kitchen, making it low-effort for an investor wanting steady returns.
Accommodation is compact and efficient: open-plan lounge/bedroom, separate upgraded kitchen, shower room and storage. Electric storage heaters and double glazing are fitted; the property was constructed in the 1980s and is maintained to a tidy standard. Ground rent is nominal at £25 and council tax is very cheap.
Location delivers convenience — a short walk to ASDA and local amenities, fast broadband and excellent mobile signal. The area offers reasonable transport links and access to schools, but local socio-economic indicators show high deprivation and average crime levels; this is reflected in pricing and yields.
Suitability is clear: investors seeking a low-maintenance, income-producing studio with over 6% rental yield and a long lease. Owner-occupiers seeking larger accommodation or a quieter, more affluent neighbourhood should note the compact layout and local area challenges before viewing.
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