Summary - 129 Station Road CM0 8HJ
1 bed 1 bath Terraced
**Standout Features:**
- Prime town center location with high foot traffic
- Freehold property consisting of a ground floor commercial shop and a one-bedroom flat above
- Currently let, providing steady income: Flat at £650pcm (market value £700pcm), Shop at £450pcm (market value £600pcm)
- Includes a small garden
- No onward chain for a quick transaction
- EPC Rating: D
**Concerns:**
- Short lease remaining on both the flat (6 months) and shop (3 years), which may hinder mortgage lending
- Potential maintenance concerns due to the age of the building (built between 1900-1929) with solid brick walls and no insulation assumed
**Summary:**
This freehold property in the heart of Burnham-on-Crouch presents a lucrative investment opportunity with dual income potential. The ground floor commercial shop enjoys excellent footfall near local favorites like Tesco Local and the Rio Cinema, while the first-floor one-bedroom flat is currently let, ensuring immediate returns. With a charming Victorian façade and a small garden, this terraced property encapsulates traditional seaside charm.
Set in a vibrant community near the picturesque River Crouch, the area offers access to diverse amenities, including schools and recreational options, making it appealing for both investors and first-time buyers. However, prospective buyers should note that the short remaining leases might affect financing options. Act swiftly to secure this unique investment in a desirable coastal town, as opportunities like this are rare!
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