**Standout Features:**
- One-bedroom ground floor apartment in Empire Court
- Close to Clacton town center, seafront, and mainline railway station
- Currently generating an annual rental income of £7,140
- 90-year lease with an annual service charge of £1,370.46
- Allocated off-street parking
- Double glazing installed, providing energy efficiency
**Notable Concerns:**
- Average broadband speeds; mobile coverage is excellent
- Local area has above-average crime rates
- Current tenants present, requiring coordination for viewings
This charming one-bedroom ground floor apartment in Empire Court is a prime investment opportunity with a well-established tenant, generating a healthy annual income of £7,140. Located within a mile of Clacton-on-Sea’s vibrant town center, mainline railway station, and the beautiful seafront, this property is perfectly positioned for both convenience and lifestyle.
Offering a compact yet functional layout, the apartment includes a cozy lounge, a well-sized kitchen, and a comfortable bedroom, making it appealing for renters. The property features double glazing throughout and enjoys the benefits of off-street parking. With 90 years remaining on the lease, and a manageable service charge, this leasehold apartment provides security for future investment.
While the local area carries higher than average crime rates, the vibrant community and proximity to essential amenities, including shops, parks, and schools, enhance its appeal. Given its current tenant, this property is ready for immediate rental income, making it ideal for first-time investors or those looking to expand their portfolios. Don't miss out on this promising buy-to-let investment!
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