Summary - York Road, Southend-on-Sea, SS1 SS1 2BY
5 bed 5 bath Terraced
**Key Features:**
- Freehold block of 5 self-contained 1-bedroom flats
- Currently yielding 6% with an annual income of £34,560
- Victorian terraced house with period features
- Prime location near Southend-on-Sea seafront and high street
- Excellent mobile signal and fast broadband
- Potential for rent increase, current rent considered under market value
- Needs repair and maintenance due to neglect
- High crime rate and area deprivation noted
Explore this unique investment opportunity in the heart of Southend-on-Sea! This Victorian terraced house, ideally suited for buy-to-let investors, comprises five self-contained 1-bedroom flats, all currently tenanted. With a strong yield of 6% and an annual income of £34,560, this property presents a fantastic chance for those looking to capitalize on the bustling rental market.
Located just a short stroll from Southend’s renowned seafront and vibrant high street, you’ll enjoy proximity to shops, transport links, and local amenities. While the property does require some repairs and has been somewhat neglected, its spacious interiors and period charm provide ample scope for enhancement.
With London easily reachable in approximately 40 minutes, this freehold investment is not just about income; it's an opportunity for future capital growth in a desirable coastal city. Don’t miss out on this promising investment—contact us to view today!
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