Full details for 1 Bedroom Property For Sale in Clacton On Sea

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Description

This is a rare opportunity to purchase a fully tenanted mixed-use building located directly on the seafront, in the popular coastal town of Walton-on-the-Naze. With stunning sea views and situated just steps from the beach, this property is perfectly positioned for both residential and commercial tenants.

Property Overview:
10 x 1-bedroom flats
6 x 2-bedroom flats
1 x 3-bedroom flat
3 vacant commercial units with potential for further income
All residential apartments are fully tenanted, generating a total monthly rental income of £14,300. Additionally, the three commercial units are currently vacant, offering a fantastic opportunity to further increase the overall income.

Key Features:
Prime Seafront Location – situated right by the beach with direct access to the promenade
Total monthly rental income: £14,300 from the residential flats
Significant potential to increase income by renting the 3 vacant commercial units
Direct sea views from select apartments, offering premium appeal
17 residential units in total (fully let)
Located in a central area, close to local amenities, shops, and public transport
High demand location for both long-term tenants and holiday lets
This fantastic investment opportunity offers excellent rental returns in a prime coastal location. Whether you're looking for a steady income or potential for future development, this building is an ideal choice. With the additional commercial units ready to be leased, there’s room to further boost the income from this unique seaside property.

Price: Available on request.

For more information or to book a viewing, please get in touch today!

Council tax band: C Back to listing