3 Bed Detached House For Sale

*** FOR SALE BY LIVE STREAM AUCITON TUESDAY 26th MARCH 2024 ***

FOR MORE INFORMATION OR TO REGISTER TO BID PLEASE CONTACT THE AUCTIONEER

OF INTEREST TO INVESTORS A THREE BEDROOM SEMI-DETACHED HOUSE IN NEED OF REDECORATION HELD ON A FREEHOLD TITLE LOCATED IN THE HISTORIC TOWN OF BRIGHTLINGSEA

When rented a local Estate Agent has suggested a rental income of £13,800 per annum which would be a yield of 10.2% if purchased at Guide and full rental potential achieved. The property is located close to the Town centre and offers off street parking as well as a private rear garden.

ACCOMMODATION Groud Floor

Lounge: 12'6" x 11'0" (3.81m x 3.35m)

Dining Area: 12'6" x 10'8" (3.81m x 3.25m)

Kitchen: 11'2" x 7'1" (3.40m x 2.16m)

Bathroom: 8'4" x 5'1" (2.54m x 1.55m)



First Floor

Bedroom 1: 12'6" x 11'11" (3.81m x 3.63m)

Bedroom 2: 11'6" x 8'8" (3.51m x 2.64m)

Bedroom 3: 9'7" x 7'6" (2.92m x 2.29m)
EXTERIOR The front of the property is directly on the street, to the North Face there is off road parking suitable for a family car and access to the rear garden. The large East facing rear garden has hard standing directly outside the back door with a Shed and potted plants, towards the back of the garden the area has been arranged as an allotment.
LOCATION Brightlingsea is a coastal town and an electoral ward in the Tendring district of Essex. It is situated between Colchester and Clacton-on-Sea, at the mouth of the River Colne, on Brightlingsea Creek. Brightlingsea sits on a promontory surrounded by the River Colne and its associated marshes and creeks (it was an island until the 16th century), and was settled from an early date. In 1995, an Early Neolithic pot, dated 4000 to 3100 BC, was found on a farm near Brightlingsea.

The property is located about 90 yards South of the High Street with all it's shops, bars and restaurants, the harbour is less than 1/3 of a Mile to the South of the property.
VIEWING Strictly by appointment with the Auctioneer

Tenure: Freehold

EPC Rating: E

Administration Fee: 0.6% inc VAT of the purchase price, subject to a minimum of £900 inc VAT, payable on exchange of contracts.

Buyer's Premium Fee: 1.2% inc VAT of the purchase price, subject to a minimum of £1800 inc VAT, payable on exchange of contracts.

Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.