1 bed property portfolio for sale

£210,000

Shearwater Avenue, East Tilbury, Essex, RM18 8FQ

Bedrooms1TypePorfolioRent pcm850FurnishedUnfurnished
TenureLeaseholdGround rent250 each but freehold included at asking price for all flatsService charge0
Tenanted/VacantTenantedAST details No
Enlarge map

Purpose built block built in 2018 consisting of 4 x 1 bed flats, each 50M2 fully appliances italian kitchens. Separate large car park with potential scope for further development. The block has 4 leases with around 123 years remaining.

The apartments have around 7 years left on new build warranty good tenants pay on time. Freehold in separate company that can be included within sale for whole block at asking price

Price is 210,000 each apartment, rents can be increased to 950 pcm.


Contact the Landlord / Seller about this property



Gross yield calculator

£
£
=
4.86%

Stamp duty calculator

£
 3%  Up to to £250,0006,300  5%  £250,001 to £925,0000  8%  £925,001 to £1.5 million0 15%  Over £1.5 million0
=
£6,300

Nearest stations

East Tilbury 0.3 milesStanford-le-Hope 2.4 milesTilbury Town 2.9 milesGravesend 3.4 milesGrays 4 milesDistances are straight line measurements