Property photos
Sold STC
Freehold
£495,000
1 bed flat for sale
Sutton Road, Southend-On-Sea SS21 bed
1 bath
1 reception
Key Information
Tenure:
Freehold
Council tax band:
A
Local area information
Property location
Nearby amenities
- Bournemouth Park Academy 0.2 miles
- Porters Grange Primary School and Nursery 0.3 miles
- Southend Victoria 0.3 miles
- Southend Central 0.5 miles
These distances are calculated in a straight line. The actual route and distance may vary.
Read our area guide for Southend-On-Sea to find out more about the local area.
Features and description
- Freehold
- Large Commercial Unit
- Basement
- Large Storage Unit/Double Garage
- Off Street Parking 3 Vehicles
- Self Contained 1 Bed Flat to Front
- Self Contained 1 Bed Flat to Rear
- Freehold Included
- Development Potential
- No Chain
- Viewing Strongly Advised
Rare and Exciting Investment Opportunity! Belle Vue are warmly welcoming these commercial and residential units onto the market with Freehold! Boasting a spacious commercial unit a with basement, a large storage unit with the potential for development, off street parking for three vehicles and two self-contained one bedroom first floor flats! Situated in a prime area of Southend, this development is located minutes from Southend City Centre, train stations and bus routes. Don't miss out on such an impressive opportunity!
Commercial Unit
Shop Floor: 19ft 5in x 27ft 2in
Rear of Shop: 18ft x 23ft 6in
Basement: 22ft, 7in x 16ft 8in
Other amenities include a W/C, fitted counter tops and sink.
Storage Unit/Double Garage (19' 2'' x 19' 4'' (5.84m x 5.89m))
Accessed via an up and over shutter door with a small court yard and kitchen area.
Off Street Parking
Ample off street parking for 3 vehicles.
Communal Flat Entrance
Communal entrance lobby with a staircase leading to the first floor with private doors leading to both self contained flats.
Flat One
Lounge: 11ft 6in x 19ft 8in
Bedroom: 9ft 2in x 14ft 2in
Kitchen: 11 ft 5in x 7ft 2in
Bathroom: 5ft x 6ft 4in
Fist floor flat with double glazing, central heated and in good decorative order. 124 year lease with freehold included.
Flat Two
Lounge: 11ft 4in x 17ft 6in
Kitchen: 11ft 6in x 5ft 6in
Bedroom: 11ft 4in x 11ft 6in
Bathroom: 5ft 2in x 8ft 10in
Fist floor flat with double glazing, central heated and in good decorative order. 124 year lease with freehold included.
Income
The development is currently producing an income of £18,240pa with the commercial unit and rear flat let. The expected income would be in the region of £40,200pa with all the units rented at current markets rates, offering an approximately yield of 8% pa.
The property can be sold with vacant possession or with the tenants in situ at the buyers request.
Commercial Unit
Shop Floor: 19ft 5in x 27ft 2in
Rear of Shop: 18ft x 23ft 6in
Basement: 22ft, 7in x 16ft 8in
Other amenities include a W/C, fitted counter tops and sink.
Storage Unit/Double Garage (19' 2'' x 19' 4'' (5.84m x 5.89m))
Accessed via an up and over shutter door with a small court yard and kitchen area.
Off Street Parking
Ample off street parking for 3 vehicles.
Communal Flat Entrance
Communal entrance lobby with a staircase leading to the first floor with private doors leading to both self contained flats.
Flat One
Lounge: 11ft 6in x 19ft 8in
Bedroom: 9ft 2in x 14ft 2in
Kitchen: 11 ft 5in x 7ft 2in
Bathroom: 5ft x 6ft 4in
Fist floor flat with double glazing, central heated and in good decorative order. 124 year lease with freehold included.
Flat Two
Lounge: 11ft 4in x 17ft 6in
Kitchen: 11ft 6in x 5ft 6in
Bedroom: 11ft 4in x 11ft 6in
Bathroom: 5ft 2in x 8ft 10in
Fist floor flat with double glazing, central heated and in good decorative order. 124 year lease with freehold included.
Income
The development is currently producing an income of £18,240pa with the commercial unit and rear flat let. The expected income would be in the region of £40,200pa with all the units rented at current markets rates, offering an approximately yield of 8% pa.
The property can be sold with vacant possession or with the tenants in situ at the buyers request.
Floor plans and tours
Floor plans (2)
Tours
No virtual tour available
More information
Listed by
Belle Vue Property Services
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Property descriptions and related information displayed on this page are marketing materials provided by - Belle Vue Property Services. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact Belle Vue Property Services for full details and further information.