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1 bed property portfolio for sale
£210,000Shearwater 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
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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
£
£
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4.86%
Stamp duty calculator
£
5% Up to to £250,00010,500
10% £250,001 to £925,0000
15% £925,001 to £1.5 million0
17% Over £1.5 million0
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£10,500
Surrounding area
TilburyNorthfleet
Swanscombe
Rochester
Canvey Island
Upminster
Rainham
Billericay
Hornchurch
Wickford
Essex