3 bedroom semi-detached house

Spring Road, Clacton-On-Sea, CO16 8RU

Size: 75 sqm

Purchase price

£210,000

Size: 75 sqm

Tenanted

Tenanted
Finance breakdown
Financial performance*
Gross rent £9,600
Net income £9,600
Gross yield 4.57%
Net yield 4.57%

AN EXCELLENT INVESTMENT OPPORTUNITY WITH A 4.27% NET YIELD! A spacious 3-bedroom house with driveway parking and a large back garden.


This fantastic semi-detached property comprises of a spacious living room with a fireplace; a fitted kitchen with plenty of storage and worktop space; a conservatory which is currently providing dining and extra living space; 2 generously sized double bedrooms; a single bedroom; and a modern bathroom complete with 3-piece suite. This property also benefits from a driveway big enough to fit 3 cars and an extremely large back garden with a garden shed and picturesque views of the surrounding area.

Spring Road is located in the beautiful seaside village of St Osyth. St Osyth’s beach is only a 5 minute drive away from this property, offering seaside amusements, a Sunday market and great views. Clacton-on-Sea is also only a short drive away, with an abundance of shops, bars and restaurants. Clacton-on-Sea also boasts amenities such as a cinema, theatres, bowling, a golf course and Clacton Pier - also offering seaside amusements. For even more places to see and things to do, Colchester is a 35 minute drive away, with plenty of Roman ruins to explore, Colchester Castle, Colchester Zoo and a contemporary art gallery to name a few. Tenants are spoilt for choice when it comes to fun days out!

Reasons to invest:
- More than £660,000 is due to be invested into promoting Essex’s coast. This will boost the local economy as more tourists visit the area.
- The investment is set to create 277 jobs, which will increase rental demand.
- House prices in St Osyth have increased by 21.55% in the last 5 years (Zoopla, July 2019)

Interested in this property? Enquire today for more information

Key features

Key features

4.27% NET yield

Key features

Tenanted for immediate income

Key features

3-bedroom, semi-detached house

Key features

Driveway parking

Key features

Conservatory

Key features

Large back garden

Key features

Fitted kitchen

Key features

15 minute drive to Clacton-on-Sea town centre

Key features

35 minute drive to Colchester

Key features

5 minute drive to the beach

AN EXCELLENT INVESTMENT OPPORTUNITY WITH A 4.27% NET YIELD! A spacious 3-bedroom house with driveway parking and a large back garden. More info...

This fantastic semi-detached property comprises of a spacious living room with a fireplace; a fitted kitchen with plenty of storage and worktop space; a conservatory which is currently providing dining and extra living space; 2 generously sized double bedrooms; a single bedroom; and a modern bathroom complete with 3-piece suite. This property also benefits from a driveway big enough to fit 3 cars and an extremely large back garden with a garden shed and picturesque views of the surrounding area.

Spring Road is located in the beautiful seaside village of St Osyth. St Osyth’s beach is only a 5 minute drive away from this property, offering seaside amusements, a Sunday market and great views. Clacton-on-Sea is also only a short drive away, with an abundance of shops, bars and restaurants. Clacton-on-Sea also boasts amenities such as a cinema, theatres, bowling, a golf course and Clacton Pier - also offering seaside amusements. For even more places to see and things to do, Colchester is a 35 minute drive away, with plenty of Roman ruins to explore, Colchester Castle, Colchester Zoo and a contemporary art gallery to name a few. Tenants are spoilt for choice when it comes to fun days out!

Reasons to invest:
- More than £660,000 is due to be invested into promoting Essex’s coast. This will boost the local economy as more tourists visit the area.
- The investment is set to create 277 jobs, which will increase rental demand.
- House prices in St Osyth have increased by 21.55% in the last 5 years (Zoopla, July 2019)

  • Key features
    Tick Desktop 4.27% NET yield
    Tick Desktop Tenanted for immediate income
    Tick Desktop 3-bedroom, semi-detached house
    Tick Desktop Driveway parking
    Tick Desktop Conservatory
    Tick Desktop Large back garden
    Tick Desktop Fitted kitchen
    Tick Desktop 15 minute drive to Clacton-on-Sea town centre
    Tick Desktop 35 minute drive to Colchester
    Tick Desktop 5 minute drive to the beach
  • LocationLocation
  • EPCEPC

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.

Breakdown
Financial performance*
Gross rent £9,600
Net income £9,600
Gross yield 4.57%
Net yield 4.57%

*All information is provided as a guideline only, is subject to change and does not constitute a contract. As with any investment, please remember that the value of property may go up or down.