£190,000
2 bed flat for saleUpland Road, West Mersea CO5
2 beds
1 bath
1 reception
EPC Rating: C
Added on
About this property
Two bedroom first floor apartment
Excellent central location
Ideal first time purchase
Strong investment opportunity
Approx. 6% gross rental yield
Allocated parking space
No onward chain
Communal gardens
A well proportioned two bedroom first floor apartment forming part of a small, well maintained development in a convenient central position, close to local shops and everyday amenities. The property offers a great opportunity for a first time buyer, downsizer or investor looking for a home with good sized accommodation, parking and communal outside space.
The apartment has been well looked after and offers a practical layout with a comfortable lounge, fitted kitchen with breakfast bar, two good sized bedrooms and a modern shower room. While perfectly usable as it stands, the property would benefit from some cosmetic updating and a general freshen up, giving the next owner the chance to put their own stamp on it without the need for major works.
For investment buyers, the property has previously been rented successfully and has produced a healthy return, with current figures indicating an approximate 6% gross yield Its central location, straightforward layout and allocated parking all add to its appeal as a rental property.
With no onward chain, communal gardens and allocated parking to the rear, this is a sensible and versatile property offering plenty of potential for both owner occupiers and investors.
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Tenure
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B
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