£119,995
1 bed flat for saleThe Esplanade, Burnham-On-Sea TA8
1 bed
1 bath
1 reception
EPC Rating: D
Added on
About this property
Investment Opportunity
Tenant in place
Rental £725.00 per month
1 Bedroom
Open Plan Lounge/Kitchen/Diner
Double Glazing
Sea Views
No Onward Chain
The property is situated within close proximity of Burnham-on-sea town centre facilities and is over the road from miles of sandy beach.
This hall floor flat is situated within an imposing four storey property located on the sea front and enjoys panoramic coastal views from the forward facing lounge which has a large bay window which is an outstanding feature of this attractive flat. The current "Net rental yield for this flat is over 6%"
Description
The property is situated within close proximity of Burnham-on-sea town centre facilities and is over the road from miles of sandy beach.
This hall floor flat is situated within an imposing four storey property located on the sea front and enjoys panoramic coastal views from the forward facing lounge which has a large bay window which is an outstanding feature of this attractive flat.
Accommodation
All measurements are approximate
Main Entrance
Steps leading up to Main Front Door, there are stairs rising to the next two floors, and there is a rear door for access.
Entrance
Door giving access into inner hallway with doors leading to all rooms.
Open Plan
Lounge/Kitchen/Dining (5.16 x 5.11 (16'11" x 16'9"))
Double glazed bay window to front with views of the sea and beach, feature fireplace, cornice ceiling, picture rail. The kitchen area comprises a range of wall and base units, one and a half bowl sink unit, space for electric cooker, space for fridge/freezer, plumbing for washing machine, the lounge area has a wall mounted electric heater and a bay window which overlooks the beach and sea view.
Bedroom (4.3 x 2.7 (14'1" x 8'10"))
Double glazed window to rear, night storage heater, built in wardrobe.
Bathroom
Obscure double glazed window to rear, panelled bath with mixer tap and shower attachment, low level WC, pedestal wash hand basin, electric wall heater.
View
Outstanding view from the bay window of the sea and miles of sandy beach
Material Information...
Additional information not previously mentioned
•Mains electric and water
•Water meter
•Heating electric room heating
•Mains drainage
•No Flooding in the last 5 years
•Broadband and Mobile signal or coverage in the area.
For an indication of specific speeds and supply or coverage in the area, we recommend potential buyers to use the
Ofcom checkers below:
Flood Information:
General Information
The property is currently occupied by a tenant who is paying £725.00 per calendar month, and has a yield of around 6%. The vendor would be keen to sell to an investor. There is a maintenance payment of £90.00 per month which is payable to the Management Company Stephens & Co, Weston Super Mare, this includes maintenance of the outside of the building, fire safety checks and buildings insurance.
Zoopla tools
Stamp duty calculator
Our instant calculator helps you understand how much stamp duty is due on property purchases in England & Northern Ireland. Read the latest stamp duty news
This calculation is intended as a guide only. We are unable to provide financial advice, so it's important to consult with an adviser. It applies to UK residents purchasing residential properties in England and Northern Ireland, but does not apply if the purchase is made through a company.
Local area information
Zoopla insights
Sign in and gain expert analysis to make informed decisions.
More information
Tenure
Leasehold (960 years)
Service charge
Council tax band
A
Ground rent
£1,000
Ground rent date of next review
.png)