This top floor two-bedroom flat presents a solid investment opportunity for those looking to capitalize on a property with the potential for significant refurbishment. Offered vacant and chain-free, this leasehold flat has 59 years remaining on its lease, making it suitable for cash or bridging finance buyers. The accommodation features a spacious living area with sweeping views of the sea, two generously sized bedrooms, a kitchen, and a shower room with W.C. and wash basin. The entire property requires updating, offering savvy buyers the chance to remodel it to their preferences and enhance its value substantially. With an EPC rating of D and positioned in council tax band A, this flat offers affordability in a desirable coastal location. The estimated rental income is approximately £650 per month, leading to a potential gross yield of around 9.5% per annum for buy-to-let investors. Additionally, unallocated on-street parking provides convenient access for residents and visitors alike. Located within proximity to local amenities such as shops and cafes, as well as public transport links, this property is ideal for those who enjoy outdoor activities in a pleasant coastal environment. A Buyer’s Reservation Fee applies as part of any agreed purchase price; please contact us for more details.
