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Semi-detached house
56 / 58 / 68 & 70 Maldon Road, Southend-on-Sea
£17,500
AuctionFreehold
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The property is a freehold investment with two semi-detached buildings containing four self-contained flats. The flats are leased to separate tenants, with lease terms ranging from 59 to 189 years remaining. The ground rents, which currently produce £335 per year, are due to increase in the future. The buildings themselves are being sold, not the individual flats which are separately owned on long-term leases.