Property Summary

This one-bedroom flat on Hamlet Court Road offers a unique chance for investors or those looking to downsize in the vibrant area of Westcliff-on-Sea. The property is part of an over 55s complex, providing a community feel with shared spaces and an on-site manager to assist residents. It requires moderation, presenting the opportunity for personal customisation or renovation.

The flat is advertised at 25% under market value, making it an attractive option for cash buyers seeking value in a desirable location. With no onward chain, the purchase process can be swift and straightforward. Searches are readily available, streamlining the acquisition process even further.

Westcliff-on-Sea is well-regarded for its local amenities and transport links, making it a convenient location for residents. The property includes residential parking, adding to its practicality. This is a rare opportunity to invest in a property with potential at an ultra-cheap price point. Act quickly to secure this investment opportunity.

Tenure: Leasehold
Remaining Lease: 105 Years
Ground Rent: £395 PA
Service Charge: £300 PCM

Under current UK Anti-Money Laundering regulations and HMRC guidance, estate agents are legally required to complete customer due diligence checks. These checks include verifying a purchaser’s identity and obtaining evidence confirming the source of funds for the proposed property purchase.

All prospective buyers will therefore be asked to provide proof of funding when submitting an offer. Once an offer has been accepted, we will carry out electronic identity verification checks for each purchaser. Additional documentation, such as photographic ID and proof of address, may also be requested where necessary.

A charge of £40 inclusive of VAT applies per purchaser for these checks.