Initial price	£165,000
09/11/24	£155,000
Price Change	-6.06%

This is an investment opportunity for a well-presented two-bedroom third-floor apartment, currently let on an Assured Shorthold Tenancy, generating an approximate gross yield of 8% per annum. The property has been recently redecorated and is located a short distance from the University of Essex, Hythe Railway Station, and Tesco Superstore. The apartment features a lift and stair flight access, an open-plan living room/kitchen with balcony, two double bedrooms, and a modern bathroom. The property is leasehold, with a 155-year lease from 2005, and the current ground rent and service charge is approximately £2,110 per annum. The city centre is nearby, offering a range of shopping, dining, and entertainment options, and the nearby Hythe Railway Station provides services to London Liverpool Street.