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Woodstock Crescent, Hockley, SS5 4

Guide price £100,000 Having knowledge of the purchase price allows you to calculate the overall expense incurred in acquiring the property. Read our glossary page Leasehold
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  • 1 bedroom
  • 1 bathroom

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Council Tax A fee submitted to your local authority to cover expenses related to local amenities such as schools, libraries, and waste management. The payment amount is determined based on the property's value. Read our glossary page :  

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Tenure Explains the various forms of property ownership, including freehold, leasehold, and commonhold, and how they determine your rights and responsibilities as a property owner. Read our glossary page :  

Leasehold

Ground Rent A recurring payment issued by the tenant to the landlord or property management firm. Read our glossary page

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Ground Rent Review Period When will your ground rent be assessed and how frequently will it be reviewed. Read our glossary page

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Annual Service Charge An estate's shared area expenses, such as building insurance, lighting, cleaning, and maintenance, are typically covered by a periodic payment that is commonly made on a yearly basis. Read our glossary page

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Length of Lease The duration of time you have acquired the leasehold, or the right to reside in a property. Read our glossary page

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Features

  • Guide £100,000 - £125,000
  • Ideal investment opportunity
  • Close distance to Hockley railway station.
  • Estimated rental income of £750 - £800 per month.
  • 954 years remaining on lease
  • Low service charge with zero ground rent.
  • No chain

Nearest Stations

  • Hockley Rail Station - 0.3 miles
  • Rayleigh Rail Station - 2.5 miles
  • Rochford Rail Station - 2.6 miles
  • North Fambridge Rail Station - 3.3 miles
  • Southend Airport Rail Station - 3.3 miles
This studio flat located on Woodstock Crescent in Hockley offers a budget-friendly entry into the property market. With a guide price between £100,000 and £125,000, it is an attractive option for first-time buyers or investors seeking a solid rental opportunity. The property is conveniently situated within close distance to Hockley railway station, providing easy access for commuters.

The flat boasts a long lease of 954 years remaining, ensuring longevity for any potential owner or investor. Additionally, the low service charge and zero ground rent make it financially appealing. With an estimated rental income of £750 - £800 per month, it promises a good return on investment.

For those looking to expand their property portfolio or secure their first home, this flat represents a straightforward purchase with no chain involved. The locality around Hockley offers various amenities and a welcoming community environment. Act quickly to explore this opportunity and consider the benefits it holds for your future plans.

Entrance Hall

Bathroom: 6'8 x 5'8
Bath with shower over. WC, pedestal wash hand basin. Access to airing cupboard.

Lounge /Bedroom: 14'7 x 13'3
Two double glazed windows to front. Electric radiator.

Kitchen: 9'4 x 7'2
Fitted units with space and plumbing for appliances. Double glazed window to front.

Externally
Communal car park with allocated parking and visitor spaces. Communal garden to the rear with patio area.

Lease information.
954 Years Remaining.
Ground rent - N/A
Service Charge - £80 per month
Managing Agent - Hair and Son

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