SS16 ~ Double Garage / Property ~ Pitsea, Basildon ~ Wide access ~ Building potential (stpp)!!
Basildon, Essex
£75,000
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- Posted
- 19 hours ago
- Seller Type
- Agency
- Property Type
- Garage
Description
Rentax is pleased to present this property / double lock-up garage for sale in the sought-after Kingswood Court area of Basildon (SS16 4NW).
Centrally located in Pitsea, the property is close to Tesco Extra, Pitsea Market, Basildon Hospital, and local golf courses. It offers excellent transport links via the Pitsea and Basildon train stations, with easy access to the A13.
The unit features two "up and over" doors, a dry roof, and a wide turning space. It is also overlooked by local residents, providing additional security.
The property currently generates £1,560 in annual rent. This is significantly below market value, as the rate was granted in recognition of property enhancements made by the tenant. There is clear potential to more than double the rental income once the fixed contract ends.
Furthermore, the site offers significant residential development potential, such as conversion into a small bungalow (STPP), which could achieve approximately £950 per month.
Key Highlights:
- Significant development potential (STPP)
- Wide turning space
- Dry roof and functional up-and-over doors
- Secure location overlooked by residents
- Excellent investment yield and growth potential
- Convenient access via the A13, major superstores, train stations, and Basildon Hospital
This is an excellent opportunity for an investor or anyone requiring personal storage. Please reply or call us for further details.
Ad ID: 1513566026
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