2 bedroom flat for sale

£165,000

2

Bedrooms

1

Bathrooms

Floorplan

FRINTON TOWN CENTRE LOCATION
Paveys have the pleasure in offering for sale this TWO DOUBLE BEDROOM GROUND FLOOR FLAT with COVERED PARKING SPACE positioned in the heart of Frinton-on-Sea. The property will be sold with a Share of the Freehold, approximate 146 YEAR LEASE and NO ONWARD CHAIN. Key features include a good size lounge, kitchen, two double bedrooms with built in wardrobes, bathroom and separate cloakroom. Winston Court is situated at the sea end of Old Road which is a short stroll from the greensward, beautiful beach and independent shops, restaurants and cafes in Connaught Avenue. The property would make an IDEAL FIRST TIME PURCHASE, BUY TO LET or HOLIDAY HOME! Call Paveys today to arrange a viewing!

Communal Entrance Hall - Glazed entrance door to Communal Entrance Hall, vinyl flooring, stair flight to First Floor.

Entrance Hall - Private entrance door, laminate flooring, coved ceiling, built in storage cupboard, built in airing cupboard, electric radiator.

Lounge - 5.21m x 3.43m (171 x 113) - Double glazed window to front, fitted carpet, coved ceiling, wall lights, electric radiators.

Kitchen - 3.53m x 2.44m (117 x 8) - White fronted over and under counter units, work tops, inset sink and drainer with mixer tap. Built in electric oven, electric hob, extractor hood, space for under counter fridge freezer. Double glazed window to front, laminate flooring, part tiled walls, electric radiator.

Master Bedroom - 4.42m x 3.28m (146 x 109) - Double glazed window to rear, fitted carpet, coved ceiling, built in wardrobe, electric radiator.

Bedroom Two - 3.51m x 2.82m (116 x 93) - Double glazed window to rear, fitted carpet, coved ceiling, built in wardrobe, electric radiator.

Cloakroom - White low level WC, laminate flooring, fully tiled walls.

Bathroom - White suite comprising vanity wash hand basin and bath with electric shower over. Laminate flooring, fully tiled walls, chrome heated towel rail.

Outside -

Lease Term & Service Charges - The property will be sold with a Share of the Freehold.
The property has the benefit of an approximate 146 year Lease.
The Service Charges are 1,415.32 per annum (as at May 2025).

Important Information - Council Tax Band: B
Tenure: Share of the Freehold.
Energy Performance Certificate (EPC) rating: E
The property is connected to electric, mains water and sewerage.
The managing agents are Priory Estates, Frinton.

Disclaimer - These particulars are intended to give a fair description of the property and are in no way guaranteed, nor do they form part of any contract. All room measurements are approximate and a laser measurer has been used. Paveys Estate Agents have not tested any apparatus, equipment, fixtures & fittings or all services, so we can not verify if they are in working order or fit for purpose. Any potential buyer is advised to obtain verification via their solicitor or surveyor. Please Note: the floor plans are not to scale and are for illustration purposes only.

Money Laundering Regulations 2017 - Paveys Estate Agents will require all potential purchasers to provide photographic identification, alongside proof of residence when entering into negotiations regarding one of our properties. This is in order for Paveys Estate Agents to comply with current Legislation.

Mortgage Calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Monthly Payment: £ 8,216.87

Amortization For Monthly Payment: £8,216.87 over 30 years ( Based on 3.20% Interest )

Return on Investment

£
£
£
£

Using your investment as a 25.00% deposit and £ 5,833 in costs for purchasing and getting ready to let.

Mortgage Required

£ 130575

Mortgage Loan to Value

%

Gross Yield

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Annual ROI

%

Annual Rental Profit

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Cumulative Rental Profit

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Cost of Purchase

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  • Stamp Duty
    £

    Stamp Duty is a tax paid on completion via your solicitor, the calculation includes the 3% surcharge for second homes.

  • Refurbishment Budget
    £ 4125
  • Survey Costs
    £ 400
  • Mortgage Fees
    £ 1,000

    Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Legal Fees
    £ 1,300

Adjust these figures

£

The refurbishment budget is set to 2.50% of the purchase price, but this will vary dependent on the suitability of the property for the rental market. Select a value that you feel is appropriate to the condition of the property.

£

This will vary between lenders, type of report and whether or not you are buying with a mortgage, for advice on which type of survey would be appropriate speak with an advisor from Preston Baker Financial Services.

£

Lenders will often charge a fees for the arrangement of a mortgage, for advice on what lenders may charge, speak with an advisor from Preston Baker Financial Services. Your home may be repossessed if you do not keep up repayments on your mortgage.

£

This is the sum of mortgage admin, land registry, search, bank transfer and any other fees incurred.

Purchase costs include assumed mortgage and survey costs which are estimated. For a quote contact a Preston Baker Financial Services mortgage advisor who can provide you with current and accurate information. The stamp duty calculation has applid the 3% stamp duty surcharge on the basis that this will be a second property.

Annual Costs

£ 6825
  • Mortgage Interest
    £

    The mortgage is assumed to be interest only. Your home may be repossessed if you do not keep up repayments on your mortgage.

  • Letting and Management Costs (Inc VAT)
    £
  • Letting Fee
    £
  • Maintenance
    £
  • Insurance
    £ 500
  • Ground Rent
    £ 0
  • Service Charge
    £ 0

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£
  %

This is the percentage of the rent that you will spend maintaining the property.

£

Ground Rent only applies to leasehold properties. This is an assumed ground rent, the confirmed figure can be found in the Property Information Questionnaire.

£

Service charge only applies to leasehold properties. The correct figure can found in the Property Information Questionnaire answered by the seller.

£

This is a standard, indicative figure only. Properties that have a service charge often have this included withing that charge. Please consult the Property Information Questionnaire for more information.

Total Profit

£
  • Final Equity Profit
    £

    Final Equity Profit = Final Property Value - Mortgage Required - Investment

  • Cumulative Rental Profit
    £

    Cumulative Rental Profit = Annual rental profit x Time of Investment

Adjust these figures

  %

This is the assumed rate of house price inflation.

Final Property Value

£

This is the property value at the end of the investment based on an assumed rate of % house price inflation.

Notes

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