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Video Presentation Inside -Investment Grand Parade, Leigh-On-Sea

PROPERTY TYPE

Apartment

BEDROOMS

8

BATHROOMS

8

SIZE

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TENURE
Describes how you own a property. There are different types of tenure - freehold, leasehold, and commonhold.Read more about tenure in our glossary page.

Freehold

Key features

  • BUSINESS OPPORTUNITY TO PURCHASE COMPANY
  • POTENTIAL TO SAVE £700,000 IN STAMP DUTY
  • BREATH TAKING SEA VIEWS
  • PRIVATE BALCONY
  • LIFT ACCESS
  • EXQUISITE FITTED KITCHENS WITH HIGH END APPLIANCES
  • STUNNING BATHROOM AND EN SUITE
  • CLOSE TO CHALKWELL AND LEIGH ON SEA TRAIN STATIONS
  • CLOSE TO LEIGH ON SEA HIGH STREET
  • CLOSE TO LEIGH ON SEA SEAFRONT, RESTAURANTS AND BARS

Description

The 4 remaining apartments can be purchased as an investment with good capital growth potential and with the freehold, for a fixed price £6.1m by way of share transfers, saving on Stamp Duty of circa £700,000 and owning an offshore company with substantial tax benefits. The properties can be rented out for approx £4,500 to £5,500 per month, circa £20,000 per month. Buying 100% of the shares of Executive & Waterside Properties Ltd, a Guernsey based company with many tax advantages.

The 4 remaining apartments can be purchased as an investment with good capital growth potential and with the freehold, for a fixed price £6.1m by way of share transfers, saving on Stamp Duty of circa £700,000 and owning an offshore company with substantial tax benefits. The properties can be rented out for approx £4,500 to £5,500 per month, circa £20,000 per month. Buying 100% of the shares of Executive & Waterside Properties Ltd, a Guernsey based company with many tax advantages.

Whilst Apartment 3 has been sold on a long lease for £1.65m, we still own the freehold and should an investor want to also purchase Apartment 3's lease so they own all 5 apartments in the building, then there is a strong possibility of the company buying back Apartment 3's lease.

The Guernsey company, Executive & Waterside Properties Ltd has built "Thames View", a very exclusive development of 5 luxury apartments, in Grand Parade, Leigh-on-Sea, SS9 1DX, the best in the Essex. Apartment 3 has sold at £1.65m. Each apartment has 3 beds, all en-suite, and average 1,500 sq.ft. All 5 apartments have 180 degrees panoramic sea views over the River Thames with views past Southend Pier and to Canary Wharf, some with over 40' wide balconies, and each apartment is very different.

Chalkwell station is a 2 minutes walk and 40 minutes to London City centre. London Southend Airport is a 10 minutes drive away.

There is a second to none basement car park, accessed via a car lift (the same as McLaren have in their Woking HQ), with a sliding turntable system, which takes your car to your designated double stacker. Each apartment has it's own stacker providing 2 car parking spaces, and you can remove the top car without moving the bottom car. All parking equipment has been designed for low slung cars and the stackers are wider and stronger than normal, taking 4x4s etc.

Located on the prestigious Grand Parade, this exceptional penthouse at Thames View offers a rare opportunity to experience luxury coastal living in one of Essex’s most desirable seaside towns. Positioned to enjoy uninterrupted views across the Thames Estuary, the property combines contemporary design with an enviable lifestyle, where expansive glass frontage and private balcony spaces allow natural light to flood the interior while framing breath taking sea views. Thames View is an exclusive collection of just five individually designed apartments, each finished to an exceptional standard and crafted to deliver a refined, contemporary living experience. With one residence already sold, the remaining homes present a rare opportunity to secure a property within this boutique development, where prices range from £1.25 million to £1.75 million.

Brochures

Video Presentation Inside -Investment Grand ParadeBrochure
COUNCIL TAXA payment made to your local authority in order to pay for local services like schools, libraries, and refuse collection. The amount you pay depends on the value of the property.Read more about council Tax in our glossary page.
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PARKINGDetails of how and where vehicles can be parked, and any associated costs.Read more about parking in our glossary page.
Yes
GARDENA property has access to an outdoor space, which could be private or shared.
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ACCESSIBILITYHow a property has been adapted to meet the needs of vulnerable or disabled individuals.Read more about accessibility in our glossary page.
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Energy performance certificate - ask agent

Video Presentation Inside -Investment Grand Parade, Leigh-On-Sea

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Affordability

Monthly repayments£30,692
Property: £ 6,100,000
Deposit: £ 610,000
Interest rate: 5.36%
Term: 30 years
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About Aspire Estate Agents, Benfleet

227 High Road, Benfleet, SS7 5HZ

Aspire Estate Agents foundations were set back in 2010 by directors Tony Fowler and Edward Wilding who still to this day have a hands on role every working day in the business located in a prominent detached office on Benfleet High Road. Understanding the market and moving with the times is what puts Aspire at the forefront of modern day estate agency. Using state of the art 3D virtual reality property tours, video presentations on Rightmove, modern social media marketing video campaigns and professionally edited photographs sourced via an independent specialist are just some of the examples why Aspire is recognised for achieving the very best prices for homes in the area. We live in a time where properties are viewed on HD screens via mobile phones, computers, Ipads and laptops, It comes as no surprise that the way you market and present your home has never been more important to maximise its value and return. The team behind the brand are fully experienced and knowledgeable combined with a friendly approach proving invaluable to sellers and buyers.

For a free no obligation valuation where we can demonstrate and discuss our marketing techniques with tailored strategies that will achieve the very best price for you property please call, email or come into our office for a coffee or tea.

When marketing matters, think Aspire.

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Disclaimer - Property reference 34979605. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Aspire Estate Agents, Benfleet. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

*This is the average speed from the provider with the fastest broadband package available at this postcode. The average speed displayed is based on the download speeds of at least 50% of customers at peak time (8pm to 10pm). Fibre/cable services at the postcode are subject to availability and may differ between properties within a postcode. Speeds can be affected by a range of technical and environmental factors. The speed at the property may be lower than that listed above. You can check the estimated speed and confirm availability to a property prior to purchasing on the broadband provider's website. Providers may increase charges. The information is provided and maintained by Decision Technologies Limited.
**This is indicative only and based on a 2-person household with multiple devices and simultaneous usage. Broadband performance is affected by multiple factors including number of occupants and devices, simultaneous usage, router range etc. For more information speak to your broadband provider.