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2 Bed Flat, Cash/Bridging Only, Southend-on-Sea, SS1 2EB £170,000

Meridian Point, Southchurch Road, Southend on Sea, SS1 2EB - 2 years ago
  1. Deal Search
  2. Southend-on-sea
  3. SS1
  4. SS1 2EB
Leasehold
Cash
ROI: 4%
~59 m²

ValuationFair Value

This may not be accurate, please check manually.

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Links

  • More Deals in Southend-on-sea
  • More Deals in SS1
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  • More Cash/Bridging Only Deals in SS1

Property History

Listed for £170,000

February 2, 2024

Sold for £167,500

2017

Sold for £185,000

2006

Sold for £134,000

2006

Floor Plans

Description

  • 2 Spacious Bedrooms +
  • 4th Floor Apartment +
  • Secure Off-Street Parking +
  • Annual AST Rent £10,560 +
  • Modern Apartment +
  • Use of a Communal Lift +
  • Walk to Local Amenities +
  • Open-Plan Living Area +

CASH PURCHASE ONLY ... PACE are excited to offer this 2 DOUBLE bedroom fourth floor flat situated along the popular Southchurch Road. The property has a spacious open plan kitchen/living area with neutral soft carpets and large storage cupboard in the entrance hall and master bedroom. The kitchen is delightfully modern with white cupboards and a granite effect work top. Both bedrooms are double rooms with lovely neutral decor. The bathroom benefits from a modern 4 piece white suite with a large built in mirror with 1 rain shower and shower over the bath. Secure allocated parking from the rear and entry code to communal area, this property is one not to be missed.

The property is located a stones throw to the C2C line, a short walk into Southend town centre and the ever so popular Southend Seafront.

The property is currently let on an AST agreement producing an annual rent of £10,560 per annum.

Lounge / Kitchen
17' 1'' x 14' 0'' (5.20m x 4.26m)
Bedroom 1
11' 3'' x 11' 1'' (3.43m x 3.38m)
Bedroom 2
11' 1'' x 8' 4'' (3.38m x 2.54m)
Bathroom
8' 1'' x 6' 9'' (2.46m x 2.06m)
Off-Street Parking

Double Glazing Windows

Tenure
Leasehold Property

Length of Lease - 125 years from December 2003
Freeholder - Fairhold Holdings
Managing Agent - PACE Property Lettings and Management Ltd
Ground Rent - £250 per annum
Service Charge - approx. £3614 per annum

Please NOTE there is currently a Section 20 notice in place. The cost of these works are uncertain at present and prices are still being obtained. Costs will be divided between 74 flats.

Agent Details

PACE Property Lettings and Management Ltd, Southend-on-Sea

01702 967682

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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Investment Opportunity

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