3 Bed Terraced House, Single Let, Southend-on-Sea, SS0 0HE, £300,000

166 Mendip Crescent, Westcliff-on-sea, Southend-on-sea, SS0 0HE - 5 views - a year ago

BTL
ROI: 2%
83 m²
+3 photos

ValuationUndervalued

Sold Prices£212.5K - £605K
Sold Prices/m²£2.2K/m² - £6.6K/m²

 

 

Square Metres

83 m²
Price/m²£3.6K/m²

Value Estimate

£320,401
BMV7%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£75,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£87,700

 

 

Cash Out

 

Rent Range

£1,350 - £2,250

Rent Estimate

£1,420

Running Costs/mo

£1,242

Cashflow/mo

£179

Cashflow/yr

£2,142

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £212.5K to £605K, average is £362.5K. £2.2K/m² to £6.6K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£320K09/230.01 mi174, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HE3
£285K05/210.01 mi178, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HE3
£325K06/230.05 mi319, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0HA3
£305K04/210.05 mi305, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0HA3
£260K11/200.05 mi24, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£318K12/200.06 mi15, Elms Court, Westcliff-on-sea, Southend-on-sea SS0 0BF3
£212.5K10/230.06 mi2, Elms Court, Westcliff-on-sea, Southend-on-sea SS0 0BF3
£367K10/230.08 mi294, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0EZ3
£362.5K12/210.1 mi25, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£277.5K11/200.1 mi3, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£305K08/230.13 mi614, Prince Avenue, Westcliff-on-sea, Southend-on-sea SS0 0EX3
£325K02/210.13 mi12, Hurst Way, Leigh-on-sea, Southend-on-sea SS9 4BG3
£287K02/210.13 mi69, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HL3
£394K05/210.15 mi5, Kent Elms Close, Southend-on-sea SS2 6UB3
£315K05/230.16 mi25, Juniper Road, Leigh-on-sea, Southend-on-sea SS9 4BQ3
£305K02/230.17 mi76, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HN3
£335K03/230.17 mi72, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HN3
£282.5K04/210.2 mi87, Stonehill Road, Leigh-on-sea, Southend-on-sea SS9 4AX3
£302K08/230.2 mi19, Bruton Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HW3
£370K06/210.21 mi27, Dulverton Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HP3
£405K11/200.22 mi115, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0DX3
£420K03/210.22 mi101, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0DX3
£410K05/210.23 mi55, Rayleigh Road, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5UU3
£430K10/230.23 mi138, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0DS3
£380K06/230.23 mi6, Dulverton Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HR3
£320K06/210.23 mi39, Sandhurst Crescent, Leigh-on-sea, Southend-on-sea SS9 4AL3
£466K05/230.23 mi3, Sandhurst Crescent, Leigh-on-sea, Southend-on-sea SS9 4AL3
£380K11/230.28 mi45, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JD3
£425K12/200.28 mi16, Porlock Avenue, Westcliff-on-sea, Southend-on-sea SS0 0EA3
£390K09/230.29 mi28, Porlock Avenue, Westcliff-on-sea, Southend-on-sea SS0 0EA3
£302K12/200.31 mi46, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£340K03/210.31 mi38, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£330K11/200.31 mi44, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£407.5K09/210.32 mi5, Langport Drive, Westcliff-on-sea, Southend-on-sea SS0 0EB3
£440K09/230.32 mi7, Langport Drive, Westcliff-on-sea, Southend-on-sea SS0 0EB3
£320K12/230.33 mi20, Arterial Road, Leigh-on-sea, Southend-on-sea SS9 4DA3
£267.5K02/210.33 mi38, Arterial Road, Leigh-on-sea, Southend-on-sea SS9 4DA3
£425K06/210.34 mi87, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0DJ3
£323K11/230.36 mi15, Exford Avenue, Westcliff-on-sea, Southend-on-sea SS0 0DZ3
£450K03/210.36 mi6, Winsford Gardens, Westcliff-on-sea, Southend-on-sea SS0 0DP3
£450K03/210.36 mi6, Winsford Gardens, Westcliff-on-sea, Southend-on-sea SS0 0DP3
£362.5K02/230.37 mi99, Rayleigh Road, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5UZ3
£605K02/210.39 mi31, Winsford Gardens, Westcliff-on-sea, Southend-on-sea SS0 0DR3
£470K12/220.4 mi29, Orchard Side, Leigh-on-sea, Southend-on-sea SS9 5TT3
£410K07/230.4 mi87, Orchard Grove, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5TP3
£345K12/230.41 mi32, Avondale Drive, Leigh-on-sea, Southend-on-sea SS9 4HN3
£500K02/210.42 mi11, Yeovil Chase, Westcliff-on-sea, Southend-on-sea SS0 0EG3
£372.5K06/210.43 mi3a, Briarwood Drive, Leigh-on-sea, Southend-on-sea SS9 4LA3
£450K04/210.45 mi8, Apple Row, Leigh-on-sea, Southend-on-sea SS9 5TS3
£368K06/230.45 mi75, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0DJ3

Local Rents

38 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,90009/240.13 miPrince Avenue, Westcliff-on-Sea3
£1,79509/240.24 miBridgwater Drive, Westcliff On Sea3
£1,70009/240.36 miMountdale Gardens, Leigh-on-sea, SS93
£1,80008/240.45 mi-3
£1,70001/250.51 mi-3
£1,49509/240.65 miLeighwood Avenue, Leigh-on-Sea3
£1,60009/240.71 miWellstead Gardens, Westcliff on Sea3
£2,25009/240.73 miPrittlewell Chase, Westcliff On Sea3
£1,95007/240.73 mi-3
£1,39509/240.74 miBrookfields, Leigh-On-Sea3
£1,55009/240.78 miArterial Road, Leigh on Sea3
£1,65001/250.82 mi-3
£1,50009/240.85 miCarlingford Drive, Westcliff-on-Sea3
£1,90010/240.89 mi-3
£1,50009/240.92 miGrange Park Drive, Leigh on sea, Leigh on sea, 3
£1,89509/240.93 miRecreation Avenue, Leigh-On-Sea3
£1,67501/250.96 mi-3
£1,65001/250.96 mi-3
£1,59509/240.99 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,75009/241.02 mi-3
£1,35009/241.03 miWestbourne Grove, Westcliff-On-Sea3
£1,50009/241.05 miLeigh on Sea3
£1,85009/241.07 miStation Road, Leigh-on-Sea, SS93
£1,60009/241.1 miThe Fairway, Leigh-on-sea, SS93
£1,50009/241.1 miMill House, Westcliff-On-Sea, SS03
£1,60004/251.1 mi-3
£1,60004/251.1 mi-3
£1,50009/241.12 miHildaville Drive, Westcliff-On-Sea3
£1,55004/251.15 mi-3
£1,60009/241.16 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,85012/241.16 mi-3
£1,65009/241.17 miCarlingford Drive, Westcliff-on-Sea3
£1,59507/241.17 mi-3
£2,08010/241.2 mi-3
£1,50009/241.21 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£1,35011/231.24 mi-3
£1,65011/241.24 mi-3
£1,60007/241.24 mi-3

Local Area Statistics

Population in SS0

41,212

Population in Southend-on-Sea

106,129

Town centre distance

2.42 miles away

Nearest school

0.30 miles away

Nearest train station

1.56 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+63%

Sales demand

Balanced market

Capital growth (5yrs)

+18%

Property History

Listed for £300,000

March 8, 2024

Sold for £137,500

2006

Floor Plans

Description

"FOR BUY TO LET INVESTORS ONLY "  Abode are delighted to offer as SOLE agents this attractive THREE bedroom family mid terraced home offering a large light and airy lounge to the front, impressive fitted KITCHEN/diner to the rear, THREE good sized bedrooms to the first floor, refitted modern family BATHROOM, 50’ West facing garden

The property is situated within walking distance to local primary & secondary schools, close to nearby parks, bus routes, shops and other amenities. Under 2 miles to a variety of mainline train stations with links to London Liverpool & Fenchurch Street and just 2 miles from London Southend Airport with links across the UK & Europe.

More information call the abode’s sale team to arrange a viewing today.

* CURRENTY TENANTED - TENANTS IN SITU
* DOUBLE GLAZED WINDOWS THROUGHOUT
* FULL GAS RADIATOR CENTRAL HEATING
* LOUNGE AREA
* KITCHEN/BREAKFAST ROOM
* 3 BEDROOMS
* BATHROOM/WC
* 50’ REAR GARDEN

The ground floor accommodation comprises:

Recessed entrance area with obscure glazed door through to Lobby. Further obscure obscure glazed door with glazed side panel, leading through to

Entrance Hallway.
LOUNGE; 13'5 x 13'2 (4.09m x 4.01m) max. measurements. Double glazed window to the front. Radiator. Power points. TV point. Door through to

KITCHEN/DINER;  16'4 x 8'4 (4.98m x 2.54m) max. measurements.   Two double glazed windows to rear.  Fitted in a range of units to base and walls with laminated rolled edge wood style work surfaces over having inset polypropylene single drainer sink unit with mixer tap over.  Plumbing for automatic washing machine.  Tiled splashbacks.  Power points.  Radiator.  Textured ceiling. Gas point.

Door from Kitchen to passageway providing access through to the front of the property, and access via door at rear out to the garden. 
 
First Floor accommodation:

BEDROOM ONE;  11'5 (3.48m) plus door recess area, x 11'3 (3.43m). Double glazed window to the front.  Radiator.  Power points.  Telephone point.

BEDROOM TWO;  11'6 x 10'9 (3.51m x 3.28m) max reducing to 8'6 (2.59m).  Double glazed window to rear.  Radiator.  Power points.  Storage cupboard.

BATHROOM:  Obscure double glazed window to rear.  Two piece suite comprising Panelled Bath with Independent Aqua Shower fitment over, and Pedestal Wash Hand Basin.  Tiled surrounds. 

W.C.   Obscure double glazed window to rear.  Low level WC.  Part tiled walls.

BEDROOM THREE;  7'8 (2.34m) plus door recess x 6'6 (1.98m).  Double glazed window to front.  Storage cupboard.  Power points.

EXTERIOR;  Rear Garden approx. 50' in depth commencing with a coloured stone style patio area to the immediate rear with dwarf walled surround. The remainder being neatly tended and comprising of mainly lawn with various flowers and shrubs to borders.    The front of the property has a lawned area and pathway leading to the entrance area. 

EPC - C72

COUNCIL TAX - B

Agent Details

Abode, Covering Essex

01702 418793

Next Steps?

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