2 Bed Flat, Single Let, Southend-on-Sea, SS2 6EB, £200,000

Victoria Avenue, Southend-on-Sea, Essex, SS2 6EB - a year ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£75K - £285K
Sold Prices/m²£2.1K/m² - £5.4K/m²

 

 

Square Metres

~67.60 m²
Price/m²£3K/m²

Value Estimate

£217,177
BMV9%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£12,700

Total Cash In

£62,700

 

 

Cash Out

 

Rent Range

£1,000 - £1,700

Rent Estimate

£1,147

Running Costs/mo

£874

Cashflow/mo

£273

Cashflow/yr

£3,271

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £285K, average is £206.5K. £2.1K/m² to £5.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£145K07/210.17 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.17 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£265K12/230.2 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.2 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£190K12/200.34 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£165K10/230.34 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£180K11/210.36 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£75K04/210.37 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£240K09/210.39 mi55, Shakespeare Drive, Westcliff-on-sea, Southend-on-sea SS0 9AA2
£220K03/230.4 mi126, East Street, Southend-on-sea SS2 5EE2
£150K06/210.42 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£200K11/210.42 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£187.5K07/210.45 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£180K08/230.45 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£235K10/230.46 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£248K08/230.46 mi180, East Street, Southend-on-sea SS2 5EA2
£177K07/210.47 mi30a, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DP2
£135K11/230.48 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£200K06/210.49 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£166.5K11/200.51 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£184.5K10/210.51 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.51 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£235K11/200.52 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£185K02/210.52 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£218K11/210.52 mi96a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£210K12/200.52 mi96, Ennismore Gardens, Southend-on-sea SS2 5RB2
£237.5K05/230.52 mi108a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£220K02/230.53 mi485a, Sutton Road, Southend-on-sea SS2 5PL2
£210K08/230.53 mi473b, Sutton Road, Southend-on-sea SS2 5PL2
£235K01/210.53 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£225K06/210.53 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£210K09/210.54 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£205K04/210.55 mi64, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DL2
£140.5K03/210.55 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£200K09/210.56 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£202.5K02/210.57 mi29, South Avenue, Southend-on-sea SS2 5JA2
£200K09/210.57 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£220K10/230.58 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£245K05/230.58 mi11a, Shakespeare Avenue, Westcliff-on-sea, Southend-on-sea SS0 0ST2
£244K06/210.58 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.58 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£200K11/210.6 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£208K03/230.6 mi158, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT2
£285K03/210.61 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£200K09/210.62 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£130K08/230.63 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.63 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£213K12/230.64 mi194, Fairfax Drive, Westcliff-on-sea, Southend-on-sea SS0 9BG2
£240.5K04/210.64 mi68a, Valkyrie Road, Westcliff-on-sea, Southend-on-sea SS0 8AP2
£250K09/210.64 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2

Local Rents

38 rents from £1K/mo to £1.7K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,50010/240 mi-2
£1,65002/250 mi-2
£1,40009/240 miVictoria Avenue, Southend-on-Sea2
£1,35003/240 miBeaumont Court2
£1,25003/240 miBeaumont Court, Southend-On-Sea2
£1,35009/240 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,45009/240 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,45009/240 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,35009/240 miBeaumont Court, Victoria Avenue2
£1,35009/240 miBeaumont Court, Victoria Avenue, Southend on Sea2
£1,45009/240 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240 miVictoria Avenue, Southend-on-Sea2
£1,27509/240.01 miBeaumont Court, - Victoria Avenue, Southend-On-Sea2
£1,45011/230.01 mi-2
£1,40009/240.02 mi-2
£1,55003/250.02 mi-2
£1,35011/240.03 mi-2
£1,50004/250.03 mi-2
£1,35002/250.03 mi-2
£1,35003/250.03 mi-2
£1,17502/250.04 miThe Pinnacle , 59 Victoria Avenue 2
£1,12509/240.04 miThe Pinnacle , Southend-On-Sea2
£1,25009/240.05 mi-2
£1,25008/240.05 mi-2
£1,25009/240.05 mi-2
£1,30011/240.06 mi-2
£1,32509/240.06 miThe Avenue, Southend-on-sea, Essex2
£1,32503/240.06 miThe Avenue, Southend-on-sea, Essex2
£1,00004/250.11 mi-2
£1,35009/240.12 miSweyne Avenue, Southend On Sea2
£1,28001/250.14 mi-2
£1,70009/240.18 mi-2
£1,40009/240.19 miVictoria Avenue, Southend on Sea, SS22
£1,50004/250.19 mi-2
£1,35002/250.19 mi-2
£1,25010/240.23 mi-2
£1,30009/240.24 miNorth Road, Westcliff On Sea2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.69 miles away

Nearest school

0.10 miles away

Nearest train station

0.28 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £200,000

March 19, 2024

Floor Plans

Description

  • Charming 2-bedroom flat +
  • Convenient location with transport links +
  • Open-plan layout creating spacious feel +
  • Modern kitchen with appliances +
  • Large bathroom for relaxation +
  • Generous double bedrooms +
  • Balcony for morning coffee/evening sunset +
  • Exclusive amenities: gym and concierge service +

Guide Price £200,000-£210,000

This charming 2-bedroom flat in good condition is now available for sale. Situated in a convenient location with public transport links and local amenities nearby, this property offers a comfortable and modern living space.

The flat features an open-plan layout, creating a spacious and airy feel throughout. The kitchen is equipped with modern appliances, making meal preparation a breeze. The property boasts a large bathroom, perfect for relaxation after a long day.

both bedrooms are generous double size, providing ample space for rest and relaxation. Additionally, the flat includes a balcony, ideal for enjoying a morning coffee or evening sunset.

Residents of this building can benefit from exclusive amenities such as a gym and a 24/7 concierge service, adding convenience and luxury to everyday living.

With an EPC rating of C, this flat offers both comfort and efficiency. Don't miss out on the opportunity to make this property your new home. Contact us today to arrange a viewing.

Agent Details

Leaders Sales, Southend-On-Sea

01702 967359

Next Steps?

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