2 Bed Flat, Single Let, Southend-on-Sea, SS1 2HF, £180,000

211 Albert Road, Southend-On-Sea - 3 views - 8 months ago

Leasehold
BTL
ROI: 4%
79 m²
+2 photos

ValuationUndervalued

Sold Prices£1 - £461.4K
Sold Prices/m²£0/m² - £5.4K/m²

 

 

Square Metres

78.79 m²
Price/m²£2.3K/m²

Value Estimate

£223,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£850 - £3,400

Rent Estimate

£959

Running Costs/mo

£774

Cashflow/mo

£185

Cashflow/yr

£2,216

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £1 to £461.4K, average is £197.5K. £0/m² to £5.4K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£230K12/220.08 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£170K09/230.09 mi111c, York Road, Southend-on-sea SS1 2DL2
£130K06/210.09 mi120a, York Road, Southend-on-sea SS1 2DJ2
£245K01/230.11 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£198K05/230.13 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£155K12/220.14 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£148.5K06/210.17 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£320K05/210.18 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£175K03/210.18 mi22, Marks Court, Southend-on-sea SS1 2RH2
£153K11/200.18 mi34, Marks Court, Southend-on-sea SS1 2RH2
£190K06/210.19 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£217.5K01/230.2 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£195.5K03/230.21 mi89, Marks Court, Southend-on-sea SS1 2RQ2
£210K12/230.22 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£189K03/210.23 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£130K08/230.26 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.26 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£175K08/210.28 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£197K12/200.28 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£197.5K12/230.28 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£220K10/230.31 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£220K03/230.41 mi51, Eastern Esplanade, Southend-on-sea SS1 2ES2
£140.5K03/210.43 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£200K06/210.43 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£330K09/210.43 mi111, Ambleside Drive, Southend-on-sea SS1 2UP2
£337K08/210.44 mi100, Victoria Road, Southend-on-sea SS1 2TF2
£103/210.44 mi31, Northumberland Avenue, Southend-on-sea SS1 2TH2
£200K03/210.45 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.45 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£375K06/210.46 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.46 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£240K11/210.48 mi3, Jetty Mews, Southend-on-sea SS1 2AG2
£200K02/210.5 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£461.4K02/210.5 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£180K08/230.51 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£330K01/230.51 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£220K01/230.52 mi28, Retort Close, Southend-on-sea SS1 2AQ2
£177K03/210.52 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.52 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£180K03/210.52 mi16a, Stromness Road, Southend-on-sea SS2 4JQ2
£177.5K11/200.52 mi131a, Brunswick Road, Southend-on-sea SS1 2UL2
£200K09/210.53 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£230K07/230.53 miFlat 15, Melville Court, Victoria Road, Southend-on-sea SS1 2TQ2
£192.5K06/210.53 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.53 mi39, Stromness Road, Southend-on-sea SS2 4JG2
£166.5K11/200.53 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£270K11/210.54 mi4, Bellevue Mews, Southend-on-sea SS2 4PE2
£187.5K07/210.54 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£192K04/210.55 mi21a, Kensington Road, Southend-on-sea SS1 2SX2
£290K06/230.55 mi45a, Kensington Road, Southend-on-sea SS1 2SX2
£200K09/210.56 mi70a, South Avenue, Southend-on-sea SS2 5JB2

Local Rents

50 rents from £850/mo to £3.4K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,25004/250.04 mi-2
£1,10008/240.04 mi-2
£1,15009/240.07 miYork Road, Southend-on-Sea2
£1,20009/240.07 miYork Road, Southend-On-Sea, Essex, SS12
£90010/240.08 mi-2
£99502/240.08 mi-2
£99509/240.08 mi-2
£1,10003/250.08 mi-2
£1,20009/240.09 miSouthchurch Avenue, Southend On Sea2
£1,30009/240.11 miSouthchurch Avenue, Southend-on-Sea, Essex, SS12
£1,29501/250.13 mi-2
£1,20004/250.14 mi-2
£1,20004/250.14 mi-2
£1,20002/250.14 miSeafront, Southend On Sea2
£1,50009/240.15 miFreemans Court, 1 Honiton Road, Southend On Sea, Essex, SS12
£1,50007/240.15 mi-2
£1,50008/240.15 mi-2
£1,55008/240.15 mi-2
£1,10002/240.16 mi-2
£85010/240.16 mi-2
£1,05002/250.16 mi-2
£1,60004/250.17 mi-2
£1,12508/240.18 mi-2
£1,00009/240.18 miSouthchurch Avenue, Southend-On-Sea2
£1,05001/250.19 mi-2
£1,10009/240.19 miClose To Seafront, Southend On Sea2
£1,20009/240.2 miHoniton Road, Southend-On-Sea2
£1,19503/250.2 mi-2
£1,00009/240.21 miMarks Court, Southend-On-Sea2
£1,30004/250.22 mi-2
£1,30011/240.23 mi-2
£1,30012/240.23 mi-2
£1,77509/240.26 miChurch Road, Southend-On-Sea, Essex, SS12
£1,80009/240.26 miChurch Road, Southend-On-Sea, Essex, SS12
£1,25009/240.29 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,40009/240.29 mi-2
£1,45004/250.29 mi-2
£1,25009/240.3 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,40009/240.3 miHighbanks, Southend on Sea2
£1,25009/240.3 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,00009/240.3 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,20003/250.31 mi-2
£1,10010/230.31 mi-2
£1,20009/240.31 miSouthchurch Avenue, Southend-On-Sea2
£2,99509/240.32 mi-2
£2,75407/240.32 mi-2
£1,10009/240.33 mi2 bedroom 1st Floor Flat in Southend on Sea2
£90009/240.33 miWarrior Square, Southend-on-sea2
£1,20009/240.34 miAlexandra Street, Southend-On-Sea2
£3,40009/240.35 mi-2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.98 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £180,000

September 3, 2024

Sold for £80,000

2004

Floor Plans

Description

  • Short walk to the train station +
  • Moments from the beachfront and town centre +
  • Redecorated interior and exterior +
  • New flooring throughout +
  • New boiler installed +
  • Three-piece bathroom suite +
  • Kitchen-diner +
  • Bay fronted lounge +
  • Two bedroom ground floor flat +
  • No onward chain +

* PRIVATE GARDEN * MOMENTS FROM TRAIN STATION, BEACHFRONT AND TOWN CENTRE * TWO BEDROOM GROUND FLOOR FLAT * REDECORATED INSIDE AND OUT * NEW FLOORING AND BOILER * This two bedroom ground floor flat is complete with a kitchen-diner, bay fronted lounge, two bright bedrooms, a three-piece bathroom and a private garden. The location is nearby to the train station, town centre, beachfront and Southend Pier and is close by to amenities and bus links. The property is offered with no onward chain and has a new boiler and carpets fitted.

Frontage - Completely redecorated exterior with rendered wall and a pathway leading to a communal front door.

Private Entrance Hall - Understairs storage cupboard, skirting and new carpet.

Lounge - 4.27m x 3.52m (14'0" x 11'6") - UPVC double glazed bay-fronted window, radiator, skirting and new carpet.

Kitchen-Diner - 3.43m x 2.77m (11'3" x 9'1") - UPVC doube glazed door and window to side aspect for garden access, kitchen units both wall-mounted and base level comprising; stainless steel sink and drainer with chrome mixer tap, space for appliances, new boiler installed, radiator, skirting and wood effect lino flooring.

Master Bedroom - 3.54m x 2.83m (11'7" x 9'3") - UPVC double glazed window to rear aspect, radiator, skirting and new carpet.

Second Bedroom - 3.01m x 2.65m (9'10" x 8'8") - UPVC double glazed window to rear aspect, radiator, skirting and new carpet.

Three-Piece Family Bathroom - 2.22m x 1.66m (7'3" x 5'5") - Obscured UPVC double glazed window to side aspect, three-piece suite comprising; low-level w/c, pedestal wash basin with chrome taps, bath with shower over, partially tiled walls, radiator, skirting and wood effect lino flooring.

Private Garden - Paved garden with new fencing all around.

Agent Details

Bear Estate Agents, Leigh-on-Sea

01702 967608

Next Steps?

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