2 Bed Flat, Single Let, Southend-on-Sea, SS1 1HP, £180,000

Cambridge Road, Southend On Sea, SS1 1HP - 3 views - 7 months ago

BTL
ROI: 7%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£135K - £710K
Sold Prices/m²£1.7K/m² - £8.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£223,200
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£10,200

Total Cash In

£55,200

 

 

Cash Out

 

Rent Range

£995 - £3,000

Rent Estimate

£1,113

Running Costs/mo

£805

Cashflow/mo

£308

Cashflow/yr

£3,695

ROI

7%

Gross Yield

7%

Local Sold Prices

50 sold prices from £135K to £710K, average is £235K. £1.7K/m² to £8.8K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£270K02/210.07 mi11a, Marine Avenue, Westcliff-on-sea, Southend-on-sea SS0 7PS2
£490K08/210.1 mi31, Westcliff Parade, Westcliff-on-sea, Southend-on-sea SS0 7QP2
£250K12/200.16 miFlat 10, Winton Hall, Westcliff Avenue, Westcliff-on-sea, Southend-on-sea SS0 7QT2
£278K02/230.23 mi12a, Milton Avenue, Westcliff-on-sea, Southend-on-sea SS0 7RF2
£220K06/210.24 mi17b, San Remo Parade, Westcliff-on-sea, Southend-on-sea SS0 7RD2
£200K11/210.24 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£250K03/210.25 mi21, Retreat Road, Westcliff-on-sea, Southend-on-sea SS0 7NN2
£244K06/210.26 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.26 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£285K03/210.27 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£185K02/210.28 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£175K03/210.29 miFlat 4, 82, Station Road, Westcliff-on-sea, Southend-on-sea SS0 7RQ2
£180K11/210.31 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£235K10/230.31 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£250K09/210.32 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£245K02/230.32 miFlat 50, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£235K11/200.33 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£245K01/210.33 miFlat 74, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£330K06/230.33 miFlat 34, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£166.5K11/200.33 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£330K01/230.34 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£170K12/200.34 mi11c, Palmeira Avenue, Westcliff-on-sea, Southend-on-sea SS0 7RP2
£184.5K10/210.34 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.34 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£461.4K02/210.35 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£150K06/210.35 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£135K11/230.36 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£187.5K07/210.37 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£375K06/210.4 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.4 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£180K08/230.4 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£225K06/210.42 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£265K12/230.46 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.46 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£710K01/210.5 mi1, Clifton Drive, Westcliff-on-sea, Southend-on-sea SS0 7SW2
£207.5K04/210.5 mi47, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HJ2
£213K01/240.51 mi18a, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HH2
£200K06/210.55 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£200K11/210.58 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£220K10/230.59 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£415K05/230.59 miFlat 1, Palm Court, The Leas, Westcliff-on-sea, Southend-on-sea SS0 7SU2
£240.5K04/210.6 mi68a, Valkyrie Road, Westcliff-on-sea, Southend-on-sea SS0 8AP2
£253.5K09/210.62 mi6, Finchley Road, Westcliff-on-sea, Southend-on-sea SS0 8AE2
£265K05/230.63 mi50, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AL2
£165K10/230.63 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£190K12/200.63 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£242K01/240.63 mi18, Satanita Road, Westcliff-on-sea, Southend-on-sea SS0 8DE2
£235K12/230.63 miGround Floor Flat, 13, Finchley Road, Westcliff-on-sea, Southend-on-sea SS0 8AD2
£205K05/210.64 mi46a, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AL2
£215K04/230.64 mi3, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AJ2

Local Rents

50 rents from £995/mo to £3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.05 miSt. Vincents Road, Westcliff-On-Sea2
£1,30001/240.06 mi-2
£3,00009/240.06 mi-2
£3,00009/240.06 mi-2
£2,70003/250.06 mi-2
£1,30009/240.09 miSt Vincents Road, Westcliff On Sea, Essex2
£1,45009/240.11 miWestward Ho, * Westcliff Seafront *, Westcliff Parade, Essex, SS02
£1,25009/240.12 miAvenue Road, Westcliff-on-Sea2
£99509/240.16 miWinton Hall, Westcliff Avenue, Westcliff-on-Sea, SS02
£1,45010/240.18 mi-2
£1,35004/250.18 mi-2
£1,45009/240.18 miWinton Avenue, Westcliff On Sea, SS02
£1,25009/240.21 mi27 Clifftown Parade, Southend-on-sea, SS12
£1,40001/240.22 mi-2
£1,30004/250.22 mi-2
£1,40004/250.23 mi-2
£1,40004/250.23 mi-2
£1,20009/240.23 mi-2
£1,20003/250.23 mi-2
£2,25011/240.24 mi-2
£1,40009/240.24 miPark Road, Westcliff-On-Sea2
£1,05009/240.25 mi-2
£1,19502/240.26 mi-2
£1,82007/240.26 mi-2
£1,69003/250.26 mi-2
£1,27509/240.28 miLondon Road, Southend-On-Sea2
£1,60011/240.28 mi-2
£1,25009/240.29 miLondon Road, Westcliff-on-Sea, SS12
£1,24503/250.29 mi-2
£1,25009/240.3 miLondon Road, Westcliff-on-Sea, SS12
£1,20002/240.32 miQueens Road, Southend-On-Sea2
£1,35009/240.34 miPalmeira Avenue, Westcliff-On-Sea2
£1,25002/240.34 mi-2
£1,30010/230.35 mi-2
£1,45004/250.35 mi-2
£1,15009/240.35 miBurdett Avenue, Westcliff On Sea, Essex2
£1,25009/240.35 miSt. Helens Road, Westcliff-on-Sea2
£1,25009/240.35 miAshburnham Road, Southend-On-Sea2
£1,55004/250.37 mi-2
£1,35009/240.37 miPalmeira Avenue, Westcliff-On-Sea2
£1,70009/240.37 miCambridge Road, Clifftown Conservation, SS12
£1,25009/240.37 miHolland Road, Westcliff-On-Sea, SS02
£1,19509/240.38 miBalmoral Court, 273 London Road, Westcliff On Sea2
£1,30009/240.39 miHolland Road, Westcliff-On-Sea2
£1,39509/240.39 miClifton Terrace, Southend-On-Sea2
£1,10009/240.39 miLondon Road, Westcliff-On-Sea2
£1,10009/240.4 mi-2
£1,40009/240.41 miClifton Terrace 2
£1,30004/250.41 mi-2
£1,45002/240.41 mi-2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

1.27 miles away

Nearest school

0.10 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 12, 2024

Description

  • SECURITY ENTRANCE +
  • ENTRANCE HALL +
  • L-SHAPED LOUNGE/DINER 155 X 125 +
  • MODERN FITTED KITCHEN +
  • TWO DOUBLE BEDROOMS +
  • BATHROOM/W.C WITH SHOWER +
  • UPVC DOUBLE GLAZED +
  • PRIVATE PARKING SPACE +
  • LAWNED COMMUNAL GARDENS +
  • CLOSE TO TOWN CENTRE AND MAINLINE STATION +

Located within close proximity of Southend City Centre, both mainline railway stations and seafront, this purpose built first floor two bedroom apartment. The property benefits from a private parking space, lawned communal gardens, and uPVC double glazing.

ACCOMMODATION COMPRISES:-
Glazed door leading to:-

COMMUNAL HALLWAY
Stairs to first floor. Entrance door leading to:-

ENTRANCE HALL
Built-in airing cupboard. Laminate flooring.

L-SHAPED LOUNGE/DINER - 15'5" (4.7m) x 12'5" (3.78m)
uPVC window to side elevation and uPVC window to rear with estuary glimpse. Artex ceiling.

FITTED KITCHEN - 8'3" (2.51m) x 6'2" (1.88m)
Fitted with units to both eye and base level and comprising of a one and a half bowl single drainer sink unit. Work surfaces to either side. Built-in oven and hob. Integrated fridge-freezer. Plumbing and space for washing machine. uPVC window to side elevation. Tiled floor.

BEDROOM ONE - 9'7" (2.92m) x 8'10" (2.69m)
uPVC double glazed window to side and front elevation. Mirror fronted built-in wardrobes. Laminate flooring.

BEDROOM TWO - 11'0" (3.35m) x 7'4" (2.24m)
Two uPVC double glazed windows to front elevation. Artex ceiling.

BATHROOM/W.C
White suite comprising panelled bath with shower over. Pedestal wash hand basin. Low level w.c. Extractor fan.

OUTSIDE
We understand the property benefits from a private parking space together with lawned communal gardens.

TENURE
Lease - TBA
Managing Agent - Dedman Property Management

Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.

Agent Details

Hopson Property Services, Southend On Sea

01702 967698

Next Steps?

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