2 Bed Flat, Single Let, Southend-on-Sea, SS2 6DQ, £210,000

Victoria Avenue, Southend-on-Sea, SS2 6DQ - 7 months ago

Leasehold
BTL
ROI: 4%
~68 m²
+9 photos

ValuationUndervalued

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

 

 

Square Metres

~68.11 m²
Price/m²£3.1K/m²

Value Estimate

£219,713
BMV5%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£13,400

Total Cash In

£65,900

 

 

Cash Out

 

Rent Range

£1,000 - £1,700

Rent Estimate

£1,088

Running Costs/mo

£894

Cashflow/mo

£194

Cashflow/yr

£2,330

ROI

4%

Gross Yield

6%

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 
£265K12/230.17 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.17 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£145K07/210.21 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.21 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£180K11/210.33 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£75K04/210.33 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£190K12/200.39 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£165K10/230.39 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£180K08/230.39 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£187.5K07/210.4 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£235K10/230.41 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£220K03/230.43 mi126, East Street, Southend-on-sea SS2 5EE2
£150K06/210.43 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£240K09/210.46 mi55, Shakespeare Drive, Westcliff-on-sea, Southend-on-sea SS0 9AA2
£166.5K11/200.46 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£200K11/210.46 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£185K02/210.47 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£248K08/230.48 mi180, East Street, Southend-on-sea SS2 5EA2
£235K01/210.49 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£135K11/230.5 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£140.5K03/210.5 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£210K09/210.5 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£220K10/230.52 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£200K09/210.52 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£177K07/210.52 mi30a, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DP2
£200K06/210.52 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£184.5K10/210.52 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.52 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£202.5K02/210.52 mi29, South Avenue, Southend-on-sea SS2 5JA2
£200K09/210.52 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£235K11/200.53 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£220K02/230.54 mi485a, Sutton Road, Southend-on-sea SS2 5PL2
£210K08/230.54 mi473b, Sutton Road, Southend-on-sea SS2 5PL2
£225K06/210.55 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£218K11/210.56 mi96a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£210K12/200.56 mi96, Ennismore Gardens, Southend-on-sea SS2 5RB2
£237.5K05/230.56 mi108a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£285K03/210.57 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£130K08/230.57 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.57 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£210K10/200.57 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£200K09/210.57 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£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
£205K04/210.6 mi64, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DL2
£210K12/230.64 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£245K05/230.65 mi11a, Shakespeare Avenue, Westcliff-on-sea, Southend-on-sea SS0 0ST2
£250K09/210.65 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£208K03/230.66 mi158, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT2

Local Rents

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

RentDateDistanceAddressBeds 
£1,32509/240.01 miThe Avenue, Southend-on-sea, Essex2
£1,32503/240.01 miThe Avenue, Southend-on-sea, Essex2
£1,12509/240.02 miThe Pinnacle , Southend-On-Sea2
£1,17502/250.03 miThe Pinnacle , 59 Victoria Avenue 2
£1,35011/240.03 mi-2
£1,50003/250.03 mi-2
£1,35002/250.03 mi-2
£1,35003/250.03 mi-2
£1,40009/240.04 mi-2
£1,55003/250.04 mi-2
£1,40009/240.06 miVictoria Avenue, Southend-on-Sea2
£1,35003/240.06 miBeaumont Court2
£1,25003/240.06 miBeaumont Court, Southend-On-Sea2
£1,35009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.06 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,35009/240.06 miBeaumont Court, Victoria Avenue2
£1,35009/240.06 miBeaumont Court, Victoria Avenue, Southend on Sea2
£1,45009/240.06 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.06 miVictoria Avenue, Southend-on-Sea2
£1,50010/240.06 mi-2
£1,45011/230.06 mi-2
£1,65002/250.06 mi-2
£1,27509/240.07 miBeaumont Court, - Victoria Avenue, Southend-On-Sea2
£1,30011/240.1 mi-2
£1,25009/240.11 mi-2
£1,25008/240.11 mi-2
£1,25009/240.11 mi-2
£1,70009/240.12 mi-2
£1,40009/240.12 miVictoria Avenue, Southend on Sea, SS22
£1,35009/240.14 miSweyne Avenue, Southend On Sea2
£1,00004/250.16 mi-2
£1,28001/250.16 mi-2
£1,50004/250.16 mi-2
£1,35002/250.16 mi-2
£1,45009/240.18 mi-2
£1,10009/240.25 miLondon Road, Westcliff-On-Sea2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.68 miles away

Nearest school

0.20 miles away

Nearest train station

0.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £210,000

April 5, 2025

Listed for £220,000

September 12, 2024

Floor Plans

Description

  • No Onward Chain +
  • Ample Off Street Parking +
  • Two Great Sized Double Bedrooms +
  • Superb Local Amenities +
  • Stones Throw from both Southend Victoria & Southend C2C Stations +
  • Road links to A127 +
  • Very Popular Block " The Avenue" +
  • Walking Distance To Southend City Centre +
  • Long Lease +
  • Balcony +

This two-bedroom apartment on Victoria Avenue, Southend-on-Sea, is now available for sale with no onward chain. It offers ample off-street parking and is situated in a very popular block known as "The Avenue". The property features a balcony and is furnished, making it ready for immediate occupation.

The apartment's location is highly convenient, being just a stone's throw from both Southend Victoria and Southend C2C stations. This makes commuting easy whether you are heading into the city or travelling elsewhere. Road links to the A127 add further convenience for those who drive.

The property boasts two great-sized double bedrooms and a spacious living area. Double glazing ensures comfort and energy efficiency throughout the year. The building also includes lift access and wide doorways, enhancing accessibility.

This apartment is within walking distance to Southend City Centre, offering superb local amenities and vibrant city life. With a long lease and permit parking available, this property is an excellent opportunity. Act quickly to secure this fantastic home by contacting us today.

Tenure: Leasehold
Council Tax Band: A

Agent Details

Gilbert & Rose, Leigh-on-sea

01702 967150

Next Steps?

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