2 Bed Flat, Single Let, Southend-on-Sea, SS2 4EE, £240,000

262 Central Avenue, Southend-on-sea, Southend-on-sea, SS2 4EE - 3 views - 7 months ago

Sold STC
Leasehold
BTL
55 m²
+7 photos

ValuationOvervalued

Sold Prices£75K - £330K
Sold Prices/m²£1.6K/m² - £5.1K/m²

 

 

Square Metres

55 m²
Price/m²£4.4K/m²

Value Estimate

£182,678

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£60,000

Stamp Duty & Legal Fees

£8,400

Total Cash In

£68,400

 

 

Cash Out

 

Rent Range

£950 - £4,250

Rent Estimate

£966

Running Costs/mo

£963

Cashflow/mo

£3

Cashflow/yr

£34

ROI

0%

Gross Yield

5%

Local Sold Prices

51 sold prices from £75K to £330K, average is £198K. £1.6K/m² to £5.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£209K12/200.01 mi262, Central Avenue, Southend-on-sea SS2 4EE2
£198K04/210.03 mi40a, Westbury Road, Southend-on-sea SS2 4DP2
£160K07/210.11 mi2a, Trinity Road, Southend-on-sea SS2 4HJ2
£195K12/200.16 mi118, Trinity Road, Southend-on-sea SS2 4HW2
£196K03/210.19 mi48b, Seaforth Grove, Southend-on-sea SS2 4EW2
£211K12/200.23 mi209a, Stornoway Road, Southend-on-sea SS2 4NJ2
£210K12/200.23 mi107, Rylands Road, Southend-on-sea SS2 4LL2
£220K12/220.24 mi18a, Ilfracombe Road, Southend-on-sea SS2 4PB2
£217K06/230.24 mi56, Lovelace Gardens, Southend-on-sea SS2 4NU2
£195K03/210.25 mi21a, Surbiton Road, Southend-on-sea SS2 4NR2
£179K06/210.26 mi30, Crossfield Road, Southend-on-sea SS2 4LS2
£192.5K06/210.26 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.26 mi39, Stromness Road, Southend-on-sea SS2 4JG2
£270K11/210.26 mi4, Bellevue Mews, Southend-on-sea SS2 4PE2
£177K03/210.27 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.27 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£180K03/210.28 mi16a, Stromness Road, Southend-on-sea SS2 4JQ2
£200K02/210.33 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£200K06/210.36 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£200K03/210.36 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.36 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£170K03/230.37 mi46, Eastcote Grove, Southend-on-sea SS2 4QB2
£210K12/200.39 mi51a, Eastcote Grove, Southend-on-sea SS2 4QA2
£192.5K10/230.4 mi15a, Lovelace Avenue, Southend-on-sea SS1 2QU2
£200K09/210.41 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£230K10/230.41 mi15a, Castleton Road, Southend-on-sea SS2 4UD2
£170K06/210.43 mi36a, Oakleigh Avenue, Southend-on-sea SS1 2QR2
£202.5K02/210.45 mi29, South Avenue, Southend-on-sea SS2 5JA2
£200K09/210.47 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£210K09/210.47 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£200K09/210.47 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£330K09/210.49 mi111, Ambleside Drive, Southend-on-sea SS1 2UP2
£235K01/210.49 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£197.5K12/230.53 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£175K08/210.53 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£140.5K03/210.56 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£197K12/200.57 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£189K03/210.58 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£177.5K11/200.6 mi131a, Brunswick Road, Southend-on-sea SS1 2UL2
£190K06/210.62 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£320K05/210.62 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£210K12/230.63 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£148.5K06/210.64 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£75K04/210.65 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£155K12/220.66 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£210K10/200.67 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£130K08/230.67 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.67 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£245K01/230.68 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£217.5K01/230.69 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£275K12/220.69 mi339, Bournemouth Park Road, Southend-on-sea SS2 5LQ2

Local Rents

39 rents from £950/mo to £4.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£2,65009/240.17 mi-2
£2,65009/240.17 miSouthend On Sea, Southend-On-Sea, SS22
£1,57503/250.17 mi-2
£99509/240.22 miRylands Road,2
£97509/240.26 miStromness Road, Southend-On-Sea, Essex, SS22
£95009/240.26 miHamstel Road, Southend-On-Sea2
£1,30009/240.31 mi-2
£97512/230.33 mi-2
£1,18509/240.35 miSouthchurch Road, Southend-on-Sea, Essex, SS1 2PW2
£1,10009/240.35 miSouthchurch Road, Southend-On-Sea2
£1,00009/240.38 miThe Courtyard, Southchurch Road2
£4,25002/240.39 mi-2
£3,75009/240.39 mi-2
£1,35010/230.39 mi-2
£95009/240.39 miBournemouth Park Road, Southend-On-Sea, Essex, SS22
£1,30009/240.39 mi-2
£1,45002/250.39 mi-2
£1,40012/240.39 mi-2
£1,35009/240.43 mi-2
£1,25007/240.45 mi-2
£1,57004/250.45 mi-2
£1,40009/240.45 miChase Court Gardens, Southend-on-Sea2
£1,20009/240.46 miNorth Avenue, Southend on - sea2
£1,10009/240.46 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,29508/240.46 mi-2
£1,10001/250.47 mi-2
£1,20003/250.49 mi-2
£1,20009/240.49 miSouthchurch Avenue, Southend-On-Sea2
£1,30002/240.49 miDalmatia Road, Southend-On-Sea, Essex, SS12
£1,40009/240.51 miHighbanks, Southend on Sea2
£1,40009/240.51 mi-2
£1,45004/250.51 mi-2
£1,10004/250.53 mi-2
£1,25009/240.54 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,25009/240.55 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,25009/240.55 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,30003/250.59 mi-2
£1,00009/240.61 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,20009/240.61 miHoniton Road, Southend-On-Sea2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.51 miles away

Nearest school

0.30 miles away

Nearest train station

0.47 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £240,000

September 18, 2024

Sold for £209,000

2020

Sold for £196,000

2018

Sold for £161,000

2016

Sold for £161,000

2016

Sold for £119,995

2006

Sold for £110,000

2004

Sold for £65,000

2003

Floor Plans

Description

  • No Onward Chain +
  • Ground Floor Flat +
  • Bay Fronted Open Plan Kitchen/Living Room +
  • Two Bedrooms +
  • Modern Three Piece Bathroom +
  • Plenty of Storage Space +
  • Private Rear Garden +
  • Spacious Garage +
  • Off-Street Parking for Two Vehicles +
  • Double Glazing and Gas Central Heating +

No Onward Chain * Good sized two bedroom ground floor flat comprising a bay fronted, open plan living space, a modern fitted kitchen, storage space, a private rear garden, a garage/office and off-street parking for two vehicles.

Bear Estate Agents are delighted to welcome to the market, with no onward chain, this well presented ground floor flat. Internally, the property accommodates a sizeable bay fronted, open plan kitchen/living room, one double bedroom, one single bedroom, a modern fitted bathroom and storage space. Further benefits include double glazing, gas central heating, direct access to a generous, private garden, a garage which is currently being used as an office type space and off-street parking for two vehicles.

Central Avenue is located in the heart of Southend-on-Sea, close to an abundance of local amenities, parks and schools. There are bus links within walking distance, along with access to Southend East Train Station, making the location perfect for commuters.

Two Bedroom Ground Floor Flat -

Communal Entrance -

Kitchen/Living Room - 5.54m x 5.16m (18'2 x 16'11) -

Bedroom One - 4.29m x 3.02m (14'1 x 9'11) -

Bedroom Two - 2.57m x 1.96m (8'5 x 6'5) -

Bathroom - 2.57m x 1.91m (8'5 x 6'3) -

Garden -

Garage - 6.10m x 2.84m (20'0 x 9'4) -

Off-Street Parking -

Agent Details

Bear Estate Agents, Southend-on-Sea

01702 967452

Next Steps?

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