2 Bed Flat, Single Let, Southend-on-Sea, SS2 6EB, £220,000

Victoria Avenue, Southend-on-Sea, SS2 6EB - 3 views - 7 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+7 photos

ValuationFair Value

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

 

 

Square Metres

~68.11 m²
Price/m²£3.2K/m²

Value Estimate

£219,370

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£7,800

Total Cash In

£62,800

 

 

Cash Out

 

Rent Range

£1,000 - £1,700

Rent Estimate

£1,103

Running Costs/mo

£928

Cashflow/mo

£175

Cashflow/yr

£2,099

ROI

3%

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 
£145K07/210.18 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.18 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£265K12/230.19 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.19 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£75K04/210.34 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£180K11/210.36 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£190K12/200.37 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£165K10/230.37 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£220K03/230.4 mi126, East Street, Southend-on-sea SS2 5EE2
£240K09/210.43 mi55, Shakespeare Drive, Westcliff-on-sea, Southend-on-sea SS0 9AA2
£180K08/230.43 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£187.5K07/210.43 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£150K06/210.44 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£235K10/230.44 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£200K11/210.45 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£248K08/230.46 mi180, East Street, Southend-on-sea SS2 5EA2
£166.5K11/200.49 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£235K01/210.5 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£177K07/210.5 mi30a, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DP2
£135K11/230.5 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£185K02/210.51 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£210K09/210.51 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£200K06/210.52 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£140.5K03/210.52 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£220K02/230.52 mi485a, Sutton Road, Southend-on-sea SS2 5PL2
£210K08/230.52 mi473b, Sutton Road, Southend-on-sea SS2 5PL2
£218K11/210.53 mi96a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£210K12/200.53 mi96, Ennismore Gardens, Southend-on-sea SS2 5RB2
£237.5K05/230.53 mi108a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£184.5K10/210.53 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.53 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£200K09/210.53 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£235K11/200.54 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£202.5K02/210.54 mi29, South Avenue, Southend-on-sea SS2 5JA2
£200K09/210.54 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£220K10/230.55 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£225K06/210.55 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£205K04/210.58 mi64, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DL2
£200K09/210.59 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£244K06/210.59 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.59 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£130K08/230.6 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.6 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£285K03/210.6 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£210K10/200.6 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£200K11/210.61 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£245K05/230.62 mi11a, Shakespeare Avenue, Westcliff-on-sea, Southend-on-sea SS0 0ST2
£208K03/230.63 mi158, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT2
£250K09/210.66 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£240.5K04/210.67 mi68a, Valkyrie Road, Westcliff-on-sea, Southend-on-sea SS0 8AP2

Local Rents

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

RentDateDistanceAddressBeds 
£1,35011/240 mi-2
£1,50003/250 mi-2
£1,35002/250 mi-2
£1,35003/250 mi-2
£1,12509/240.02 miThe Pinnacle , Southend-On-Sea2
£1,40009/240.02 mi-2
£1,55003/250.02 mi-2
£1,17502/250.02 miThe Pinnacle , 59 Victoria Avenue 2
£1,32509/240.03 miThe Avenue, Southend-on-sea, Essex2
£1,32503/240.03 miThe Avenue, Southend-on-sea, Essex2
£1,45011/230.03 mi-2
£1,40009/240.03 miVictoria Avenue, Southend-on-Sea2
£1,35003/240.03 miBeaumont Court2
£1,25003/240.03 miBeaumont Court, Southend-On-Sea2
£1,35009/240.03 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,45009/240.03 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.03 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,45009/240.03 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,35009/240.03 miBeaumont Court, Victoria Avenue2
£1,35009/240.03 miBeaumont Court, Victoria Avenue, Southend on Sea2
£1,45009/240.03 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.03 miVictoria Avenue, Southend-on-Sea2
£1,50010/240.03 mi-2
£1,65002/250.04 mi-2
£1,27509/240.04 miBeaumont Court, - Victoria Avenue, Southend-On-Sea2
£1,25009/240.07 mi-2
£1,25008/240.07 mi-2
£1,25009/240.07 mi-2
£1,30011/240.09 mi-2
£1,00004/250.14 mi-2
£1,35009/240.14 miSweyne Avenue, Southend On Sea2
£1,70009/240.15 mi-2
£1,28001/250.16 mi-2
£1,40009/240.16 miVictoria Avenue, Southend on Sea, SS22
£1,50004/250.19 mi-2
£1,35002/250.19 mi-2
£1,45009/240.22 mi-2
£1,25010/240.27 mi-2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.67 miles away

Nearest school

0.10 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £220,000

September 23, 2024

Floor Plans

Description

  • Two double bedroom apartment +
  • Third floor +
  • Allocated off-street parking +
  • Long lease term +
  • Sought after development +
  • Lift access +
  • Residents gym and roof garden +
  • Stunning interiors throughout +
  • Central location close to amenities +
  • Walking distance of travel links into London +

220,000 - 240,000 Bear Estate Agents are exited to bring to the market this beautifully presented two double bedroom third floor flat positioned in the sought after Beaumont Court development in Southend City Centre. Benefitting from good sized accommodation and allocated off-street parking, whilst being positioned within walking distance of a wide range of amenities. The nearby Southend Victoria Train Station offers access into Central London via London Liverpool Street, whilst bus links are also easily accessible from the property. Southend High Street is a short stroll and presents a host of restaurants, shops and bars, whilst Southend Seafront is also easily accessible.

(Paragraph) - The development is accessed via a secure entry phone system and concierge service with full lift access. Internally the home has been presented in stunning condition throughout. Accessed via a sizeable and welcoming entrance hallway, the main living space comes in the form of an open plan lounge/kitchen/diner which opens onto a delightful balcony. Both bedrooms are of a good size, with the accommodation being concluded with a stylish three-piece bathroom. The property comes to the market with a long lease and one allocated off-street parking space. An internal viewing comes highly recommended.

Hall - 2.74m x 2.18m (9'0 x 7'2) -

Kitchen - 3.86m x 1.98m (12'8 x 6'6) -

Lounge/Diner - 4.72m x 3.86m (15'6 x 12'8) -

Bedroom One - 4.88m x 3.05m 1.52m (16' x 10' 5 ) -

Bedroom Two - 4.37m (max) x 3.05m (14'4 (max) x 10' ) -

Bathroom - 2.67m x 2.01m (8'9 x 6'7) -

Balcony -

Agent Details

Bear Estate Agents, Southend-on-Sea

01702 967452

Next Steps?

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