3 Bed Flat, Single Let, Southend-on-Sea, SS1 2LQ, £235,000

311C Whitegate Road, Southend-on-Sea - 7 views - 6 months ago

BTL
ROI: 5%
~93 m²
+4 photos

ValuationUndervalued

Sold Prices£165K - £455K
Sold Prices/m²£1.8K/m² - £4.9K/m²

 

 

Square Metres

~93 m²
Price/m²£2.5K/m²

Value Estimate

£285,142
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£8,250

Total Cash In

£67,000

 

 

Cash Out

 

Rent Range

£1,295 - £4,500

Rent Estimate

£1,300

Running Costs/mo

£1,014

Cashflow/mo

£286

Cashflow/yr

£3,428

ROI

5%

Gross Yield

7%

Local Sold Prices

41 sold prices from £165K to £455K, average is £250K. £1.8K/m² to £4.9K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£165K04/210.26 mi2a, Kilworth Avenue, Southend-on-sea SS1 2DT3
£200K01/210.3 mi3a, Kilworth Avenue, Southend-on-sea SS1 2DS3
£435K08/230.35 mi10, Clifftown Parade, Southend-on-sea SS1 1DP3
£210K10/230.35 mi170a, York Road, Southend-on-sea SS1 2DZ3
£210K04/210.47 mi195b, York Road, Southend-on-sea SS1 2RU3
£220K12/220.54 mi116a, Cambridge Road, Southend-on-sea SS1 1ER3
£250K06/230.67 mi20, Belle Vue Avenue, Southend-on-sea SS1 2QZ3
£382.5K04/230.68 mi14a, Trinity Avenue, Westcliff-on-sea, Southend-on-sea SS0 7PU3
£325K11/200.71 mi20, Ely Road, Southend-on-sea SS2 4EZ3
£220K09/210.77 mi5a, Wickford Road, Westcliff-on-sea, Southend-on-sea SS0 7NW3
£240K03/210.81 mi25a, Retreat Road, Westcliff-on-sea, Southend-on-sea SS0 7NN3
£197K04/230.84 mi151, Stornoway Road, Southend-on-sea SS2 4NX3
£245K02/230.84 mi157, Stornoway Road, Southend-on-sea SS2 4NX3
£368.5K04/230.86 mi5a, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NJ3
£215K11/200.86 mi9, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NJ3
£250K10/200.87 mi10, Brunswick Road, Southend-on-sea SS1 2UH3
£225K02/210.88 mi32b, Preston Road, Westcliff-on-sea, Southend-on-sea SS0 7ND3
£223K06/210.93 mi8, Gainsborough Drive, Westcliff-on-sea, Southend-on-sea SS0 9AJ3
£225K03/210.95 mi18a, Argyll Road, Westcliff-on-sea, Southend-on-sea SS0 7HN3
£265K07/211.12 mi12a, Britannia Road, Westcliff-on-sea, Southend-on-sea SS0 8BS3
£240K03/211.13 mi1a, Meteor Road, Westcliff-on-sea, Southend-on-sea SS0 8DF3
£260K06/211.14 mi66a, Cotswold Road, Westcliff-on-sea, Southend-on-sea SS0 8AB3
£255K11/211.15 mi11a, Palmerston Road, Westcliff-on-sea, Southend-on-sea SS0 7TA3
£270K08/231.16 mi8a, Satanita Road, Westcliff-on-sea, Southend-on-sea SS0 8DE3
£230K11/211.19 mi13a, Satanita Road, Westcliff-on-sea, Southend-on-sea SS0 8DD3
£280K06/231.29 mi59a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LW3
£280K06/231.29 mi59a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LW3
£300K04/211.33 mi34a, Whitefriars Crescent, Westcliff-on-sea, Southend-on-sea SS0 8EU3
£305K10/231.33 mi147a, Shaftesbury Avenue, Southend-on-sea SS1 3AL3
£230K07/211.34 mi151a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LS3
£455K11/201.35 mi33, Chelsworth Crescent, Southend-on-sea SS1 3EE3
£230K03/211.43 mi95, Electric Avenue, Westcliff-on-sea, Southend-on-sea SS0 9NL3
£197.5K09/211.44 mi110, Southview Drive, Westcliff-on-sea, Southend-on-sea SS0 9QD3
£235K02/211.54 mi115, Ronald Park Avenue, Westcliff-on-sea, Southend-on-sea SS0 9QP3
£250K04/211.56 mi142, Fleetwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9RF3
£260K08/211.58 mi747, London Road, Westcliff-on-sea, Southend-on-sea SS0 9ST3
£307.5K02/241.58 mi743a, London Road, Westcliff-on-sea, Southend-on-sea SS0 9ST3
£250K02/211.64 mi140, Fairmead Avenue, Westcliff-on-sea, Southend-on-sea SS0 9SB3
£436.5K06/211.68 mi66, Midhurst Avenue, Westcliff-on-sea, Southend-on-sea SS0 0NR3
£280K08/231.9 mi21, Martyns Grove, Westcliff-on-sea, Southend-on-sea SS0 9XX3
£380K01/231.96 mi102, Beach Avenue, Leigh-on-sea, Southend-on-sea SS9 1HB3

Local Rents

22 rents from £1.3K/mo to £4.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£3,29509/240.06 mi-3
£1,35002/240.19 miHigh Street, Southend-On-Sea, Essex, SS13
£1,35009/240.21 miHeygate Avenue, Southend-on-Sea3
£1,35009/240.21 miHeygate Avenue, Southend-On-Sea3
£1,80012/240.22 mi-3
£1,45009/240.26 miSt Leonards, Southend on Sea3
£1,65002/240.26 miGordon Road, Southend-On-Sea, Essex, SS13
£2,50002/250.3 mi-3
£1,70003/250.3 mi-3
£1,70011/240.35 mi-3
£2,60009/240.38 miAlexandra Road, Southend-On-Sea3
£1,75012/240.39 mi-3
£1,60009/240.4 miPark Street, Westcliff-on-sea, SS03
£1,60009/240.42 miCambridge Road, Southend-On-Sea3
£4,50009/240.44 mi-3
£4,40009/240.44 mi-3
£3,50012/240.44 mi-3
£1,30009/240.5 miBournemouth Park Road, Southend on Sea3
£1,70003/250.53 mi-3
£1,30009/240.56 miAlexandra Road, Southend-on-sea, SS13
£2,20009/240.58 mi-3
£1,29509/240.6 miTower Court, Westcliff Parade, Westcliff On Sea, Essex3

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.85 miles away

Nearest school

0.30 miles away

Nearest train station

0.16 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £235,000

October 8, 2024

Floor Plans

Description

  • No Onward Chain +
  • Share of Freehold +
  • First Floor Flat +
  • Long Lease +
  • Bay Fronted Lounge +
  • Three Bedrooms +
  • Three Piece Bathroom +
  • Communal Rear Garden +
  • Double Glazing +
  • Gas Central Heating +

*£235,000-£255,000* * No Onward Chain * Share of Freehold * Well presented first floor flat accommodating three bedrooms, a bay fronted lounge and a communal rear garden. Situated in the centre of Southend-on-Sea just a stones throw away from the high street, seafront, travel networks and more.

New to the market and boasting no onward chain is this well presented first floor flat which benefits from having a share of freehold, along with a long lease. Inside, the flat presents a large bay fronted lounge, a fully fitted kitchen, two double bedrooms, one single bedroom and a three piece bathroom. Extras include access to a communal rear garden, double glazing and gas central heating.

Whitegate Road is situated in the centre of Southend-on-Sea, just moments from the high street for favoured shops and eateries, bus connections and two major train lines to London. Also within the immediate area, you will find the picturesque seafront, schools and iconic parks.

Three Bedroom First Floor Flat -

Landing -

Lounge - 4.60m x 3.38m (15'1 x 11'1) -

Kitchen - 2.57m x 1.75m (8'5 x 5'9) -

Bedroom One - 3.63m x 3.51m (11'11 x 11'6) -

Bedroom Two - 3.45m x 3.43m (11'4 x 11'3) -

Bedroom Three - 2.77m x 1.78m (9'1 x 5'10) -

Bathroom - 2.46m x 1.45m (8'1 x 4'9) -

Communal Garden -

Double Glazing -

Gas Central Heating -

Agent Details

Bear Estate Agents, Southend-on-Sea

01702 967452

Next Steps?

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