2 Bed Flat, Single Let, Southend-on-Sea, SS1 1HB, £250,000

92b Alexandra Road, Southend On Sea, Essex, SS1 1HB - 6 months ago

Leasehold
BTL
ROI: 1%
~59 m²
+6 photos

ValuationOvervalued

Sold Prices£130K - £490K
Sold Prices/m²£1.6K/m² - £8.8K/m²

 

 

Square Metres

~59.18 m²
Price/m²£4.2K/m²

Value Estimate

£201,812

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£995 - £3,400

Rent Estimate

£1,100

Running Costs/mo

£1,021

Cashflow/mo

£79

Cashflow/yr

£945

ROI

1%

Gross Yield

5%

Local Sold Prices

50 sold prices from £130K to £490K, average is £216.5K. £1.6K/m² to £8.8K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£285K03/210.06 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£330K01/230.13 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£185K02/210.13 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£461.4K02/210.14 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£166.5K11/200.17 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£375K06/210.18 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.18 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£235K10/230.19 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£187.5K07/210.23 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£180K08/230.25 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£180K11/210.28 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£270K02/210.29 mi11a, Marine Avenue, Westcliff-on-sea, Southend-on-sea SS0 7PS2
£490K08/210.3 mi31, Westcliff Parade, Westcliff-on-sea, Southend-on-sea SS0 7QP2
£250K12/200.38 miFlat 10, Winton Hall, Westcliff Avenue, Westcliff-on-sea, Southend-on-sea SS0 7QT2
£220K10/230.39 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£200K11/210.44 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£244K06/210.45 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.45 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£265K12/230.45 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.45 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£278K02/230.45 mi12a, Milton Avenue, Westcliff-on-sea, Southend-on-sea SS0 7RF2
£220K06/210.46 mi17b, San Remo Parade, Westcliff-on-sea, Southend-on-sea SS0 7RD2
£250K03/210.46 mi21, Retreat Road, Westcliff-on-sea, Southend-on-sea SS0 7NN2
£150K06/210.48 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£235K11/200.5 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£175K03/210.51 miFlat 4, 82, Station Road, Westcliff-on-sea, Southend-on-sea SS0 7RQ2
£184.5K10/210.51 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.51 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£250K09/210.52 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£135K11/230.52 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£130K06/210.53 mi120a, York Road, Southend-on-sea SS1 2DJ2
£245K02/230.54 miFlat 50, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£245K01/210.54 miFlat 74, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£330K06/230.54 miFlat 34, Waters Edge, Shorefield Road, Westcliff-on-sea, Southend-on-sea SS0 7RH2
£170K12/200.56 mi11c, Palmeira Avenue, Westcliff-on-sea, Southend-on-sea SS0 7RP2
£170K09/230.56 mi111c, York Road, Southend-on-sea SS1 2DL2
£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
£225K06/210.59 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£198K05/230.59 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£230K12/220.59 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£210K12/230.63 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£148.5K06/210.67 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£245K01/230.67 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£140.5K03/210.68 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£200K06/210.7 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£207.5K04/210.7 mi47, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HJ2
£213K01/240.7 mi18a, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HH2
£200K11/210.71 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2

Local Rents

51 rents from £995/mo to £3.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,40004/250.01 mi-2
£1,40004/250.01 mi-2
£1,25009/240.08 mi27 Clifftown Parade, Southend-on-sea, SS12
£1,30010/230.13 mi-2
£1,45004/250.13 mi-2
£1,55004/250.15 mi-2
£1,45009/240.16 miWestward Ho, * Westcliff Seafront *, Westcliff Parade, Essex, SS02
£1,70009/240.16 miCambridge Road, Clifftown Conservation, SS12
£3,00009/240.16 mi-2
£3,00009/240.16 mi-2
£2,70003/250.16 mi-2
£1,30001/240.16 mi-2
£1,39509/240.18 miClifton Terrace, Southend-On-Sea2
£1,40009/240.19 miClifton Terrace 2
£1,45002/240.19 mi-2
£1,82007/240.2 mi-2
£1,69003/250.2 mi-2
£1,20009/240.22 mi-2
£1,20003/250.22 mi-2
£1,30009/240.22 miSt Vincents Road, Westcliff On Sea, Essex2
£1,20009/240.23 miSt. Vincents Road, Westcliff-On-Sea2
£1,30009/240.23 miRoyal Terrace, Top Floor Flat, Southend on Sea2
£1,25002/240.23 mi-2
£1,20009/240.25 miClifftown Road, Southend on Sea2
£1,20009/240.25 miPlaza Royal Mews, Royal Mews, Southend-On-Sea2
£1,25009/240.25 miAvenue Road, Westcliff-on-Sea2
£1,10009/240.25 miClifftown Road, Southend on Sea2
£1,25009/240.25 mi-2
£1,25009/240.25 mi-2
£1,20002/240.25 miQueens Road, Southend-On-Sea2
£1,88007/240.26 mi-2
£1,60002/250.26 miRoyal Mews, Southend-On-Sea2
£3,40009/240.26 mi-2
£1,88009/240.26 mi-2
£1,20009/240.27 miAlexandra Street, Southend-On-Sea2
£1,40009/240.27 miPark Road, Westcliff-On-Sea2
£1,10009/240.28 mi-2
£1,25009/240.28 miAshburnham Road, Southend-On-Sea2
£1,20009/240.29 miStation Approach, Southend-On-Sea, Essex, SS12
£2,99509/240.3 mi-2
£2,75407/240.3 mi-2
£1,40001/240.32 mi-2
£1,45009/240.32 miCollege Way, Southend-on-Sea2
£1,05002/240.33 miHigh Street, Southend-On-Sea, Essex, SS12
£1,37509/240.33 mi122-124 Ellaron Apartments, Flat 1, High Street, Southend-on-Sea2
£1,37509/240.34 mi122-124 Ellaron Apartments, Flat 5, High Street, Southend-on-Sea2
£1,10009/240.35 miLondon Road, Westcliff-On-Sea2
£1,25009/240.35 miLondon Road, Westcliff-on-Sea, SS12
£1,25009/240.36 miLondon Road, Westcliff-on-Sea, SS12
£99509/240.38 miWinton Hall, Westcliff Avenue, Westcliff-on-Sea, SS02
£1,10010/230.4 mi-2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

1.16 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Price changed to £250,000

February 16, 2025

Listed for £260,000

October 29, 2024

Floor Plans

Description

  • Located in the highly desirable Clifftown Conservation Area +
  • Charming period-style property with original character +
  • Two-bedroom FIRST FLOOR apartment +
  • Just a short stroll to the Cliff Gardens and seafront +
  • Close proximity to Southend Town Centre and the mainline railway station +
  • Situated in a sought-after Conservation Area +
  • Set on a picturesque tree-lined road +
  • Easy access to Southend Central Train Station and bus links +
  • Near popular local amenities, shops, and eateries +
  • Additional Opportunity: There is the option to purchase both the ground and first-floor apartments (arranged as a two-bedroom apartment), perfect for multigenerational living or to (truncated) +

Located in the highly desirable Southend Conservation Area, this is a fantastic opportunity to purchase a two-bedroom first-floor Victorian apartment. Set on an attractive tree-lined road, the property benefits from off-road parking at the front and is within walking distance of the seafront, transport links, and Southend Town Centre. There is also the option to purchase both the ground and first-floor apartments, both arranged as a two-bedroom apartment, offering an ideal solution for multigenerational living or the potential to convert into a two-storey dwelling.

Agent Details

Hunt Roche, Shoeburyness

01702 290900

Next Steps?

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