2 Bed Flat, Single Let, Southend-on-Sea, SS1 2WU, £190,000

Chase Court Gardens, Southend-on-Sea, Essex, SS1 2WU - 1 views - 5 months ago

Sold STC
Leasehold
BTL
ROI: 3%
~51 m²
+5 photos

ValuationOvervalued

Sold Prices£1 - £337K
Sold Prices/m²£0/m² - £5.1K/m²

 

 

Square Metres

~50.82 m²
Price/m²£3.7K/m²

Value Estimate

£161,089

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£900 - £2,250

Rent Estimate

£975

Running Costs/mo

£809

Cashflow/mo

£166

Cashflow/yr

£1,995

ROI

3%

Gross Yield

6%

Local Sold Prices

51 sold prices from £1 to £337K, average is £197K. £0/m² to £5.1K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£330K09/210.1 mi111, Ambleside Drive, Southend-on-sea SS1 2UP2
£197.5K12/230.11 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£175K08/210.11 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£197K12/200.12 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£189K03/210.15 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£200K06/210.16 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£180K03/210.17 mi16a, Stromness Road, Southend-on-sea SS2 4JQ2
£270K11/210.19 mi4, Bellevue Mews, Southend-on-sea SS2 4PE2
£190K06/210.19 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£192.5K06/210.2 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.2 mi39, Stromness Road, Southend-on-sea SS2 4JG2
£320K05/210.21 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£177K03/210.22 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.22 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£192.5K10/230.24 mi15a, Lovelace Avenue, Southend-on-sea SS1 2QU2
£217.5K01/230.24 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£200K03/210.24 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.24 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£155K12/220.25 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£220K12/220.25 mi18a, Ilfracombe Road, Southend-on-sea SS2 4PB2
£177.5K11/200.27 mi131a, Brunswick Road, Southend-on-sea SS1 2UL2
£148.5K06/210.27 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£200K02/210.28 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£245K01/230.28 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£217K06/230.3 mi56, Lovelace Gardens, Southend-on-sea SS2 4NU2
£195K03/210.33 mi21a, Surbiton Road, Southend-on-sea SS2 4NR2
£210K12/230.33 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£160K07/210.34 mi2a, Trinity Road, Southend-on-sea SS2 4HJ2
£170K06/210.34 mi36a, Oakleigh Avenue, Southend-on-sea SS1 2QR2
£198K05/230.36 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£230K12/220.37 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£337K08/210.37 mi100, Victoria Road, Southend-on-sea SS1 2TF2
£195.5K03/230.38 mi89, Marks Court, Southend-on-sea SS1 2RQ2
£170K09/230.39 mi111c, York Road, Southend-on-sea SS1 2DL2
£210K10/200.4 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£175K03/210.4 mi22, Marks Court, Southend-on-sea SS1 2RH2
£153K11/200.4 mi34, Marks Court, Southend-on-sea SS1 2RH2
£130K08/230.4 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.4 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£198K04/210.43 mi40a, Westbury Road, Southend-on-sea SS2 4DP2
£195K12/200.43 mi118, Trinity Road, Southend-on-sea SS2 4HW2
£140.5K03/210.43 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£130K06/210.43 mi120a, York Road, Southend-on-sea SS1 2DJ2
£103/210.43 mi31, Northumberland Avenue, Southend-on-sea SS1 2TH2
£200K09/210.44 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£200K09/210.44 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£211K12/200.46 mi209a, Stornoway Road, Southend-on-sea SS2 4NJ2
£209K12/200.46 mi262, Central Avenue, Southend-on-sea SS2 4EE2
£200K09/210.46 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£202.5K02/210.47 mi29, South Avenue, Southend-on-sea SS2 5JA2
£240K11/210.51 mi3, Jetty Mews, Southend-on-sea SS1 2AG2

Local Rents

49 rents from £900/mo to £2.3K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£1,25007/240 mi-2
£1,40009/240.01 miChase Court Gardens, Southend-on-Sea2
£1,35010/230.09 mi-2
£1,45002/250.1 mi-2
£1,40012/240.1 mi-2
£1,10009/240.14 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,20003/250.18 mi-2
£1,20009/240.18 miHoniton Road, Southend-On-Sea2
£97509/240.19 miStromness Road, Southend-On-Sea, Essex, SS22
£1,20009/240.2 miSouthchurch Avenue, Southend-On-Sea2
£1,30009/240.21 mi-2
£1,40009/240.22 mi-2
£1,45004/250.22 mi-2
£1,40009/240.22 miHighbanks, Southend on Sea2
£1,60004/250.22 mi-2
£1,10009/240.24 miClose To Seafront, Southend On Sea2
£1,19503/250.27 mi-2
£1,35009/240.27 mi-2
£1,50009/240.28 miFreemans Court, 1 Honiton Road, Southend On Sea, Essex, SS12
£1,30003/250.28 mi-2
£97512/230.28 mi-2
£1,25009/240.28 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,20002/250.29 miSeafront, Southend On Sea2
£1,25009/240.29 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,18509/240.29 miSouthchurch Road, Southend-on-Sea, Essex, SS1 2PW2
£1,20004/250.29 mi-2
£1,20004/250.29 mi-2
£1,25009/240.29 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,05002/250.3 mi-2
£1,10002/240.3 mi-2
£1,30009/240.3 miSouthchurch Avenue, Southend-on-Sea, Essex, SS12
£99502/240.3 mi-2
£99509/240.3 mi-2
£1,10003/250.3 mi-2
£1,20009/240.31 miSouthchurch Avenue, Southend On Sea2
£1,20009/240.31 miYork Road, Southend-On-Sea, Essex, SS12
£1,00009/240.32 miThe Courtyard, Southchurch Road2
£1,39509/240.32 miWoodgrange Drive, Southend-On-Sea2
£1,40007/240.32 mi-2
£1,30011/240.32 mi-2
£1,30012/240.32 mi-2
£1,10009/240.33 miSouthchurch Road, Southend-On-Sea2
£90010/240.33 mi-2
£1,29508/240.33 mi-2
£1,15009/240.34 miYork Road, Southend-on-Sea2
£2,25004/250.35 mi-2
£1,10008/240.36 mi-2
£1,00009/240.37 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,00009/240.38 miMarks Court, Southend-On-Sea2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.80 miles away

Nearest school

0.10 miles away

Nearest train station

0.15 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £190,000

November 1, 2024

Floor Plans

Description

  • No onward chain +
  • Recently renovated +
  • Off street gated parking +
  • Communal garden +
  • Walking distance to Southend East Train station +
  • Close to Southend Sea front +

NO ONWARD CHAIN

Presenting for sale, this immaculate two-bedroom flat, located in the desirable Southchurch village. This property is within a comfortable walking distance to the Southend East train station, making it ideal for commuters. The excellent public transport links and proximity to local schools make this flat the perfect choice for first-time buyers or buy to let investors.

The property boasts a generous reception room, recently refurbished to an exceptional standard. Its large size offers ample space for dining and relaxation. The kitchen is a testament to contemporary design, having been recently refurbished and benefiting from an abundance of natural light.

This flat offers two spacious double bedrooms, both newly refurbished. The rooms are well-proportioned, offering plenty of space for furnishings. The large bathroom, also newly refurbished, complements the overall high standard of this property.

One of the unique features of this property is the gated allocated parking, providing an extra level of security for your vehicle. In addition, the property benefits from a communal garden, a perfect spot for relaxation and enjoying the outdoors.

Lastly, the property is conveniently situated close to the seafront, providing an opportunity for leisurely walks and access to a range of amenities.

With its modern fittings, unique features, and excellent location, this flat is a fantastic opportunity not to be missed.

Agent Details

Leaders Sales, Southend-On-Sea

01702 967359

Next Steps?

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