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3 Bed Terraced House, Single Let, Southend-on-Sea, SS2 6RQ, £210,000

19 Carolines Close, Southend-on-Sea, Essex, SS2 6RQ - 4 views - 5 months ago

Sold STC
Auction
BTL
ROI: 9%
84 m²
+6 photos

ValuationUndervalued

Sold Prices£230K - £460K
Sold Prices/m²£2.6K/m² - £6.8K/m²

 

 

Square Metres

84 m²
Price/m²£2.5K/m²

Value Estimate

£252,000
BMV20%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£52,500

Stamp Duty & Legal Fees

£7,500

Total Cash In

£60,000

 

 

Cash Out

 

Rent Range

£950 - £5,000

Rent Estimate

£1,400

Running Costs/mo

£956

Cashflow/mo

£444

Cashflow/yr

£5,325

ROI

9%

Gross Yield

8%

Local Sold Prices

54 sold prices from £230K to £460K, average is £350K. £2.6K/m² to £6.8K/m², average is £3.8K/m².

PriceDateDistanceAddressBeds 
£267.5K07/210.08 mi150, Rochford Road, Southend-on-sea SS2 6TL3
£298K03/240.08 mi150, Rochford Road, Southend-on-sea SS2 6TL3
£298K03/240.08 mi150, Rochford Road, Southend-on-sea SS2 6TL3
£380K07/210.1 mi158, Manners Way, Southend-on-sea SS2 6QB3
£365K06/230.1 mi172, Manners Way, Southend-on-sea SS2 6QB3
£350K09/230.1 mi160, Manners Way, Southend-on-sea SS2 6QB3
£315K07/230.14 mi68, Oaken Grange Drive, Southend-on-sea SS2 6RD3
£230K06/210.17 mi32, Eastwoodbury Crescent, Southend-on-sea SS2 6XG3
£377K12/230.17 mi17, Eastwoodbury Crescent, Southend-on-sea SS2 6XG3
£330K03/210.18 mi32, Sherbourne Gardens, Prittlewell, Southend-on-sea SS2 6QE3
£253.5K03/210.18 mi116, Rochford Road, Southend-on-sea SS2 6SX3
£240K08/230.19 mi5, Keith Way, Southend-on-sea SS2 6SG3
£412K04/210.21 mi17, Keith Way, Southend-on-sea SS2 6SG3
£346K11/200.23 mi125, Manners Way, Southend-on-sea SS2 6QP3
£380K06/210.23 mi109, Manners Way, Southend-on-sea SS2 6QP3
£375K07/220.23 mi68, Manners Way, Southend-on-sea SS2 6PZ3
£315K03/240.23 mi114, Manners Way, Southend-on-sea SS2 6PZ3
£315K03/240.23 mi114, Manners Way, Southend-on-sea SS2 6PZ3
£362.5K11/210.23 mi25, Eastwoodbury Lane, Southend-on-sea SS2 6XE3
£330K09/230.25 mi81, Rochford Road, Southend-on-sea SS2 6SR3
£425K03/230.28 mi125, Thornford Gardens, Southend-on-sea SS2 6PX3
£235K09/230.28 mi137, Thornford Gardens, Southend-on-sea SS2 6PX3
£425K03/240.3 mi75, Wells Avenue, Southend-on-sea SS2 6XN3
£425K03/240.3 mi75, Wells Avenue, Southend-on-sea SS2 6XN3
£380K11/200.31 mi27, Thornford Gardens, Southend-on-sea SS2 6PU3
£327.5K12/200.31 mi10, Byrne Drive, Southend-on-sea SS2 6SE3
£250K09/210.32 mi62, Rochford Road, Southend-on-sea SS2 6SP3
£278K09/210.32 mi1, Hampton Close, Southend-on-sea SS2 6RY3
£340K11/210.32 mi9, Marlow Gardens, Southend-on-sea SS2 6RX3
£390K07/230.35 mi92, North Crescent, Prittlewell, Southend-on-sea SS2 6TJ3
£385K04/240.37 mi28, Larke Rise, Southend-on-sea SS2 6GQ3
£385K04/240.37 mi28, Larke Rise, Southend-on-sea SS2 6GQ3
£340K01/210.37 mi25, South Crescent, Southend-on-sea SS2 6TB3
£325K06/230.37 mi73, South Crescent, Southend-on-sea SS2 6TB3
£322.5K06/210.37 mi72, Hampton Gardens, Southend-on-sea SS2 6RU3
£343.5K07/230.37 mi78, Hampton Gardens, Prittlewell, Southend-on-sea SS2 6RU3
£387.5K06/210.38 mi10, Marina Close, Southend-on-sea SS2 6RR3
£427.5K08/230.39 mi15, Manners Way, Southend-on-sea SS2 6QW3
£350K08/230.39 mi33, Feeches Road, Southend-on-sea SS2 6TE3
£355K04/230.41 mi82, South Crescent, Southend-on-sea SS2 6TA3
£395K04/210.41 mi42, Manners Way, Southend-on-sea SS2 6PT3
£460K06/210.41 mi48, Manners Way, Southend-on-sea SS2 6PT3
£419K12/230.41 mi36, Manners Way, Southend-on-sea SS2 6PT3
£335K04/230.42 mi8, Hampton Gardens, Prittlewell, Southend-on-sea SS2 6RW3
£380K08/230.42 mi14, Hampton Gardens, Prittlewell, Southend-on-sea SS2 6RW3
£400K09/230.42 mi32, Hampton Gardens, Prittlewell, Southend-on-sea SS2 6RW3
£300K06/210.45 mi205, Southend Road, Rochford, Essex SS4 1JD3
£460K06/210.46 mi88, Prince Avenue, Southend-on-sea SS2 6NN3
£310K11/200.46 mi58, Prince Avenue, Southend-on-sea SS2 6NN3
£365K12/200.46 mi38, Prince Avenue, Southend-on-sea SS2 6NN3
£350K01/210.47 mi102, Mayfield Avenue, Southend-on-sea SS2 6NP3
£340K12/230.48 mi172, Prince Avenue, Westcliff-on-sea, Southend-on-sea SS0 0NW3
£320K05/230.48 mi4, Dolphins, Westcliff-on-sea, Southend-on-sea SS0 0LD3
£410K05/210.48 mi88, Mayfield Avenue, Southend-on-sea SS2 6NP3

Local Rents

46 rents from £950/mo to £5K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,20009/240.08 miAlton Gardens, Southend On Sea, Essex, SS23
£1,60009/240.36 miHampton Gardens, Southend-On-Sea, Essex, SS23
£1,85010/240.38 mi-3
£1,67501/250.63 mi-3
£1,65001/250.63 mi-3
£1,50009/240.64 miMill House, Westcliff-On-Sea, SS03
£1,60004/250.65 mi-3
£1,60003/250.65 mi-3
£1,60003/250.68 mi-3
£1,55012/240.69 mi-3
£1,55012/240.69 mi-3
£1,55003/250.69 mi-3
£1,55012/240.69 miSouthend Road, Rochford, SS43
£1,65009/240.73 miCarlingford Drive, Westcliff-on-Sea3
£1,65009/240.81 miSutton Road, Southend-On-Sea3
£1,50009/240.88 miCarlingford Drive, Westcliff-on-Sea3
£1,65009/240.89 miHighfield Grove, Westcliff On Sea3
£1,65011/240.9 mi-3
£1,65001/250.91 mi-3
£1,65002/240.97 mi-3
£1,70004/250.97 mi-3
£1,60007/241 mi-3
£1,72501/251.01 mi-3
£1,65001/251.01 mi-3
£1,60001/251.01 mi-3
£5,00002/241.02 mi-3
£1,30009/241.06 miShakespeare Drive, Westcliff-on-Sea3
£1,95004/251.06 mi-3
£1,74003/251.06 mi-3
£1,90011/231.07 mi-3
£1,60009/241.08 miWestcliff Park Drive, Westcliff-on-Sea3
£1,75007/241.08 mi-3
£1,57509/241.09 miWentworth Road, Southend-On-Sea, Essex, SS23
£1,60009/241.09 miBrightwell Avenue, Westcliff on sea, Westcliff on Sea, 3
£1,80009/241.09 miRamuz Drive, Westcliff-On-Sea, Essex, SS03
£1,39509/241.12 miHainault Avenue, Westcliff On Sea3
£1,59502/241.12 mi-3
£3,10009/241.12 mi-3
£1,70011/231.13 mi-3
£2,25009/241.14 miPrittlewell Chase, Westcliff On Sea3
£1,45009/241.14 miPenthouse, West Road, SS03
£1,80008/241.15 mi-3
£1,20009/241.16 miWenham Drive, Westcliff On Sea3
£1,60003/241.17 miTunbridge Road, Southend-on-Sea, Essex, SS23
£95009/241.18 mi-3
£1,50011/241.2 mi-3

Links

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

1.30 miles away

Nearest school

0.40 miles away

Nearest train station

0.45 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £210,000

November 13, 2024

Sold for £47,250

1998

Floor Plans

Description

  • Freehold +
  • Strictly by appointment with the Auctioneer +

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 4TH DECEMBER AT 12PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE.

RESIDENTAIL OPPORTUNITY: VACANT THREE BEDROOM MID-TERRACE HOUSE CLOSE TO SOUTHEND AIRPORT FOR OWNER OCCUPATION OR BUY TO LET INVESTORS.
This good sized three bedroom mid-terraced family house offers vacant possession and is considered suitable for both buy to let and owner occupation. The property is located close to the city centre, major rail links and London Southend Airport. The property was previuosly let at £1,400 p/c/m (£16,800 per annum).
Entrance Hall
Lounge 15'7 x 10'10
Kitchen 10'9 x 8'9
Cloakroom
First Floor Landing
Bedroom One 14'1>11'7 x 11'1 > 9'2
Bedroom Two 11'1 x 11'1 > 9'2
Bedroom Three 7'5 x 5'1
Bathroom/WC
Garden
The property was previously let at £1400pcm (£16,800 per annum)
D

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

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