2 Bed Flat, BMV, Southend-on-Sea, SS1 1LT, £155,000

51 Queens Road, Southend-on-Sea, Essex, SS1 1LT - 3 views - 5 months ago

Sold STC
Leasehold
Auction
BTL
ROI: 6%
47 m²
+2 photos

ValuationUndervalued











Cashflows



































Property History

Listed for £155,000

November 13, 2024

Sold for £85,000

2004

Sold for £25,000

1997

Floor Plans

Description

  • Share of 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.

BUY TO LET INVESTMENT: TWO BEDROOM GROUND FLOOR FLAT WITH GARDEN IN THE CITY CENTRE AND CURRENTLY LET ON AN ASSURED SHORTHOLD TENANCY
A ground floor two bedroom flat situated in the City centre and close to Southend Central & Victoria main line railway stations and the High Street. The property is currently let on an Assured Shorthold Tenancy agreement with a monthly rent of £900 (£10,800 per annum). It is considered that the current rental figure is below market value.
Communal entrance
Lounge 13'5 x 9'9
Kitchen 9'7 x 5'2
Bedroom One 14'8 x 11'1
Bedroom Two 12'2 x 9'2
Bathroom
Own rear garden
Good Lease
We are advised that the property is let for £900 per month (£10,800 per annum)
199 years from 24th June 1981 with 155 years remaining
We are advised by the letting agent that the current tenant is on a periodic contract
C

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

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