4 Bed Terraced House, Single Let, Southend-on-Sea, SS2 6PF, £180,000

47 Jones Close, Southend-on-Sea, Essex, SS2 6PF - 4 views - 5 months ago

Sold STC
Auction
BTL
ROI: 11%
84 m²
+7 photos

ValuationUndervalued

Sold Prices£232.5K - £685K
Sold Prices/m²£1.9K/m² - £6K/m²

 

 

Square Metres

84.30 m²
Price/m²£2.1K/m²

Value Estimate

£221,400
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£45,000

Stamp Duty & Legal Fees

£6,600

Total Cash In

£51,600

 

 

Cash Out

 

Rent Range

£950 - £5,000

Rent Estimate

£1,300

Running Costs/mo

£843

Cashflow/mo

£458

Cashflow/yr

£5,490

ROI

11%

Gross Yield

9%

Local Sold Prices

51 sold prices from £232.5K to £685K, average is £402.5K. £1.9K/m² to £6K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£685K06/210.12 mi27, Earls Hall Avenue, Southend-on-sea SS2 6PB4
£450K02/210.14 mi497, Victoria Avenue, Southend-on-sea SS2 6NL4
£610K07/230.19 mi17, Mayfield Avenue, Southend-on-sea SS2 6NY4
£525K07/230.23 mi30, Parkstone Drive, Southend-on-sea SS2 6NX4
£522K05/230.24 mi118, Prittlewell Chase, Westcliff-on-sea, Southend-on-sea SS0 0RD4
£510K12/220.24 mi116, Prittlewell Chase, Westcliff-on-sea, Southend-on-sea SS0 0RD4
£392K06/210.26 mi24, Hill Road, Southend-on-sea SS2 6JT4
£560K02/230.26 mi11, Hill Road, Southend-on-sea SS2 6JT4
£410K05/210.27 mi40, Highfield Grove, Westcliff-on-sea, Southend-on-sea SS0 0TE4
£521K05/230.28 mi54, Hobleythick Lane, Westcliff-on-sea, Southend-on-sea SS0 0RH4
£537K07/220.29 mi34, Regency Green, Southend-on-sea SS2 6LU4
£375K12/200.29 mi17, Hobleythick Lane, Westcliff-on-sea, Southend-on-sea SS0 0RP4
£485K03/240.3 mi33, Priory Crescent, Southend-on-sea SS2 6JY4
£350K02/210.31 mi23, Edith Road, Southend-on-sea SS2 6JU4
£435K12/230.31 mi3, Edith Road, Southend-on-sea SS2 6JU4
£490K09/230.31 mi25, Highfield Gardens, Westcliff-on-sea, Southend-on-sea SS0 0SY4
£378K06/210.31 mi44, Prince Avenue, Southend-on-sea SS2 6NN4
£435K02/210.33 mi37, Prince Avenue, Southend-on-sea SS2 6RL4
£550K07/220.33 mi15, Prince Avenue, Southend-on-sea SS2 6RL4
£430K06/210.35 mi80, Prince Avenue, Southend-on-sea SS2 6NN4
£335K01/210.38 mi47, Priory Avenue, Southend-on-sea SS2 6LA4
£385K03/210.38 mi33, Priory Avenue, Southend-on-sea SS2 6LA4
£405K05/230.38 mi111, Silverdale Avenue, Westcliff-on-sea, Southend-on-sea SS0 9BB4
£350K02/210.4 mi57, Hampton Gardens, Prittlewell, Southend-on-sea SS2 6RT4
£350K09/210.4 mi115, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DS4
£450K08/210.4 mi70, Henley Crescent, Westcliff-on-sea, Southend-on-sea SS0 0NT4
£450K08/210.4 mi70, Henley Crescent, Westcliff-on-sea, Southend-on-sea SS0 0NT4
£360K03/240.4 mi75, Inverness Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DU4
£460K01/230.41 mi35, Carlton Avenue, Westcliff-on-sea, Southend-on-sea SS0 0QN4
£405K06/210.41 mi84, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT4
£368K11/210.44 mi5, Marlow Gardens, Southend-on-sea SS2 6RX4
£597.5K11/220.46 mi72, Henley Crescent, Westcliff-on-sea, Southend-on-sea SS0 0NT4
£323K03/210.46 mi153, Beedell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9JW4
£334K02/230.47 mi25, Byrne Drive, Southend-on-sea SS2 6SD4
£365K12/200.47 mi154, Beedell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9JP4
£440K06/210.51 mi15, Larke Rise, Southend-on-sea SS2 6GQ4
£400K01/210.51 mi63, Ennismore Gardens, Southend-on-sea SS2 5RA4
£320K01/240.51 mi10, Thornford Gardens, Southend-on-sea SS2 6PU4
£390K01/210.52 mi6, Tunbridge Road, Southend-on-sea SS2 6LT4
£350K12/230.54 mi48, Rochford Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DT4
£232.5K12/220.56 mi25, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS4
£267K01/240.56 mi163, North Road, Westcliff-on-sea, Southend-on-sea SS0 7AF4
£382K12/230.57 mi97, Beedell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9JR4
£350K07/230.57 mi337, Fairfax Drive, Westcliff-on-sea, Southend-on-sea SS0 9LZ4
£350K07/230.57 mi337, Fairfax Drive, Westcliff-on-sea, Southend-on-sea SS0 9LZ4
£402.5K11/230.58 mi21, Oakhurst Road, Southend-on-sea SS2 5DT4
£497K10/220.58 mi85, Electric Avenue, Westcliff-on-sea, Southend-on-sea SS0 9NL4
£375K12/200.59 mi27, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DJ4
£400K02/210.59 mi82, Keith Way, Southend-on-sea SS2 6SQ4
£575K05/230.6 mi81, Boston Avenue, Southend-on-sea SS2 6JF4
£385K12/230.61 mi18, Hainault Avenue, Westcliff-on-sea, Southend-on-sea SS0 9HB4

Local Rents

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

RentDateDistanceAddressBeds 
£1,65009/240.26 miHighfield Grove, Westcliff On Sea3
£2,20009/240.27 miVictoria Avenue, Southend-On-Sea, SS24
£5,00002/240.3 mi-3
£1,30009/240.3 miShakespeare Drive, Westcliff-on-Sea3
£1,74003/250.33 mi-3
£1,95004/250.33 mi-3
£1,65002/240.33 mi-3
£1,70004/250.33 mi-3
£1,72501/250.34 mi-3
£1,75007/240.35 mi-3
£1,65009/240.35 miCarlingford Drive, Westcliff-on-Sea3
£1,65011/240.36 mi-3
£1,60003/250.37 mi-3
£3,10009/240.38 mi-3
£2,20004/250.38 mi-4
£1,85004/250.39 mi-4
£1,65001/250.39 mi-3
£1,60001/250.39 mi-3
£1,45009/240.39 miPenthouse, West Road, SS03
£1,59502/240.41 mi-3
£1,60003/250.42 mi-3
£1,60004/250.42 mi-3
£1,20009/240.42 miWenham Drive, Westcliff On Sea3
£1,50009/240.42 miMill House, Westcliff-On-Sea, SS03
£1,60009/240.43 miHampton Gardens, Southend-On-Sea, Essex, SS23
£1,60009/240.43 miBrightwell Avenue, Westcliff on sea, Westcliff on Sea, 3
£1,60007/240.43 mi-3
£95009/240.43 mi-3
£1,39509/240.44 miHainault Avenue, Westcliff On Sea3
£1,80009/240.47 miRamuz Drive, Westcliff-On-Sea, Essex, SS03
£3,00001/250.48 mi-3
£1,60009/240.49 miWestcliff Park Drive, Westcliff-on-Sea3
£1,60003/240.5 miTunbridge Road, Southend-on-Sea, Essex, SS23
£1,85010/240.52 mi-3
£1,50011/240.54 mi-3
£1,60009/240.57 miInverness Avenue, Westcliff-On-Sea, Essex, SS04
£1,52009/240.58 miHainault Avenue, Westcliff-On-Sea3
£1,67501/250.58 mi-3
£1,65001/250.58 mi-3
£1,70003/250.6 mi-4
£1,30009/240.61 miHainault Avenue, Westcliff-On-Sea3

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.92 miles away

Nearest school

0.20 miles away

Nearest train station

0.48 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £180,000

November 20, 2024

Description

FOR SALE BY PUBLIC AUCTION ON THURSDAY 12TH DECEMBER AT 3.00PM.

Livestreamed via the Hair & Son website.

Bidding available by telephone, proxy and online.

RENTAL INCOME OF £27,600 PER ANNUM

This Freehold house is let on a company basis at a rent of £27,600 per annum. Four rooms are used as bedrooms and there may be scope to convert the garage to a 5th bedroom subject to obtaining the relevant consents and permissions. The property is of Non-Standard Construction and is located close to Priory Park, local Schools and transport links.

Entrance Hall
G.F.Cloakroom
Kitchen: 11'2 x 7'7
Dining Room: 11'4 x 7'5
Room 2: 14'7 x 11'2
First Floor Landing
Room 3: 11'3 x 11'3
Room 4: 14'6 x 7'8
Room 5: 10'3 x 7'9
Bathroom / Wc
Externally
Front and Rear Gardens
Garage and Off-Road Parking

NB
We have been informed that the current rental agreement expires on the 31st August 2029

Freehold

Please note that this property is of NON-STANDARD CONSTRUCTION

D

we are informed that the property currently produces a rental income of £27,600 per annum

Agent Details

Hair & Son, Southend-On-Sea, Auctions

01700 800116

Next Steps?

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