2 Bed Flat, Single Let, Southend-on-Sea, SS1 2ZS, £220,000

204 Woodgrange Drive, Southend-on-Sea, Essex, SS1 2SJ - 4 months ago

Sold STC
Leasehold
BTL
ROI: 1%
~72 m²
+8 photos

ValuationUndervalued

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

 

 

Square Metres

~72.40 m²
Price/m²£3K/m²

Value Estimate

£236,685
BMV8%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£55,000

Stamp Duty & Legal Fees

£12,200

Total Cash In

£67,200

 

 

Cash Out

 

Rent Range

£850 - £2,500

Rent Estimate

£934

Running Costs/mo

£894

Cashflow/mo

£40

Cashflow/yr

£476

ROI

1%

Gross Yield

5%

Local Sold Prices

51 sold prices from £1 to £337K, average is £200K. £0/m² to £5.1K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£220K03/230.05 mi51, Eastern Esplanade, Southend-on-sea SS1 2ES2
£240K11/210.08 mi3, Jetty Mews, Southend-on-sea SS1 2AG2
£220K01/230.1 mi28, Retort Close, Southend-on-sea SS1 2AQ2
£103/210.12 mi31, Northumberland Avenue, Southend-on-sea SS1 2TH2
£230K07/230.13 miFlat 15, Melville Court, Victoria Road, Southend-on-sea SS1 2TQ2
£192K04/210.17 mi21a, Kensington Road, Southend-on-sea SS1 2SX2
£290K06/230.17 mi45a, Kensington Road, Southend-on-sea SS1 2SX2
£337K08/210.2 mi100, Victoria Road, Southend-on-sea SS1 2TF2
£195.5K03/230.22 mi89, Marks Court, Southend-on-sea SS1 2RQ2
£175K03/210.25 mi22, Marks Court, Southend-on-sea SS1 2RH2
£153K11/200.25 mi34, Marks Court, Southend-on-sea SS1 2RH2
£267.5K07/210.28 mi1a, Chester Avenue, Southend-on-sea SS1 2YW2
£267.5K07/210.29 mi1a, Chester Avenue, Southend-on-sea SS1 2YW2
£265K06/230.32 mi6a, Chelsea Avenue, Southend-on-sea SS1 2YL2
£215K04/210.33 mi123, Eastern Esplanade, Southend-on-sea SS1 2YH2
£217.5K01/230.33 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£280K10/210.35 mi6, Chelsea Avenue, Southend-on-sea SS1 2YL2
£177.5K11/200.41 mi131a, Brunswick Road, Southend-on-sea SS1 2UL2
£197K12/200.42 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£189K03/210.43 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£190K06/210.44 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£155K12/220.45 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£320K05/210.47 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£245K01/230.47 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£330K09/210.48 mi111, Ambleside Drive, Southend-on-sea SS1 2UP2
£197.5K12/230.49 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£175K08/210.49 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£230K12/220.5 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£170K09/230.52 mi111c, York Road, Southend-on-sea SS1 2DL2
£130K06/210.52 mi120a, York Road, Southend-on-sea SS1 2DJ2
£148.5K06/210.53 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£198K05/230.55 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£300K07/230.56 mi12, Plas Newydd Close, Southend-on-sea SS1 3AH2
£192.5K10/230.61 mi15a, Lovelace Avenue, Southend-on-sea SS1 2QU2
£245K03/210.61 mi31a, Plas Newydd, Southend-on-sea SS1 3AG2
£255K06/230.61 mi23a, Plas Newydd, Southend-on-sea SS1 3AG2
£210K12/230.62 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£170K06/210.66 mi36a, Oakleigh Avenue, Southend-on-sea SS1 2QR2
£200K06/210.67 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£130K08/230.68 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.68 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£180K03/210.68 mi16a, Stromness Road, Southend-on-sea SS2 4JQ2
£270K11/210.7 mi4, Bellevue Mews, Southend-on-sea SS2 4PE2
£192.5K06/210.72 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.72 mi39, Stromness Road, Southend-on-sea SS2 4JG2
£200K03/210.73 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.73 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£220K12/220.73 mi18a, Ilfracombe Road, Southend-on-sea SS2 4PB2
£177K03/210.73 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.73 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£220K10/230.74 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2

Local Rents

50 rents from £850/mo to £2.5K/mo, average is £1.2K/mo.

RentDateDistanceAddressBeds 
£2,50002/250.03 mi-2
£1,50003/250.03 mi-2
£1,15009/240.07 miRetort Close, Southend on Sea2
£1,30007/240.13 mi-2
£1,25009/240.15 miManilla Road, Southend-on-Sea2
£1,14504/250.16 mi-2
£1,00009/240.22 miMarks Court, Southend-On-Sea2
£1,07509/240.22 miCamper Road, Southend On Sea2
£1,00009/240.25 miSouthchurch Avenue, Southend-On-Sea2
£92509/240.26 miNorthumberland Crescent, Southend On Sea2
£1,50007/240.28 mi-2
£1,50008/240.28 mi-2
£1,55008/240.28 mi-2
£1,19503/250.3 mi-2
£1,05002/250.31 mi-2
£1,10002/240.31 mi-2
£1,40009/240.33 miEastern Esplanade, Waterside, SS12
£1,10009/240.33 miClose To Seafront, Southend On Sea2
£1,40007/240.34 mi-2
£1,20002/250.34 miSeafront, Southend On Sea2
£1,50009/240.34 miFreemans Court, 1 Honiton Road, Southend On Sea, Essex, SS12
£1,39509/240.34 miWoodgrange Drive, Southend-On-Sea2
£1,30009/240.36 miSouthchurch Avenue, Southend-on-Sea, Essex, SS12
£90010/240.37 mi-2
£1,20009/240.37 miSouthchurch Avenue, Southend On Sea2
£1,30009/240.4 miElizabeth Road, Southend on sea, Southend on Sea, 2
£2,25004/250.4 mi-2
£2,07009/240.41 mi-2
£2,07009/240.41 miNorthumberland Crescent, Southend-On-Sea, SS12
£99502/240.42 mi-2
£99509/240.42 mi-2
£1,10003/250.42 mi-2
£1,20009/240.42 miYork Road, Southend-On-Sea, Essex, SS12
£1,20009/240.43 miHoniton Road, Southend-On-Sea2
£1,30003/250.44 mi-2
£1,50009/240.45 miEastern Esplanade, Southend-On-Sea2
£1,50009/240.45 miEastern Esplanade, Southend-On-Sea, Essex, SS12
£1,40009/240.45 miSovereign Views, SOUTH END2
£1,60009/240.46 miEastern Esplanade, Southend-on-Sea, Essex, SS12
£1,10008/240.47 mi-2
£1,60004/250.47 mi-2
£1,15009/240.48 miYork Road, Southend-on-Sea2
£1,20004/250.51 mi-2
£1,20004/250.51 mi-2
£1,40009/240.52 miChase Court Gardens, Southend-on-Sea2
£1,25007/240.52 mi-2
£1,12508/240.53 mi-2
£85010/240.55 mi-2
£1,29501/250.56 mi-2
£1,05001/250.57 mi-2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

1.30 miles away

Nearest school

0.60 miles away

Nearest train station

0.51 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 £220,000

February 8, 2025

Listed for £240,000

December 19, 2024

Floor Plans

Description

  • Well Presented First Floor Flat +
  • Sizeable Open Plan Lounge/Diner with a Bay Window +
  • Open Plan Kitchen +
  • Private Balcony +
  • Two Bedrooms +
  • Ensuite Shower Room to the Master +
  • Three Piece Bathroom +
  • Secure Off-Street Parking in a Gated Residents Car Park +
  • Communal Garden +
  • Double Glazing and Electric Heating +

* £220,000 - £240,000 ** NO ONWARD CHAIN * This stylish and contemporary two bedroom apartment is situated in a sought-after gated development just seconds from Southend Seafront. The property boasts secure off-street parking, open plan living space, two bathrooms and a private balcony.

Located on the first floor, the property offers a superb blend of modern design, functionality and convenience, making it an ideal choice for professionals, downsizers, or investors. Internally, the accommodation comprises an inviting entrance hall with a large built-in storage cupboard, a spacious and versatile open plan lounge/diner which has a bay window, access onto a private balcony and opens into a modern fitted kitchen. There are two generously sized bedrooms within the flat, with the master bedroom boasting an ensuite shower room, as well as a three piece family bathroom. Further benefits include an integrated sound system, video entry system, allocated off-street parking in the gated car park and access to a communal garden.

Situated adjacent to the picturesque Southend Seafront, this apartment offers easy access to the beach, local amenities, shops, restaurants and transport links.

Combining contemporary living with a prime location, this property is a fantastic opportunity for those seeking a modern seaside lifestyle

Two Bedroom First Floor Flat -

Entrance Hall -

Lounge/Diner - 8.66m x 3.76m (28'5 x 12'4) -

Balcony -

Kitchen - 3.81m x 2.59m (12'6 x 8'6) -

Bedroom One - 4.55m x 2.90m (14'11 x 9'6) -

Ensuite -

Bedroom Two - 2.62m x 2.01m (8'7 x 6'7) -

Bathroom -

Storage -

Gated Off-Street Parking -

Communal Garden -

Agent Details

Bear Estate Agents, Southend-on-Sea

01702 967452

Next Steps?

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