2 Bed Flat, Single Let, Southend-on-Sea, SS2 6HJ, £160,000

West Street, Westcliff-On-Sea, SS2 6HJ - 4 months ago

Leasehold
BTL
ROI: 7%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£75K - £440K
Sold Prices/m²£1.9K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.3K/m²

Value Estimate

£198,400
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£40,000

Stamp Duty & Legal Fees

£9,900

Total Cash In

£49,900

 

 

Cash Out

 

Rent Range

£850 - £1,650

Rent Estimate

£1,000

Running Costs/mo

£720

Cashflow/mo

£280

Cashflow/yr

£3,360

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £75K to £440K, average is £214K. £1.9K/m² to £5.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£240K09/210.11 mi55, Shakespeare Drive, Westcliff-on-sea, Southend-on-sea SS0 9AA2
£190K12/200.24 mi19, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£165K10/230.24 mi7a, Rayleigh Avenue, Westcliff-on-sea, Southend-on-sea SS0 7DS2
£145K07/210.25 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.25 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£177K07/210.28 mi30a, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DP2
£245K05/230.3 mi11a, Shakespeare Avenue, Westcliff-on-sea, Southend-on-sea SS0 0ST2
£205K04/210.35 mi64, Westborough Road, Westcliff-on-sea, Southend-on-sea SS0 9DL2
£200K11/210.35 mi259, Hamlet Court Road, Westcliff-on-sea, Southend-on-sea SS0 7DD2
£208K03/230.35 mi158, Glenwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9DT2
£213K12/230.37 mi194, Fairfax Drive, Westcliff-on-sea, Southend-on-sea SS0 9BG2
£220K03/230.42 mi126, East Street, Southend-on-sea SS2 5EE2
£200K06/210.42 mi8, Claremont Road, Westcliff-on-sea, Southend-on-sea SS0 7DZ2
£167K05/230.43 mi154, Brightwell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9EH2
£265K12/230.43 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.43 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£218K11/210.47 mi96a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£210K12/200.47 mi96, Ennismore Gardens, Southend-on-sea SS2 5RB2
£237.5K05/230.47 mi108a, Ennismore Gardens, Southend-on-sea SS2 5RB2
£248K08/230.49 mi180, East Street, Southend-on-sea SS2 5EA2
£260K11/210.49 mi15, Brightwell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9EB2
£150K06/210.5 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£135K11/230.53 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£440K12/200.54 mi1, Beeleigh Close, Southend-on-sea SS2 6PA2
£225K06/210.54 mi2, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£220K02/230.55 mi485a, Sutton Road, Southend-on-sea SS2 5PL2
£210K08/230.55 mi473b, Sutton Road, Southend-on-sea SS2 5PL2
£150K09/230.55 mi20, Beedell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9JU2
£184.5K10/210.56 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.56 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£240.5K04/210.56 mi68a, Valkyrie Road, Westcliff-on-sea, Southend-on-sea SS0 8AP2
£225K03/230.56 mi15a, Beedell Avenue, Westcliff-on-sea, Southend-on-sea SS0 9JT2
£235K11/200.57 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£75K04/210.58 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£205K05/210.58 mi46a, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AL2
£180K11/210.58 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£265K05/230.61 mi50, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AL2
£213K01/240.61 mi18a, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HH2
£215K04/230.63 mi3, Cranley Road, Westcliff-on-sea, Southend-on-sea SS0 8AJ2
£235K06/210.63 mi3, Elderton Road, Westcliff-on-sea, Southend-on-sea SS0 8AG2
£207.5K04/210.64 mi47, Anerley Road, Westcliff-on-sea, Southend-on-sea SS0 7HJ2
£167K03/210.65 mi89, Electric Avenue, Westcliff-on-sea, Southend-on-sea SS0 9NL2
£244K06/210.66 miGround Floor Flat, 86, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K01/210.66 mi92, St Helens Road, Westcliff-on-sea, Southend-on-sea SS0 7LE2
£220K04/230.66 mi27a, Cotswold Road, Westcliff-on-sea, Southend-on-sea SS0 8AA2
£200K11/210.68 mi12, Hermitage Road, Westcliff-on-sea, Southend-on-sea SS0 7NQ2
£198.5K05/230.68 mi72, Southview Drive, Westcliff-on-sea, Southend-on-sea SS0 9QB2
£250K09/210.69 mi50, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NG2
£253.5K09/210.7 mi6, Finchley Road, Westcliff-on-sea, Southend-on-sea SS0 8AE2
£235K10/230.7 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2

Local Rents

39 rents from £850/mo to £1.6K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,40009/240.07 miShakespeare Drive, Westcliff-on-Sea2
£1,30009/240.09 miNorth Road, Westcliff On Sea2
£1,25010/240.09 mi-2
£1,05009/240.1 miAvebury Road, Westcliff-On-Sea2
£1,45009/240.18 miFairfax Drive, Westcliff-on-Sea, Essex, SS02
£1,00004/250.22 mi-2
£85003/240.23 miRochford Avenue,Westcliff-On-Sea,SS02
£1,25009/240.25 mi-2
£1,25008/240.25 mi-2
£1,25009/240.25 mi-2
£1,00008/240.25 mi-2
£1,30004/250.25 mi-2
£1,30011/240.26 mi-2
£1,35003/250.26 mi-2
£1,27509/240.28 miBeaumont Court, - Victoria Avenue, Southend-On-Sea2
£1,65002/250.29 mi-2
£1,50010/240.29 mi-2
£1,45011/230.29 mi-2
£1,40009/240.29 miVictoria Avenue, Southend-on-Sea2
£1,35003/240.29 miBeaumont Court2
£1,25003/240.29 miBeaumont Court, Southend-On-Sea2
£1,35009/240.29 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,45009/240.29 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.29 mi2 bedroom 1st Floor Flat in Southend on Sea2
£1,45009/240.29 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,35009/240.29 miBeaumont Court, Victoria Avenue2
£1,35009/240.29 miBeaumont Court, Victoria Avenue, Southend on Sea2
£1,45009/240.29 miVictoria Avenue, SOUTHEND-ON-SEA2
£1,40009/240.29 miVictoria Avenue, Southend-on-Sea2
£1,35009/240.29 miSweyne Avenue, Southend On Sea2
£1,20009/240.3 miFairfax Drive, Westcliff-On-Sea, Essex, SS02
£1,28001/250.3 mi-2
£1,55004/250.3 mi-2
£1,09904/250.3 mi-2
£1,00009/240.3 mi2 bedroom Ground Floor Flat in Westcliff on Sea2
£1,40009/240.31 mi-2
£1,55003/250.31 mi-2
£1,35011/240.32 mi-2
£1,35002/250.32 mi-2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.81 miles away

Nearest school

0.20 miles away

Nearest train station

0.43 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £160,000

April 5, 2025

Price changed to £170,000

February 24, 2025

Listed for £180,000

December 30, 2024

Floor Plans

Description

  • Two Bedrooms +
  • Two Bathrooms +
  • Purpose Built +
  • Close To Train Station +
  • No Onward Chain +
  • Parking +

GUIDE PRICE £160,000-£180,000

Welcome to this exquisite two bedroom flat, a true gem nestled in a fantastic location. Offering a perfect blend of contemporary design and comfortable living, this spacious residence is ideal for professionals, couples or small families seeking a modern urban lifestyle.

Upon entering, you are greeted by a cosy hallway that leads into the generously sized lounge. Large sliding doors flood the room with ample natural light and provide access onto the private balcony where you can enjoy the fresh air and relax outdoors. From the lounge, you have access into the kitchen which is a chef's dream, featuring sleek cabinetry, ample counter space and room for appliances.

The master bedroom is a true sanctuary, offering a serene retreat from the hustle and bustle of city life. This large bedroom benefits from built in wardrobes, providing ample storage space and a luxurious en suite bathroom for added convenience. The second bedroom is equally impressive with ample space for a double bed. This versatile room can serve as a guest bedroom or a home office depending on your needs.

Additionally, one allocated parking space comes with the flat.

Situated within the heart of the city with an array of amenities to hand as well as shops and restaurants. On top of this, you have great transport links available as you are within easy access of both Southend Victoria and Southend Central train station and benefit from being close to the A127.

Call to view.

Agent Details

haart, Westcliff On Sea

01702 746972

Next Steps?

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