4 Bed Semi-Detached House, Single Let, Southend-on-Sea, SS2 5JQ, £350,000

9/9A Bournemouth Park Road, Southend-On-Sea, SS2 5JQ - 4 months ago

Sold STC
BTL
~129 m²
+7 photos

ValuationUndervalued

Sold Prices£175K - £546K
Sold Prices/m²£2.1K/m² - £6.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.7K/m²

Value Estimate

£396,060
BMV13%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Total Cash In

£104,200

 

 

Cash Out

 

Rent Range

£950 - £3,401

Rent Estimate

£1,420

Running Costs/mo

£1,398

Cashflow/mo

£22

Cashflow/yr

£267

ROI

0%

Gross Yield

5%

Local Sold Prices

52 sold prices from £175K to £546K, average is £388.8K. £2.1K/m² to £6.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£335K03/230.09 mi82, Boscombe Road, Southend-on-sea SS2 4JP4
£437K02/210.11 mi21, Boscombe Road, Southend-on-sea SS2 5JE4
£375K06/210.11 mi61, Boscombe Road, Southend-on-sea SS2 5JE4
£335K01/210.14 mi10, Boscombe Road, Southend-on-sea SS2 5JD4
£339K09/210.15 mi3, Wimborne Road, Southend-on-sea SS2 5JG4
£380K07/230.16 mi69, Christchurch Road, Southend-on-sea SS2 4JW4
£380K07/230.16 mi69, Christchurch Road, Southend-on-sea SS2 4JW4
£397.5K03/230.19 mi8, Branksome Road, Southend-on-sea SS2 4HQ4
£475K03/230.24 mi28, Kilworth Avenue, Southend-on-sea SS1 2DT4
£295K03/210.24 mi112, South Avenue, Southend-on-sea SS2 4HU4
£387.5K10/200.25 mi32, Cheltenham Road, Southend-on-sea SS1 2SA4
£455K07/230.25 mi35, Cheltenham Road, Southend-on-sea SS1 2SA4
£392.8K03/230.25 mi67, Ambleside Drive, Southend-on-sea SS1 2UT4
£341.5K08/230.28 mi78, Central Avenue, Southend-on-sea SS2 5HS4
£440K12/220.29 mi10, Lyme Road, Southend-on-sea SS2 4HH4
£360K01/210.29 mi10, Lyme Road, Southend-on-sea SS2 4HH4
£400K11/200.31 mi191, York Road, Southend-on-sea SS1 2RU4
£420K12/200.31 mi217, York Road, Southend-on-sea SS1 2RU4
£350K03/210.36 mi168, Bournemouth Park Road, Southend-on-sea SS2 5LT4
£175K07/210.36 mi2, Honiton Road, Southend-on-sea SS1 2RT4
£385K06/210.39 mi23, Ilfracombe Avenue, Southend-on-sea SS1 2QX4
£410K01/240.41 mi53, Lovelace Gardens, Southend-on-sea SS2 4NT4
£305K12/200.42 mi206, North Avenue, Southend-on-sea SS2 4EU4
£330K03/210.44 mi84, Lovelace Gardens, Southend-on-sea SS2 4NU4
£395K02/210.44 mi192, Victoria Road, Southend-on-sea SS1 2TB4
£380K03/210.45 mi17, Lovelace Avenue, Southend-on-sea SS1 2QU4
£385K06/210.46 mi95, Trinity Road, Southend-on-sea SS2 4HN4
£375K11/200.47 mi5, Surbiton Road, Southend-on-sea SS2 4NR4
£404K11/200.47 mi97, Woodgrange Drive, Southend-on-sea SS1 2SE4
£350K10/230.47 mi115, Woodgrange Drive, Southend-on-sea SS1 2SE4
£390K02/210.47 mi14, Walsingham Road, Southend-on-sea SS2 4AN4
£475K08/220.5 mi113, Woodgrange Drive, Southend-on-sea SS1 2SE4
£405K05/210.5 mi38, Surbiton Road, Southend-on-sea SS2 4NS4
£360K12/200.51 mi117, Brunswick Road, Southend-on-sea SS1 2UL4
£470K12/220.51 mi135, Brunswick Road, Southend-on-sea SS1 2UL4
£330K10/230.53 mi68, Richmond Street, Southend-on-sea SS2 4NP4
£445K06/210.54 mi132, Brunswick Road, Southend-on-sea SS1 2UJ4
£375K12/200.56 mi1, Moseley Street, Southend-on-sea SS2 4NL4
£430K03/210.57 mi104, Sandringham Road, Southend-on-sea SS1 2UG4
£425K05/230.57 mi69, Lonsdale Road, Southend-on-sea SS2 4LX4
£385K03/210.58 mi105, Victoria Road, Southend-on-sea SS1 2TF4
£405K05/230.58 mi87, Victoria Road, Southend-on-sea SS1 2TF4
£410K04/210.58 mi96, Victoria Road, Southend-on-sea SS1 2TF4
£437.5K06/210.59 mi80, Sandringham Road, Southend-on-sea SS1 2UG4
£540K01/230.61 mi28, Kensington Road, Southend-on-sea SS1 2SY4
£280K08/210.61 mi45, Napier Avenue, Southend-on-sea SS1 1LY4
£546K11/220.62 mi287, Woodgrange Drive, Southend-on-sea SS1 2SQ4
£525K08/220.63 mi277, Woodgrange Drive, Southend-on-sea SS1 2SQ4
£320K06/230.63 mi341, Central Avenue, Southend-on-sea SS2 4EF4
£320K06/230.63 mi341, Central Avenue, Southend-on-sea SS2 4EF4
£415K04/210.63 mi41, Hamstel Road, Southend-on-sea SS2 4NF4
£485K08/230.64 mi40, Brunswick Road, Southend-on-sea SS1 2UH4

Local Rents

44 rents from £950/mo to £3.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,65001/240.09 mi-4
£2,49504/250.12 mi-4
£2,25009/240.15 mi-4
£1,30009/240.17 miBournemouth Park Road, Southend on Sea3
£1,70003/250.21 mi-3
£2,20009/240.24 mi-3
£2,00012/240.26 mi-4
£1,80001/250.26 mi-4
£1,90010/230.29 mi-4
£1,59509/240.29 miBellevue Road, Southend-On-Sea4
£1,65010/240.3 mi-3
£1,65010/240.3 mi-3
£1,60009/240.31 miBellevue Road, Southend-On-Sea3
£2,75009/240.33 mi-4
£2,75009/240.33 miThe Grove, Southend-On-Sea, SS24
£1,89509/240.33 miBelle Vue Avenue, Southend On Sea4
£1,45003/240.34 miGuildford Road, Southend-on-Sea4
£1,80009/240.34 miPortland Avenue, Southend-On-Sea, SS14
£1,79509/240.35 miOld Southend Road, Southend-On-Sea, SS15
£1,70011/240.36 mi-3
£1,85009/240.37 miTrinity Road, Southend-On-Sea, Essex, SS23
£1,45009/240.39 miSt Leonards, Southend on Sea3
£3,29509/240.4 mi-3
£1,35009/240.44 miHeygate Avenue, Southend-On-Sea3
£1,27509/240.45 miStornoway Road, Southend-On-Sea3
£1,35009/240.45 miHeygate Avenue, Southend-on-Sea3
£2,00012/240.46 mi-3
£1,99509/240.46 mi-6
£1,45009/240.47 miSurbiton Road, Southend-On-Sea, Essex, SS23
£95009/240.52 miFarringdon Service Road, Southend-On-Sea, Essex, SS1950
£1,35002/240.53 miHigh Street, Southend-On-Sea, Essex, SS13
£1,60009/240.54 miTennyson Avenue, Southend on Sea, SS23
£1,75009/240.55 miWestbury Road, Southend-On-Sea, Essex, SS23
£1,30010/240.56 mi-3
£1,80012/240.58 mi-3
£1,80010/240.59 mi-3
£1,80009/240.59 miKensington Road, Southend-On-Sea, SS13
£1,75012/240.6 mi-3
£3,40109/240.61 miBeresford Road, Southend-On-Sea, SS14
£3,40109/240.61 mi-4
£1,75003/250.61 mi-3
£1,75001/250.61 mi-3
£1,75001/250.61 mi-3
£1,60009/240.62 miBeaufort Street, Southend-on-Sea, Essex3

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.62 miles away

Nearest school

0.10 miles away

Nearest train station

0.39 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £350,000

December 31, 2024

Description

Sorrell are favoured with the instructions to offer for sale this investment opportunity, of two self contained flats currently producing a income of £17,040 per annum both let on assured shorthold tenancies. which are holding over Number 9 is a one bedroom ground floor flat and number 9a is a two bedroom first floor flat. Further details available on request.

Number 9 - Ground floor apartment
Spacious entrance hall, radiator, doors off on to

Lounge - 6.32 x 3.27 (20'8" x 10'8") - Double glazed french doors leading on to rear garden, fire place, radiator

Kitchen - 3.32 x 2.27 (10'10" x 7'5") - Basic fitted units, sink unit, door through to large lean to with walk in cupboard housing gas combination boiler.

Bedroom - 4.77 x 3.89 (15'7" x 12'9") - Double glazed bay window to front, radiator.

Bathroom - Panelled bath with shower over, wash hand basin, double glazed opaque window to side.

Separate W.C. - Opaque glazed window to side.

West Backing Rear Garden -

Number 9A - Stairs to first floor landing, radiator, built in cupboard, doors off onto:

Lounge/ Kitchen - 5.15max x 4.74 to bay (16'10"ax x 15'6" to bay) - Lounge area.
Double glazed bay window to front, vinly flooring, radiator:
Kitchen area
Laminate flooring, cupboard and draw base units, eye level wall cupboards , rolled top work surface, tiled splash backs, stainless steel sink unit recess for cooker and fridge/ freezer, double glazed window to front:

Bedroom One - 5.70 x 3.26 (18'8" x 10'8") - Doubel glazed windows to rear, carpeted, radiator:

Bedroom Two - 3.74 x 3.33 to alcove (12'3" x 10'11" to alcove) - Double glazed windows to rear, carpeted, fitted cupboard housing boiler, radiator:

Lobby - Vinly flooring, plumbing for washing machine, double glazed window to side, door through to:

Bathroom - 2.47 x 2.35 (8'1" x 7'8") - Opaque double glazed window to side, panalled bath with electric shower over, pedastal wash hand basin, vinyl flooring, tiled splash backs, radiator:

Separate Wc - Laminate flooring, part tiled walls, low level wc, opaque double glazed window to side

Agent Details

Sorrell, Southend-on-sea

01702 967728

Next Steps?

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