2 Bed Flat, Single Let, Southend-on-Sea, SS2 5BH, £190,000

Guildford Road, SOUTHEND-ON-SEA, SS2 5BH - 4 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 5%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£75K - £375K
Sold Prices/m²£1.6K/m² - £5.3K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.8K/m²

Value Estimate

£208,657
BMV10%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£6,900

Total Cash In

£54,400

 

 

Cash Out

 

Rent Range

£900 - £4,250

Rent Estimate

£1,025

Running Costs/mo

£819

Cashflow/mo

£206

Cashflow/yr

£2,475

ROI

5%

Gross Yield

6%

Local Sold Prices

51 sold prices from £75K to £375K, average is £198K. £1.6K/m² to £5.3K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£140.5K03/210.11 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£200K09/210.17 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£200K09/210.18 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£202.5K02/210.19 mi29, South Avenue, Southend-on-sea SS2 5JA2
£210K09/210.21 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£200K09/210.23 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£75K04/210.23 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£130K08/230.23 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.23 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£235K01/210.27 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£210K12/230.29 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£220K10/230.31 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£200K03/210.34 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.34 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£200K02/210.34 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£198K05/230.36 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£148.5K06/210.37 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£180K08/230.38 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£200K06/210.41 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£230K12/220.42 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£170K09/230.42 mi111c, York Road, Southend-on-sea SS1 2DL2
£187.5K07/210.42 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£245K01/230.43 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£130K06/210.44 mi120a, York Road, Southend-on-sea SS1 2DJ2
£320K05/210.45 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£177K03/210.45 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.45 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£235K03/230.45 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£265K12/230.45 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£155K12/220.45 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£166.5K11/200.47 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£175K08/210.47 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£235K10/230.47 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£197.5K12/230.48 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£190K06/210.48 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£192.5K06/210.49 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.49 mi39, Stromness Road, Southend-on-sea SS2 4JG2
£145K07/210.5 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.5 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£180K11/210.5 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£189K03/210.5 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£185K02/210.51 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£180K03/210.52 mi16a, Stromness Road, Southend-on-sea SS2 4JQ2
£270K11/210.53 mi4, Bellevue Mews, Southend-on-sea SS2 4PE2
£197K12/200.55 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£220K03/230.57 mi126, East Street, Southend-on-sea SS2 5EE2
£285K03/210.58 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£217.5K01/230.58 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£248K08/230.59 mi180, East Street, Southend-on-sea SS2 5EA2
£160K07/210.59 mi2a, Trinity Road, Southend-on-sea SS2 4HJ2
£375K06/210.61 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2

Local Rents

47 rents from £900/mo to £4.3K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,30004/250.03 mi-2
£1,15003/240.04 miColeman Street, Southend-on-Sea2
£1,30001/250.04 mi-2
£1,30003/250.08 mi-2
£1,60009/240.13 mi-2
£1,20002/250.13 mi-2
£1,20002/250.13 mi-2
£1,30004/250.13 mi-2
£1,30004/250.13 mi-2
£1,60009/240.13 miSouthchurch Road, Southend-On-Sea, SS12
£1,10004/250.18 mi-2
£1,05009/240.2 mi-2
£90009/240.2 miWarrior Square, Southend-on-sea2
£1,20009/240.21 mi16 Chichester Road, Southend On Sea, Essex, SS12
£1,00009/240.21 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,15009/240.23 miChartwell Plaza, Southchurch Road, Southend On Sea2
£1,10001/250.24 mi-2
£95009/240.25 miBournemouth Park Road, Southend-On-Sea, Essex, SS22
£1,25009/240.26 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,20009/240.26 miNorth Avenue, Southend on - sea2
£1,25009/240.27 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,25009/240.27 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,30004/250.27 mi-2
£1,35009/240.27 mi-2
£1,45009/240.28 mi-2
£1,30011/240.29 mi-2
£1,30012/240.29 mi-2
£3,75009/240.3 mi-2
£4,25002/240.3 mi-2
£1,10010/230.3 mi-2
£1,05002/240.31 miHigh Street, Southend-On-Sea, Essex, SS12
£1,37509/240.31 mi122-124 Ellaron Apartments, Flat 5, High Street, Southend-on-Sea2
£1,70009/240.32 mi-2
£1,40009/240.32 miVictoria Avenue, Southend on Sea, SS22
£1,37509/240.32 mi122-124 Ellaron Apartments, Flat 1, High Street, Southend-on-Sea2
£1,40009/240.33 miHighbanks, Southend on Sea2
£1,40009/240.33 mi-2
£1,45004/250.33 mi-2
£97512/230.34 mi-2
£1,20009/240.34 miSouthchurch Avenue, Southend-On-Sea2
£1,45009/240.34 miCollege Way, Southend-on-Sea2
£1,20003/250.36 mi-2
£1,29502/240.36 mi-2
£1,25008/240.36 mi-2
£1,25008/240.36 mi-2
£1,20009/240.36 miStation Approach, Southend-On-Sea, Essex, SS12
£1,29501/250.37 mi-2

Local Area Statistics

Population in SS2

36,418

Population in Southend-on-Sea

106,129

Town centre distance

0.55 miles away

Nearest school

0.30 miles away

Nearest train station

0.25 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+8%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £190,000

January 16, 2025

Floor Plans

Description

  • Two Bedrooms +
  • Flat +
  • Ample Storage Space +
  • Private Terrace +
  • Open Plan +
  • Modern Finishes +
  • Close To Train Station +
  • Close To High Street +

*Guide Price £190,000 - £200,000*

Welcome to this stunning two-bedroom flat, perfectly designed for modern living and ideally located for convenience and connectivity. This property is within easy reach of a mainline train station, offering direct links to surrounding areas, and just a short distance from the vibrant city centre. Here, you’ll find a wide array of shops, bars, and restaurants catering to every taste and occasion. Additionally, the A13 is conveniently close by, providing excellent road links for commuting and travel.

Step inside to discover a bright and inviting open-plan kitchen and lounge area. This versatile space is perfect for both relaxation and entertaining, boasting sleek, modern finishes and ample room for furnishings. The kitchen is thoughtfully designed with integrated appliances, generous storage, and stylish worktops, ensuring both functionality and aesthetics. The lounge area is bathed in natural light, thanks to large sliding doors that lead directly onto your own private terrace—a serene outdoor space perfect for al fresco dining, gardening, or simply enjoying your morning coffee.

Both bedrooms are generously proportioned doubles, offering comfort and practicality. Each bedroom benefits from fitted wardrobes, providing ample storage solutions while maintaining a clean and uncluttered aesthetic. The master bedroom enjoys the added luxury of an ensuite shower room, beautifully appointed with contemporary fixtures and fittings, ensuring a private and convenient retreat.

The main bathroom mirrors the same modern style, featuring sleek tiling and high-quality finishes. Its well-thought-out design includes a full-size bathtub, perfect for unwinding after a long day, and all the conveniences you could wish for in a contemporary home.

This two-bedroom flat is an exceptional find, blending modern design with practical features and a prime location. Don’t miss the opportunity to make it your own—book your viewing today!

Agent Details

haart, Westcliff On Sea

01702 746972

Next Steps?

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