2 Bed Flat, Single Let, Leigh-on-Sea, SS9 4SJ, £200,000

Arterial Road, Leigh-on-Sea, Essex, SS9 4SJ - 2 views - 3 months ago

Sold STC
Leasehold
BTL
ROI: 4%
~68 m²
+8 photos

ValuationUndervalued

Sold Prices£120K - £450K
Sold Prices/m²£1.6K/m² - £4.8K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.9K/m²

Value Estimate

£232,499
BMV16%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£50,000

Stamp Duty & Legal Fees

£7,200

Total Cash In

£57,200

 

 

Cash Out

 

Rent Range

£1,000 - £1,400

Rent Estimate

£1,072

Running Costs/mo

£859

Cashflow/mo

£213

Cashflow/yr

£2,551

ROI

4%

Gross Yield

6%

Local Sold Prices

50 sold prices from £120K to £450K, average is £226.8K. £1.6K/m² to £4.8K/m², average is £3.6K/m².

PriceDateDistanceAddressBeds 
£190K04/230.06 miFlat 20, The Rowans, Wayletts, Leigh-on-sea, Southend-on-sea SS9 4ED2
£191.5K03/230.06 miFlat 11, The Rowans, Wayletts, Leigh-on-sea, Southend-on-sea SS9 4ED2
£155K08/210.06 miFlat 41, The Rowans, Wayletts, Leigh-on-sea, Southend-on-sea SS9 4ED2
£155K08/210.06 miFlat 41, The Rowans, Wayletts, Leigh-on-sea, Southend-on-sea SS9 4ED2
£185K01/230.06 miFlat 60, The Rowans, Wayletts, Leigh-on-sea, Southend-on-sea SS9 4ED2
£213K09/210.83 mi32, Wood Farm Close, Leigh-on-sea, Southend-on-sea SS9 4PE2
£240K05/230.83 mi42, Wood Farm Close, Leigh-on-sea, Southend-on-sea SS9 4PE2
£200K01/210.92 mi17, Worcester Drive, Rayleigh, Essex SS6 8SU2
£172K11/211.04 miFlat 7, Oakwood Court, Arterial Road, Leigh-on-sea, Southend-on-sea SS9 4DG2
£255K10/221.05 mi2, Walpole Walk, Rayleigh, Essex SS6 8YH2
£450K04/211.06 mi200, Scrub Lane, Benfleet, Essex SS7 2JW2
£226K12/201.08 mi63, Barrymore Walk, Rayleigh, Essex SS6 8YJ2
£260K09/231.08 mi63, Barrymore Walk, Rayleigh, Essex SS6 8YJ2
£375K10/211.12 mi29, Park Avenue, Leigh-on-sea, Southend-on-sea SS9 5XB2
£132.5K02/211.15 mi12, Barrymore Walk, Rayleigh, Essex SS6 8YF2
£225K12/221.19 mi30, Milton Close, Rayleigh, Essex SS6 8YN2
£227.5K05/231.19 mi46, Milton Close, Rayleigh, Essex SS6 8YN2
£287.5K12/231.29 mi97a, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DB2
£199.9K06/211.39 miApartment 20, Aragon Court, Church Road, Hadleigh, Benfleet, Essex SS7 2GB2
£250K08/211.42 mi16a, The Avenue, Benfleet, Essex SS7 2DL2
£257.5K08/231.43 mi623, London Road, Hadleigh, Benfleet, Essex SS7 2EB2
£186.5K01/211.44 mi623a, London Road, Hadleigh, Benfleet, Essex SS7 2EB2
£170K01/231.44 mi585, London Road, Hadleigh, Benfleet, Essex SS7 2EB2
£240K05/211.45 mi1533, London Road, Leigh-on-sea, Southend-on-sea SS9 2SF2
£250K05/211.46 mi56, Bull Lane, Rayleigh, Essex SS6 8LY2
£240K03/211.46 mi36, Bull Lane, Rayleigh, Essex SS6 8LD2
£205K04/211.47 mi1, Templewood Court, Benfleet, Essex SS7 2RQ2
£240K06/211.47 miFlat 4, Everglades, London Road, Hadleigh, Benfleet, Essex SS7 2ED2
£220K09/211.47 mi1480c, London Road, Leigh-on-sea, Southend-on-sea SS9 2UR2
£195K11/201.47 mi1480a, London Road, Leigh-on-sea, Southend-on-sea SS9 2UR2
£275K12/201.47 mi1486a, London Road, Leigh-on-sea, Southend-on-sea SS9 2UR2
£275K05/211.47 mi1486c, London Road, Leigh-on-sea, Southend-on-sea SS9 2UR2
£220K02/211.48 mi1593a, London Road, Leigh-on-sea, Southend-on-sea SS9 2SG2
£258.5K10/231.48 miFlat B, The Laurels, Templewood Court, Benfleet, Essex SS7 2RQ2
£227.5K07/231.51 mi29, King Georges Close, Rayleigh, Essex SS6 8JL2
£135K12/201.51 mi29, King Georges Close, Rayleigh, Essex SS6 8JL2
£185K01/211.52 miFlat 1, Everglades, London Road, Hadleigh, Benfleet, Essex SS7 2ED2
£220K09/231.53 mi59, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.53 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£190K04/211.53 mi60, Templewood Court, Benfleet, Essex SS7 2RH2
£185K06/211.53 mi45, Templewood Court, Benfleet, Essex SS7 2RH2
£120K03/241.53 mi54, Templewood Court, Benfleet, Essex SS7 2RH2
£235K12/211.54 miFlat 45, King Georges Court, King Georges Close, Rayleigh, Essex SS6 8GT2
£280K11/201.54 miFlat 47, King Georges Court, King Georges Close, Rayleigh, Essex SS6 8GT2
£287.5K12/201.54 miFlat 39, King Georges Court, King Georges Close, Rayleigh, Essex SS6 8GT2
£290K11/211.54 miFlat 30, King Georges Court, King Georges Close, Rayleigh, Essex SS6 8GT2
£285K03/211.54 miFlat 14, King Georges Court, King Georges Close, Rayleigh, Essex SS6 8GT2
£252K05/231.54 mi11, Moat Rise, Rayleigh, Essex SS6 7RP2
£230K05/211.56 mi98, Herschell Road, Leigh-on-sea, Southend-on-sea SS9 2PU2
£245K01/211.57 mi106a, Rayleigh Road, Thundersley, Benfleet, Essex SS7 3YS2

Local Rents

10 rents from £1K/mo to £1.4K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£1,07503/240 mi-2
£1,12509/240.05 miWayletts, Leigh-on-Sea, SS92
£1,15011/240.06 mi-2
£1,05009/240.06 miWayletts, Leigh-On-Sea2
£1,00009/240.08 miEastwood Old Road, Leigh-on-Sea, Essex2
£1,20009/240.27 miWoodside Court, Leigh-on-Sea2
£1,10009/240.27 miWoodside, Leigh-On-Sea2
£1,40002/250.32 mi-2
£1,35003/250.32 mi-2
£1,10007/240.32 mi-2

Local Area Statistics

Population in SS9

49,984

Town centre distance

1.23 miles away

Nearest school

0.60 miles away

Nearest train station

1.97 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £200,000

January 22, 2025

Floor Plans

Description

  • Two double bedrooms +
  • No onward chain +
  • Allocated garage space +
  • Walking distace to Belfairs Woods and Golf Course +
  • Easy access to local shops and other amenities +
  • Easy access to the A127 +
  • Gas central heating +
  • Long lease +

Hunt Roche Leigh-on-Sea are pleased to bring to market this two bedroom second floor flat situated close to Belfairs Woods and Golf Course.

The accommodation comprises; own entrance with stairs rising to the second floor, lounge, kitchen, two double bedrooms and bathroom with outside communal gardens and allocated garage space.

The flat is ideally situated for local shops, transport links and easy access to the A127.

Call in to Hunt Roche Leigh-on-Sea to book your viewing today! -

Agent Details

Hunt Roche, Leigh-On-Sea

01702 967617

Next Steps?

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