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3 Bed Terraced House, Single Let, Southend-on-Sea, SS1 2HF, £220,000

19 Albert Road, Southend-on-Sea, Essex, SS1 2HF - 4 views - 2 months ago

Sold STC
Auction
BTL
ROI: 6%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£220K - £432.5K
Sold Prices/m²£2.3K/m² - £4.2K/m²

 

 

Square Metres

~93 m²
Price/m²£2.4K/m²

Value Estimate

£268,400
BMV22%

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

£1,290 - £3,295

Rent Estimate

£1,300

Running Costs/mo

£968

Cashflow/mo

£333

Cashflow/yr

£3,990

ROI

6%

Gross Yield

7%

Local Sold Prices

50 sold prices from £220K to £432.5K, average is £325K. £2.3K/m² to £4.2K/m², average is £3.4K/m².

PriceDateDistanceAddressBeds 
£303K12/220.01 mi9, Albert Road, Southend-on-sea SS1 2HF3
£270K01/230.01 mi23, Albert Road, Southend-on-sea SS1 2HF3
£305K11/230.05 mi39, St Leonards Road, Southend-on-sea SS1 2HG3
£270K01/230.09 mi51, Hartington Road, Southend-on-sea SS1 2HR3
£260K12/200.13 mi43, Pleasant Road, Southend-on-sea SS1 2HQ3
£305K09/220.13 mi53, Hartington Road, Southend-on-sea SS1 2HR3
£340K02/230.17 mi16, Portland Avenue, Southend-on-sea SS1 2DD3
£300K04/240.17 mi21, Portland Avenue, Southend-on-sea SS1 2DD3
£422.5K04/230.25 mi226, York Road, Southend-on-sea SS1 2RX3
£250K02/210.32 mi28, Fowler Close, Southend-on-sea SS1 2RD3
£380K08/230.32 mi60, Park Lane, Southend-on-sea SS1 2SL3
£426K12/220.32 mi23, Park Lane, Southend-on-sea SS1 2SL3
£257K07/210.37 mi33, Beresford Road, Southend-on-sea SS1 2TW3
£255K12/220.37 mi4, Beresford Road, Southend-on-sea SS1 2TW3
£385K12/200.39 mi103, Woodgrange Drive, Southend-on-sea SS1 2SE3
£322.5K03/210.4 mi32, Bournemouth Park Road, Southend-on-sea SS2 5LN3
£260K10/210.4 mi43, Southchurch Hall Close, Southend-on-sea SS1 2TE3
£375K11/230.4 mi25, Southchurch Hall Close, Southend-on-sea SS1 2TE3
£278K10/210.4 mi20, Burnaby Road, Southend-on-sea SS1 2TL3
£234K11/210.4 mi41, Boscombe Road, Southend-on-sea SS2 5JE3
£255K02/210.4 mi28, Burnaby Road, Southend-on-sea SS1 2TL3
£257K07/210.41 mi33, Beresford Road, Southend-on-sea SS1 2TW3
£383.5K10/220.42 mi40, Eastern Esplanade, Southend-on-sea SS1 2ES3
£341.5K03/230.43 mi4, Belle Vue Place, Southend-on-sea SS1 2RA3
£270K03/210.43 mi139, Victoria Road, Southend-on-sea SS1 2TD3
£415K06/210.43 mi153, Victoria Road, Southend-on-sea SS1 2TD3
£400K02/210.43 mi147, Victoria Road, Southend-on-sea SS1 2TD3
£395K11/230.43 mi189, Victoria Road, Southend-on-sea SS1 2TD3
£250K07/210.44 mi22, Manilla Road, Southend-on-sea SS1 2TS3
£325K11/220.44 mi6, Manilla Road, Southend-on-sea SS1 2TS3
£310K07/230.44 mi30, Christchurch Road, Southend-on-sea SS2 4JS3
£370K10/230.44 mi52, Wimborne Road, Southend-on-sea SS2 5JF3
£325K12/200.44 mi52, Wimborne Road, Southend-on-sea SS2 5JF3
£432.5K10/230.44 mi109, Boscombe Road, Southend-on-sea SS2 4JP3
£375K04/210.45 mi240, Victoria Road, Southend-on-sea SS1 2TB3
£425K11/220.46 mi206, Victoria Road, Southend-on-sea SS1 2TB3
£400K03/210.46 mi202, Victoria Road, Southend-on-sea SS1 2TB3
£314K12/200.46 mi27, Northumberland Avenue, Southend-on-sea SS1 2TH3
£425K11/220.46 mi113, Victoria Road, Southend-on-sea SS1 2TF3
£322K11/200.48 mi92, Wimborne Road, Southend-on-sea SS2 4JR3
£365K01/230.49 mi14, Swanage Road, Southend-on-sea SS2 5HY3
£318K02/210.49 mi1, Collier Way, Southend-on-sea SS1 2AF3
£340K11/230.49 mi3, Collier Way, Southend-on-sea SS1 2AF3
£360K08/230.51 mi43, Christchurch Road, Southend-on-sea SS2 4JW3
£362K01/230.51 mi47, Guildford Road, Southend-on-sea SS2 5AR3
£350K04/210.51 mi51, Swanage Road, Southend-on-sea SS2 5HX3
£320K03/210.51 mi86, Christchurch Road, Southend-on-sea SS2 4JN3
£332.5K09/220.52 mi1, Stromness Place, Southend-on-sea SS2 4JH3
£220K01/210.52 mi23, Oban Road, Southend-on-sea SS2 4JJ3
£355K06/230.52 mi13, Oban Road, Southend-on-sea SS2 4JJ3

Local Rents

20 rents from £1.3K/mo to £3.3K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,45009/240.05 miSt Leonards, Southend on Sea3
£1,35009/240.14 miHeygate Avenue, Southend-On-Sea3
£1,35009/240.15 miHeygate Avenue, Southend-on-Sea3
£3,29509/240.24 mi-3
£1,80012/240.33 mi-3
£1,29002/250.4 miEastern Esplanade, Southend on Sea3
£1,50009/240.41 mi-3
£2,20009/240.42 mi-3
£1,69502/250.43 mi-3
£1,35002/240.47 miHigh Street, Southend-On-Sea, Essex, SS13
£1,30009/240.52 miBournemouth Park Road, Southend on Sea3
£1,80010/240.53 mi-3
£1,80009/240.53 miKensington Road, Southend-On-Sea, SS13
£1,65002/240.54 miGordon Road, Southend-On-Sea, Essex, SS13
£1,70011/240.55 mi-3
£1,60009/240.55 miBellevue Road, Southend-On-Sea3
£1,70003/250.56 mi-3
£2,60009/240.58 miAlexandra Road, Southend-On-Sea3
£2,50002/250.58 mi-3
£1,70003/250.58 mi-3

Links

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.96 miles away

Nearest school

0.20 miles away

Nearest train station

0.40 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 24, 2025

Listed for £225,000

February 5, 2025

Floor Plans

Description

  • Freehold +
  • Strictly by appointment with the Auctioneer +

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE

REFURBISHMENT OPPORTUNITY: A VACANT FREEHOLD THREE BEDROOM, MID TERRACED HOUSE LOCATED CLOSE TO THE SEA FRONT AND SOUTHEND CITY CENTRE.

A vacant freehold mid-terraced house close to the City centre, local shops and within easy access of Southend seafront. This is considered ideal for both owner occupiers and buy to let investors alike, with the accommodation comprises of three bedrooms, two receptions, 17' kitchen and rear garden.
Entrance Hall
Lounge 13'2 x 11'3
Dining Room 9'4 x 9'2
Kitchen/diner 17'2 x 9'7
First Floor Landing
Bedroom One 13'7 x 10'6
Bedroom Two 9'3 x 9'2
Bedroom Three 9'9 x 8'4
Bathroom/WC
Garden
Please note that this property falls within an area subject to a Selective Licensing Scheme operated by Southend on Sea City Council. Please contact them on or visit their website for further details.
D

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

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