2 Bed Flat, Single Let, Southend-on-Sea, SS1 2LG, £175,000

Whitegate Road, Southend-On-Sea, Essex, SS1 2LG - 1 views - a month ago

BTL
ROI: 5%
~68 m²
+5 photos

ValuationUndervalued

Sold Prices£75K - £461.4K
Sold Prices/m²£1.6K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.6K/m²

Value Estimate

£217,000
BMV24%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£43,750

Stamp Duty & Legal Fees

£9,950

Total Cash In

£53,700

 

 

Cash Out

 

Rent Range

£850 - £3,400

Rent Estimate

£995

Running Costs/mo

£766

Cashflow/mo

£229

Cashflow/yr

£2,750

ROI

5%

Gross Yield

7%

Local Sold Prices

51 sold prices from £75K to £461.4K, average is £198K. £1.6K/m² to £5.4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£220K10/230.07 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£130K08/230.11 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.11 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£210K10/200.12 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£198K05/230.16 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£210K12/230.17 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£170K09/230.17 mi111c, York Road, Southend-on-sea SS1 2DL2
£130K06/210.18 mi120a, York Road, Southend-on-sea SS1 2DJ2
£230K12/220.19 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£148.5K06/210.23 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£245K01/230.25 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£140.5K03/210.27 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£180K08/230.28 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£155K12/220.29 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£320K05/210.31 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£187.5K07/210.32 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£166.5K11/200.33 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£190K06/210.34 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£375K06/210.37 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.37 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£235K10/230.37 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£185K02/210.38 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£200K09/210.39 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£189K03/210.39 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£175K08/210.39 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£461.4K02/210.4 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£197.5K12/230.4 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£285K03/210.4 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£330K01/230.4 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£200K09/210.41 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£217.5K01/230.41 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£200K03/210.42 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.42 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£202.5K02/210.43 mi29, South Avenue, Southend-on-sea SS2 5JA2
£175K03/210.44 mi22, Marks Court, Southend-on-sea SS1 2RH2
£153K11/200.44 mi34, Marks Court, Southend-on-sea SS1 2RH2
£197K12/200.44 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£200K09/210.45 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£200K06/210.45 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£200K02/210.46 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£195.5K03/230.47 mi89, Marks Court, Southend-on-sea SS1 2RQ2
£180K11/210.47 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£210K09/210.47 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£75K04/210.52 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£235K03/230.52 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£265K12/230.52 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£177K03/210.53 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£177K03/210.53 mi11a, Oban Road, Southend-on-sea SS2 4JJ2
£235K01/210.55 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£192.5K06/210.56 mi27a, Stromness Road, Southend-on-sea SS2 4JG2
£200K10/210.56 mi39, Stromness Road, Southend-on-sea SS2 4JG2

Local Rents

54 rents from £850/mo to £3.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,10010/230.07 mi-2
£90009/240.09 miWarrior Square, Southend-on-sea2
£1,05009/240.13 mi-2
£1,29501/250.14 mi-2
£1,37509/240.15 mi122-124 Ellaron Apartments, Flat 1, High Street, Southend-on-Sea2
£1,37509/240.15 mi122-124 Ellaron Apartments, Flat 5, High Street, Southend-on-Sea2
£1,60009/240.16 mi-2
£1,20002/250.16 mi-2
£1,20002/250.16 mi-2
£1,30004/250.16 mi-2
£1,30004/250.16 mi-2
£1,30004/250.16 mi-2
£1,30004/250.16 mi-2
£1,60009/240.16 miSouthchurch Road, Southend-On-Sea, SS12
£1,20009/240.16 mi16 Chichester Road, Southend On Sea, Essex, SS12
£1,00009/240.18 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,30011/240.18 mi-2
£1,30012/240.18 mi-2
£1,20009/240.18 miStation Approach, Southend-On-Sea, Essex, SS12
£85010/240.19 mi-2
£1,25009/240.2 mi-2
£1,25009/240.2 mi-2
£1,10009/240.21 miClifftown Road, Southend on Sea2
£1,05001/250.21 mi-2
£1,30003/250.21 mi-2
£1,20009/240.21 miClifftown Road, Southend on Sea2
£1,05002/240.21 miHigh Street, Southend-On-Sea, Essex, SS12
£1,15009/240.22 miYork Road, Southend-on-Sea2
£1,20004/250.22 mi-2
£1,20004/250.22 mi-2
£1,15009/240.22 miChartwell Plaza, Southchurch Road, Southend On Sea2
£1,10008/240.23 mi-2
£2,99509/240.24 mi-2
£2,75407/240.24 mi-2
£1,25009/240.24 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,12508/240.24 mi-2
£1,25009/240.24 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,25009/240.25 miSouthchurch Road, Southend-On-Sea, Essex, SS12
£1,30001/250.25 mi-2
£3,40009/240.25 mi-2
£1,88009/240.25 mi-2
£1,88007/240.25 mi-2
£1,20009/240.26 miAlexandra Street, Southend-On-Sea2
£1,15003/240.26 miColeman Street, Southend-on-Sea2
£1,20009/240.28 miYork Road, Southend-On-Sea, Essex, SS12
£2,25004/250.29 mi-2
£99502/240.29 mi-2
£99509/240.29 mi-2
£1,10003/250.29 mi-2
£1,80009/240.3 miChurch Road, Southend-On-Sea, Essex, SS12
£1,77509/240.3 miChurch Road, Southend-On-Sea, Essex, SS12
£1,40009/240.3 miHighbanks, Southend on Sea2
£1,60002/250.3 miRoyal Mews, Southend-On-Sea2
£1,70009/240.3 miCambridge Road, Clifftown Conservation, SS12

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.83 miles away

Nearest school

0.30 miles away

Nearest train station

0.23 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 £175,000

March 24, 2025

Listed for £190,000

February 28, 2025

Floor Plans

Description

Don't miss this fantastic opportunity to own a spacious ground floor flat in the heart of Central Southend. This property offers two bedrooms, a convenient share of freehold, central heating, and its own rear garden.

Located close to Southend High Street, you'll have easy access to all the shops, restaurants, and amenities this vibrant area has to offer. Plus, with local rail links into London so your daily commute couldn't be more convenient.

This vacant property is a blank canvas waiting for your personal touch, with some work required to make it truly shine. And with on street parking and your own rear garden, you'll have the space you need for both convenience and relaxation.

Don't wait - schedule a viewing today and envision the possibilities of making this property your new home.

Ground Floor Accommodation
Entrance Hall - Access is via own entrance leading to large entrance hall, large understairs storage cupboard, doors to

Bedroom One - 15' 1'' x 11' 10'' (4.6m x 3.62m) Double glazed windows to front, textured ceiling with coving, radiator

Bedroom Two - 12' 1'' x 11' 10'' (3.69m x 3.63m) Double glazed windows to rear, textured ceiling with coving, radiator.

Lounge - 12' 0'' x 11' 11'' (3.66m x 3.65m) Double glazed windows to side, smooth plastered ceiling with coving, radiator, shelving recess.

Kitchen - 11' 8'' x 6' 5'' (3.56m x 1.97m) Double glazed window and door to side, base and wall mounted units with rolled edge work surfaces, inset sink unit, space and plumbing for appliances, white gloss part tiled walls.

Bathroom - 8' 4'' x 4' 9'' (2.55m x 1.45m) Obscure double glazed window to rear, part tiled walls, tiled flooring, radiator, panelled bath, pedestal hand wash basin, doorway to

Separate WC - Double glazed window to rear, tiled flooring, low level flush w/c.

Rear Garden - The rear garden is accessed via the kitchen side door that leads to a decked patio area with the remainder laid with Astro Turf. There is fencing to all boundaries and the added benefit of side access.

Additional Information
For further information on this property please call or e-mail

Agent Details

Chiddicks Homes, Southend-on-Sea

01702 690007

Next Steps?

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