2 Bed Flat, Single Let, Southend-on-Sea, SS1 1LL, £165,000

221D High Street, Southend-on-Sea, Essex, SS1 1DG - 1 views - a month ago

BTL
ROI: 7%
~68 m²
+2 photos

ValuationUndervalued

Sold Prices£75K - £490K
Sold Prices/m²£1.6K/m² - £5.4K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.4K/m²

Value Estimate

£199,650
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£41,250

Stamp Duty & Legal Fees

£9,450

Total Cash In

£50,700

 

 

Cash Out

 

Rent Range

£850 - £3,400

Rent Estimate

£1,050

Running Costs/mo

£746

Cashflow/mo

£304

Cashflow/yr

£3,653

ROI

7%

Gross Yield

8%

Local Sold Prices

50 sold prices from £75K to £490K, average is £200K. £1.6K/m² to £5.4K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£220K10/230.1 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£180K08/230.12 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£187.5K07/210.16 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£166.5K11/200.18 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£235K10/230.21 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£185K02/210.23 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£130K08/230.25 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.25 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£210K10/200.26 mi8a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£285K03/210.28 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£375K06/210.3 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.3 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£180K11/210.31 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£461.4K02/210.31 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£130K06/210.31 mi120a, York Road, Southend-on-sea SS1 2DJ2
£330K01/230.32 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£198K05/230.32 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£170K09/230.32 mi111c, York Road, Southend-on-sea SS1 2DL2
£210K12/230.32 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£230K12/220.34 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£140.5K03/210.35 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£265K12/230.38 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.38 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£148.5K06/210.39 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£245K01/230.41 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£155K12/220.45 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£200K09/210.46 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£320K05/210.47 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£200K09/210.48 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£202.5K02/210.5 mi29, South Avenue, Southend-on-sea SS2 5JA2
£190K06/210.5 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£75K04/210.51 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£210K09/210.52 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£200K09/210.53 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£200K03/210.55 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.55 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£189K03/210.55 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£175K08/210.55 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£197.5K12/230.56 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£217.5K01/230.57 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£200K02/210.57 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£175K03/210.58 mi22, Marks Court, Southend-on-sea SS1 2RH2
£153K11/200.58 mi34, Marks Court, Southend-on-sea SS1 2RH2
£270K02/210.58 mi11a, Marine Avenue, Westcliff-on-sea, Southend-on-sea SS0 7PS2
£235K01/210.58 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£200K06/210.59 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£150K06/210.59 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£197K12/200.6 mi53, Leamington Road, Southend-on-sea SS1 2SW2
£490K08/210.6 mi31, Westcliff Parade, Westcliff-on-sea, Southend-on-sea SS0 7QP2
£195.5K03/230.61 mi89, Marks Court, Southend-on-sea SS1 2RQ2

Local Rents

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

RentDateDistanceAddressBeds 
£1,37509/240.01 mi122-124 Ellaron Apartments, Flat 5, High Street, Southend-on-Sea2
£1,37509/240.02 mi122-124 Ellaron Apartments, Flat 1, High Street, Southend-on-Sea2
£1,20009/240.05 miStation Approach, Southend-On-Sea, Essex, SS12
£1,05002/240.06 miHigh Street, Southend-On-Sea, Essex, SS12
£1,10010/230.1 mi-2
£1,20009/240.11 mi16 Chichester Road, Southend On Sea, Essex, SS12
£1,25009/240.12 mi-2
£1,25009/240.12 mi-2
£1,10009/240.12 miClifftown Road, Southend on Sea2
£1,20009/240.12 miClifftown Road, Southend on Sea2
£1,15009/240.12 miChartwell Plaza, Southchurch Road, Southend On Sea2
£1,05009/240.12 mi-2
£1,10009/240.16 mi-2
£1,45009/240.16 miCollege Way, Southend-on-Sea2
£90009/240.17 miWarrior Square, Southend-on-sea2
£1,70009/240.19 miCambridge Road, Clifftown Conservation, SS12
£1,60009/240.2 miSouthchurch Road, Southend-On-Sea, SS12
£1,60009/240.2 mi-2
£1,05002/250.2 mi-2
£1,05002/250.2 mi-2
£1,30004/250.2 mi-2
£1,20003/250.2 mi-2
£1,30004/250.2 mi-2
£1,20003/250.2 mi-2
£1,25002/240.2 mi-2
£1,55004/250.2 mi-2
£1,30010/230.21 mi-2
£1,88007/240.22 mi-2
£3,40009/240.22 mi-2
£1,88009/240.22 mi-2
£2,99509/240.23 mi-2
£2,75407/240.23 mi-2
£1,20009/240.23 miAlexandra Street, Southend-On-Sea2
£1,25009/240.24 miAshburnham Road, Southend-On-Sea2
£1,20002/240.26 miQueens Road, Southend-On-Sea2
£1,45009/240.26 mi-2
£1,30003/250.26 mi-2
£1,60002/250.27 miRoyal Mews, Southend-On-Sea2
£1,15003/240.27 miColeman Street, Southend-on-Sea2
£1,82007/240.28 mi-2
£1,69004/250.28 mi-2
£1,30001/250.28 mi-2
£1,20009/240.28 miPlaza Royal Mews, Royal Mews, Southend-On-Sea2
£1,10009/240.28 miLondon Road, Westcliff-On-Sea2
£85010/240.28 mi-2
£1,05001/250.28 mi-2
£1,45002/240.3 mi-2
£1,29501/250.3 mi-2
£1,40009/240.3 miClifton Terrace 2
£1,39509/240.3 miClifton Terrace, Southend-On-Sea2
£1,00009/240.3 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,30009/240.3 miRoyal Terrace, Top Floor Flat, Southend on Sea2
£1,40009/240.32 miVictoria Avenue, Southend on Sea, SS22
£1,70009/240.32 mi-2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.86 miles away

Nearest school

0.40 miles away

Nearest train station

0.11 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £165,000

February 28, 2025

Floor Plans

Description

  • Two Spacious Bedrooms +
  • Open Plan Kitchen/Living Room with Integrated Appliances +
  • Eighth Floor Position with Great Floors +
  • Lift Access +
  • Electric Heating +
  • Conveniently Located for Mainline Train Stations +
  • Well-Maintained Residential Development +
  • Close to Excellent Amenities +
  • Double Glazing +

* No Onward Chain * Bear Estate Agents are pleased to present this well-maintained two bedroom eighth floor apartment. With an open-plan lounge/kitchen, spacious bedrooms, and excellent transport links, this property offers a fantastic opportunity for comfortable city living.

This modern apartment features a bright and airy open-plan lounge/kitchen with integrated appliances, making it perfect for entertaining or relaxing. The two generously sized bedrooms provide ample living space, while the well-designed bathroom and ensuite ensures convenience for everyday living. Electric central heating, lift access, and a secure communal entrance enhance the practicality of this home.

Situated in a well-connected area, this property offers easy access to mainline train stations, making commuting simple and efficient. Local amenities, including shops, restaurants, and leisure facilities, are all within close reach, ensuring a convenient lifestyle. With excellent transport links and urban conveniences nearby, this apartment is perfectly placed for modern city living.

Communal Entrance - With lift access.

Entrance Hall -

Kitchen/Living Room - 5.64m x 4.75m (18'6 x 15'7) -

Bedroom One - 4.62m x 3.56m (15'2 x 11'8) -

Ensuite - 2.26m x 1.88m (7'5 x 6'2) -

Bedroom Two - 4.62m x 2.84m (15'2 x 9'4) -

Bathroom - 2.51m x 1.68m (8'3 x 5'6) -

Agent Details

Bear Estate Agents, Southend-on-Sea

01702 967452

Next Steps?

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