2 Bed Flat, Single Let, Southend-on-Sea, SS1 2BQ, £190,000

9 Southchurch Road, Southend-On-Sea, Essex, SS1 2PQ - 2 months ago

Leasehold
BTL
ROI: 5%
~53 m²
+11 photos

ValuationOvervalued

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

 

 

Square Metres

~53.20 m²
Price/m²£3.6K/m²

Value Estimate

£173,838

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£47,500

Stamp Duty & Legal Fees

£10,700

Total Cash In

£58,200

 

 

Cash Out

 

Rent Range

£900 - £3,400

Rent Estimate

£1,081

Running Costs/mo

£830

Cashflow/mo

£251

Cashflow/yr

£3,013

ROI

5%

Gross Yield

7%

Local Sold Prices

50 sold prices from £75K to £461.4K, average is £200K. £1.6K/m² to £5.4K/m², average is £3.2K/m².

PriceDateDistanceAddressBeds 
£180K08/230.15 mi32b, Elmer Avenue, Southend-on-sea SS1 1NB2
£220K10/230.18 miGround Floor Flat, 28, Whitegate Road, Southend-on-sea SS1 2LQ2
£187.5K07/210.18 mi15, Napier Avenue, Southend-on-sea SS1 1LY2
£166.5K11/200.23 miFlat 14, Napier Court West, Gordon Place, Southend-on-sea SS1 1NH2
£235K10/230.24 mi10, Ashburnham Road, Southend-on-sea SS1 1QD2
£130K08/230.27 mi75a, Tyrrel Drive, Southend-on-sea SS1 2LN2
£193K12/230.27 mi6, Tyrrel Drive, Southend-on-sea SS1 2LN2
£185K02/210.28 mi30, Hamlet Road, Southend-on-sea SS1 1HJ2
£180K11/210.29 mi83b, Princes Street, Southend-on-sea SS1 1PT2
£140.5K03/210.3 mi40, Sutton Road, Southend-on-sea SS2 5EW2
£265K12/230.3 mi57, Boston Avenue, Southend-on-sea SS2 6JH2
£235K03/230.3 mi49a, Boston Avenue, Southend-on-sea SS2 6JH2
£210K12/230.35 mi9a, Lancaster Gardens, Southend-on-sea SS1 2NS2
£285K03/210.35 mi23b, Cambridge Road, Southend-on-sea SS1 1ET2
£198K05/230.37 mi3a, Hastings Road, Southend-on-sea SS1 2DR2
£170K09/230.4 mi111c, York Road, Southend-on-sea SS1 2DL2
£130K06/210.4 mi120a, York Road, Southend-on-sea SS1 2DJ2
£200K09/210.4 mi43a, Swanage Road, Southend-on-sea SS2 5HX2
£75K04/210.4 miFlat 27, Martins Court, Stadium Road, Southend-on-sea SS2 5DH2
£375K06/210.41 mi6b, Clifton Terrace, Southend-on-sea SS1 1DT2
£450K03/230.41 mi6, Clifton Terrace, Southend-on-sea SS1 1DT2
£200K09/210.41 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£230K12/220.41 mi3, Hastings Road, Southend-on-sea SS1 2DR2
£461.4K02/210.41 mi11, Clifftown Parade, Southend-on-sea SS1 1DP2
£330K01/230.42 mi3a, Clifftown Parade, Southend-on-sea SS1 1DP2
£202.5K02/210.43 mi29, South Avenue, Southend-on-sea SS2 5JA2
£148.5K06/210.43 mi11, Kilworth Avenue, Southend-on-sea SS1 2DS2
£210K09/210.44 mi41, Central Avenue, Southend-on-sea SS2 5HR2
£200K09/210.46 mi70a, South Avenue, Southend-on-sea SS2 5JB2
£245K01/230.47 mi12, Cromer Road, Southend-on-sea SS1 2DU2
£235K01/210.49 mi2a, Dryden Avenue, Southend-on-sea SS2 5EU2
£155K12/220.5 mi109, Southchurch Avenue, Southend-on-sea SS1 2RW2
£320K05/210.51 mi132, Southchurch Avenue, Southend-on-sea SS1 2RP2
£145K07/210.52 mi24, Tunbridge Road, Southend-on-sea SS2 6LT2
£220K12/230.52 mi24a, Tunbridge Road, Southend-on-sea SS2 6LT2
£200K03/210.53 mi78, Boscombe Road, Southend-on-sea SS2 4JP2
£180K05/210.53 mi101a, Boscombe Road, Southend-on-sea SS2 4JP2
£200K02/210.54 mi69a, Wimborne Road, Southend-on-sea SS2 4JR2
£190K06/210.55 mi43a, Honiton Road, Southend-on-sea SS1 2RY2
£150K06/210.56 mi7, Balmoral Road, Westcliff-on-sea, Southend-on-sea SS0 7DG2
£175K08/210.58 mi59, Ambleside Drive, Southend-on-sea SS1 2UT2
£200K06/210.58 mi31a, Christchurch Road, Southend-on-sea SS2 4JS2
£197.5K12/230.58 mi49, Ambleside Drive, Southend-on-sea SS1 2UT2
£189K03/210.59 mi55, Cheltenham Road, Southend-on-sea SS1 2SA2
£270K02/210.61 mi11a, Marine Avenue, Westcliff-on-sea, Southend-on-sea SS0 7PS2
£135K11/230.63 mi1, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JN2
£217.5K01/230.63 mi11a, Cheltenham Road, Southend-on-sea SS1 2SB2
£235K11/200.63 mi16, St Johns Road, Westcliff-on-sea, Southend-on-sea SS0 7JZ2
£184.5K10/210.64 mi46, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2
£150K12/200.64 mi82, Burdett Avenue, Westcliff-on-sea, Southend-on-sea SS0 7JW2

Local Rents

50 rents from £900/mo to £3.4K/mo, average is £1.3K/mo.

RentDateDistanceAddressBeds 
£1,15009/240.01 miChartwell Plaza, Southchurch Road, Southend On Sea2
£1,20009/240.07 mi16 Chichester Road, Southend On Sea, Essex, SS12
£1,05002/240.08 miHigh Street, Southend-On-Sea, Essex, SS12
£1,05009/240.11 mi-2
£1,45009/240.12 miCollege Way, Southend-on-Sea2
£1,37509/240.12 mi122-124 Ellaron Apartments, Flat 5, High Street, Southend-on-Sea2
£1,37509/240.14 mi122-124 Ellaron Apartments, Flat 1, High Street, Southend-on-Sea2
£1,10009/240.15 mi-2
£1,45009/240.15 mi-2
£1,60009/240.16 miSouthchurch Road, Southend-On-Sea, SS12
£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
£1,20009/240.16 miStation Approach, Southend-On-Sea, Essex, SS12
£90009/240.17 miWarrior Square, Southend-on-sea2
£1,10010/230.18 mi-2
£1,15003/240.2 miColeman Street, Southend-on-Sea2
£1,25002/240.2 mi-2
£1,30001/250.21 mi-2
£1,25009/240.21 miAshburnham Road, Southend-On-Sea2
£1,30003/250.21 mi-2
£1,40009/240.22 miVictoria Avenue, Southend on Sea, SS22
£1,70009/240.22 mi-2
£1,25009/240.23 mi-2
£1,25009/240.23 mi-2
£1,10009/240.23 miClifftown Road, Southend on Sea2
£1,20009/240.23 miClifftown Road, Southend on Sea2
£1,10009/240.23 miLondon Road, Westcliff-On-Sea2
£1,30004/250.23 mi-2
£1,30004/250.24 mi-2
£1,20002/240.25 miQueens Road, Southend-On-Sea2
£1,70009/240.29 miCambridge Road, Clifftown Conservation, SS12
£1,82007/240.29 mi-2
£1,69003/250.29 mi-2
£1,30004/250.29 mi-2
£1,50004/250.3 mi-2
£1,50004/250.3 mi-2
£1,35002/250.3 mi-2
£1,00009/240.3 miMontague Buildings, Southchurch Road, Southend-on-Sea, Essex2
£1,30010/230.31 mi-2
£1,45004/250.31 mi-2
£1,20009/240.33 mi-2
£1,20003/250.33 mi-2
£1,88007/240.33 mi-2
£3,40009/240.34 mi-2
£1,88009/240.34 mi-2
£1,32509/240.34 miThe Avenue, Southend-on-sea, Essex2
£1,32503/240.34 miThe Avenue, Southend-on-sea, Essex2

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.76 miles away

Nearest school

0.40 miles away

Nearest train station

0.12 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 £190,000

March 24, 2025

Listed for £200,000

March 1, 2025

Floor Plans

Description

  • A Modern Two (Doubles) Bedroom Fifth Floor Apartment +
  • Well Presented And Offered With No Onward Chain +
  • Allocated Parking Space In A Communal Car Park +
  • Offered To Investors Only £1350pcm Till 29.08.24 +
  • Modern Open Plan Living Lounge/Diner/Kitchenette +
  • Three Piece Modern Fitted Bathroom +
  • Situated In The Heart Of Southend City Centre +
  • Close Proximity To Shops And Restaurants +
  • Within Easy Reach Of The Beach And Seafront +
  • Close Proximity To Southend Victoria Railway Station +

TENANTED TILL 30TH AUGUST 2025

A Modern Two Bedroom Fifth Floor Apartment (With Lifts & Stairs) Offering An Open Plan Living Style With A Modern Three Piece Bathroom And An Allocated Parking Space

The property it situated in the heart of Southend-on-Sea City Centre close to shopping facilities, restaurants and amenities. In addition, it is within easy reach of Southend Victoria mainline railway station to London Liverpool Street and Southend Central station to London Fenchurch Street. It is within easy access to the beach and seafront with good local road transport links to the A13 and the A127

An opportunity has arisen to purchase this well presented two double bedroom fifth floor apartment with long lease, allocated parking and offered with no onward chain. The additional accommodation comprises an open plan lounge/diner with a modern fitted kitchen with integrated appliances and a modern fitted three-piece bath/shower room. Benefits include double glazing, electric heating and both lifts and stairs to all floors. Viewing advised to appreciate the quality and central location of the accommodation on offer.

The property is situated in the heart of Southend-on-Sea City Centre close to shopping facilities, restaurants and amenities. In addition, it is within easy reach of Southend Victoria mainline railway station to London Liverpool Street and Southend Central station to London Fenchurch Street. It is within easy access to the beach and seafront with good local road transport links to the A13 and the A127.

Agent Details

Bairstow Eves, Southend-on-Sea

01702 967948

Next Steps?

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