4 Bed HMO, Southend-on-Sea, SS1 2HG, £330,000

St. Leonards Road, Southend-on-Sea, Essex, SS1 2HG - 5 views - a month ago

Sold STC
HMO
ROI: 6%
~129 m²
+12 photos

ValuationUndervalued

Sold Prices£175K - £900K
Sold Prices/m²£2.1K/m² - £5.1K/m²

 

 

Square Metres

~129.26 m²
Price/m²£2.6K/m²

Value Estimate

£403,200
BMV22%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£82,500

Stamp Duty & Legal Fees

£21,700

Total Cash In

£104,200

 

 

Cash Out

 

Room Rate

£637

Gross Rent

£2,548

Running Costs/mo

£2,055

Cashflow/mo

£493

Cashflow/yr

£5,917

ROI

6%

Gross Yield

9%

Local Sold Prices

51 sold prices from £175K to £900K, average is £420K. £2.1K/m² to £5.1K/m², average is £3.1K/m².

PriceDateDistanceAddressBeds 
£475K03/230.16 mi28, Kilworth Avenue, Southend-on-sea SS1 2DT4
£175K07/210.2 mi2, Honiton Road, Southend-on-sea SS1 2RT4
£387.5K10/200.29 mi32, Cheltenham Road, Southend-on-sea SS1 2SA4
£455K07/230.29 mi35, Cheltenham Road, Southend-on-sea SS1 2SA4
£400K11/200.29 mi191, York Road, Southend-on-sea SS1 2RU4
£420K12/200.29 mi217, York Road, Southend-on-sea SS1 2RU4
£392.8K03/230.39 mi67, Ambleside Drive, Southend-on-sea SS1 2UT4
£335K01/210.4 mi10, Boscombe Road, Southend-on-sea SS2 5JD4
£605K02/210.4 mi7, Capel Terrace, Southend-on-sea SS1 1EX4
£605K02/210.4 mi7, Capel Terrace, Southend-on-sea SS1 1EX4
£437K02/210.42 mi21, Boscombe Road, Southend-on-sea SS2 5JE4
£375K06/210.42 mi61, Boscombe Road, Southend-on-sea SS2 5JE4
£404K11/200.43 mi97, Woodgrange Drive, Southend-on-sea SS1 2SE4
£350K10/230.43 mi115, Woodgrange Drive, Southend-on-sea SS1 2SE4
£900K06/210.47 mi5, Cashiobury Terrace, Southend-on-sea SS1 1EZ4
£335K03/230.47 mi82, Boscombe Road, Southend-on-sea SS2 4JP4
£475K08/220.48 mi113, Woodgrange Drive, Southend-on-sea SS1 2SE4
£339K09/210.49 mi3, Wimborne Road, Southend-on-sea SS2 5JG4
£466K01/210.49 mi31, Cambridge Road, Southend-on-sea SS1 1ET4
£385K03/210.5 mi105, Victoria Road, Southend-on-sea SS1 2TF4
£405K05/230.5 mi87, Victoria Road, Southend-on-sea SS1 2TF4
£395K02/210.5 mi192, Victoria Road, Southend-on-sea SS1 2TB4
£678K04/210.5 mi37, Cambridge Road, Southend-on-sea SS1 1ET4
£410K04/210.5 mi96, Victoria Road, Southend-on-sea SS1 2TF4
£280K08/210.5 mi45, Napier Avenue, Southend-on-sea SS1 1LY4
£380K10/200.5 mi26, Scratton Road, Southend-on-sea SS1 1EN4
£516K08/230.51 mi13, Runwell Terrace, Southend-on-sea SS1 1HA4
£380K07/230.54 mi69, Christchurch Road, Southend-on-sea SS2 4JW4
£380K07/230.54 mi69, Christchurch Road, Southend-on-sea SS2 4JW4
£690K11/220.55 mi34, Cambridge Road, Southend-on-sea SS1 1ES4
£540K01/230.55 mi28, Kensington Road, Southend-on-sea SS1 2SY4
£397.5K03/230.57 mi8, Branksome Road, Southend-on-sea SS2 4HQ4
£425K01/210.59 mi12, Kensington Road, Southend-on-sea SS1 2SY4
£470K12/220.59 mi135, Brunswick Road, Southend-on-sea SS1 2UL4
£360K12/200.6 mi117, Brunswick Road, Southend-on-sea SS1 2UL4
£495K11/200.6 mi77, Cambridge Road, Southend-on-sea SS1 1EP4
£555K06/210.6 mi62, Cambridge Road, Southend-on-sea SS1 1ES4
£385K06/210.6 mi23, Ilfracombe Avenue, Southend-on-sea SS1 2QX4
£457K10/220.61 mi68, Cambridge Road, Southend-on-sea SS1 1ES4
£341.5K08/230.61 mi78, Central Avenue, Southend-on-sea SS2 5HS4
£412K11/210.62 mi56, Park Street, Westcliff-on-sea, Southend-on-sea SS0 7PA4
£445K06/210.62 mi132, Brunswick Road, Southend-on-sea SS1 2UJ4
£485K08/230.62 mi40, Brunswick Road, Southend-on-sea SS1 2UH4
£500K12/200.62 mi10, Northumberland Crescent, Southend-on-sea, Essex SS1 2XA4
£295K03/210.63 mi112, South Avenue, Southend-on-sea SS2 4HU4
£590K10/220.64 mi75, Eastern Esplanade, Southend-on-sea SS1 2YT4
£430K03/210.65 mi104, Sandringham Road, Southend-on-sea SS1 2UG4
£800K12/220.66 mi36, Park Road, Westcliff-on-sea, Southend-on-sea SS0 7PQ4
£380K03/210.66 mi17, Lovelace Avenue, Southend-on-sea SS1 2QU4
£546K11/220.66 mi287, Woodgrange Drive, Southend-on-sea SS1 2SQ4
£437.5K06/210.67 mi80, Sandringham Road, Southend-on-sea SS1 2UG4

Local Area Statistics

Population in SS1

26,369

Population in Southend-on-Sea

106,129

Town centre distance

0.98 miles away

Nearest school

0.30 miles away

Nearest train station

0.37 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+40%

Sales demand

Buyer's market

Capital growth (5yrs)

+21%

Property History

Listed for £330,000

March 1, 2025

Floor Plans

Description

We present this recently refurbished Victorian three/ four (double) bedroom mid terraced family home with an approximate 40ft rear garden and resident permit parking, which is situated in the heart of Southend-on-Sea and is offered to the market with no onward chain. At present the property is an HMO property but still ideal for standerd buer as well as investor.To fully appreciate an early internal viewing is strongly advised.

Agent Details

Bairstow Eves, Southend-on-Sea

01702 967948

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪