2 Bed Flat, Single Let, Leigh-on-Sea, SS9 2AJ, £235,000

London Road, Leigh-On-Sea, SS9 2AJ - 1 views - a month ago

Sold STC
Leasehold
BTL
ROI: 3%
~68 m²
+13 photos

ValuationUndervalued

Sold Prices£207.5K - £425K
Sold Prices/m²£2.5K/m² - £6.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£3.5K/m²

Value Estimate

£284,350
BMV21%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£58,750

Stamp Duty & Legal Fees

£12,950

Total Cash In

£71,700

 

 

Cash Out

 

Rent Range

£900 - £3,000

Rent Estimate

£1,200

Running Costs/mo

£994

Cashflow/mo

£206

Cashflow/yr

£2,468

ROI

3%

Gross Yield

6%

Local Sold Prices

52 sold prices from £207.5K to £425K, average is £285K. £2.5K/m² to £6.6K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£270K06/210.14 mi123a, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BH2
£235K01/210.15 mi12a, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU2
£235K01/210.15 mi12a, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU2
£270K02/210.17 mi1, Cranleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1SX2
£292.5K09/230.21 mi256a, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SA2
£260K07/210.23 mi1a, Cranleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1SX2
£280K11/200.24 mi193a, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SB2
£305K03/210.27 mi106a, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2AY2
£290K02/210.29 mi164a, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SQ2
£295K10/200.3 mi22, Victoria Drive, Leigh-on-sea, Southend-on-sea SS9 1SF2
£227.5K12/200.3 mi42, Victoria Drive, Leigh-on-sea, Southend-on-sea SS9 1SF2
£340K06/210.3 mi22a, Victoria Drive, Leigh-on-sea, Southend-on-sea SS9 1SF2
£265K10/230.31 mi127, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SP2
£315K08/230.31 mi24, Torquay Drive, Leigh-on-sea, Southend-on-sea SS9 1SE2
£300K12/220.31 mi15, Victoria Drive, Leigh-on-sea, Southend-on-sea SS9 1SF2
£295K12/220.31 mi35a, Torquay Drive, Leigh-on-sea, Southend-on-sea SS9 1SD2
£285K10/200.32 mi49a, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QX2
£285K10/200.32 mi49a, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QX2
£301K06/230.32 mi24, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX2
£265K07/230.32 mi46, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX2
£265K07/230.32 mi46, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX2
£340K11/200.33 mi115, Salisbury Road, Leigh-on-sea, Southend-on-sea SS9 2JN2
£330K01/230.33 mi130a, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RU2
£287.5K12/230.34 mi97a, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DB2
£325K08/230.34 mi130, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RU2
£270K09/210.36 mi62, Olivia Drive, Leigh-on-sea, Southend-on-sea SS9 3EG2
£270K09/210.36 mi62, Olivia Drive, Leigh-on-sea, Southend-on-sea SS9 3EG2
£295K06/230.36 mi64a, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1QZ2
£364K01/210.37 mi88, Grange Road, Leigh-on-sea, Southend-on-sea SS9 2HT2
£263K03/210.38 mi103a, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RR2
£328K10/230.38 mi87a, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RR2
£275K05/210.39 mi1099, London Road, Leigh-on-sea, Southend-on-sea SS9 3JJ2
£308K02/210.4 mi88, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RS2
£285K01/230.4 mi78a, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RS2
£210K05/230.4 mi86b, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RS2
£280K12/220.43 miFlat 86, St Clements Court East, Broadway West, Leigh-on-sea, Southend-on-sea SS9 2BS2
£306K10/200.43 mi71a, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PT2
£207.5K02/210.44 miFlat 77, St Clements Court East, Broadway West, Leigh-on-sea, Southend-on-sea SS9 2BS2
£268K02/210.44 miFlat 91, St Clements Court East, Broadway West, Leigh-on-sea, Southend-on-sea SS9 2BS2
£255K03/230.44 miFlat 89, St Clements Court East, Broadway West, Leigh-on-sea, Southend-on-sea SS9 2BS2
£215K09/230.44 miFlat 85, St Clements Court East, Broadway West, Leigh-on-sea, Southend-on-sea SS9 2BS2
£240K06/210.44 mi56, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QA2
£310K11/200.45 mi144a, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RA2
£375K11/230.46 mi149, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RE2
£240K05/210.47 mi1533, London Road, Leigh-on-sea, Southend-on-sea SS9 2SF2
£270K03/230.47 mi16a, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ2
£261.5K06/210.48 mi29a, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1RL2
£297K12/230.48 mi12, East Street, Leigh-on-sea, Southend-on-sea SS9 1QF2
£300K12/220.49 mi32b, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1RN2
£280K09/210.5 mi8, Alexandra Road, Leigh-on-sea, Southend-on-sea SS9 1QD2
£425K09/210.5 mi34a, Marine Parade, Leigh-on-sea, Southend-on-sea SS9 2NB2
£295K06/210.5 mi63a, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH2

Local Rents

40 rents from £900/mo to £3K/mo, average is £1.4K/mo.

RentDateDistanceAddressBeds 
£1,60002/250.04 mi-2
£1,20009/240.09 miTankerville Drive, Leigh-on-Sea, SS92
£1,25009/240.11 miLeigh on Sea2
£1,20009/240.13 miTankerville Drive, Leigh-on-Sea2
£1,42503/250.17 mi-2
£1,20009/240.21 miElm Road, Leigh-On-Sea, Essex, SS92
£1,25009/240.21 mi-2
£3,00009/240.22 mi-2
£1,40009/240.27 miGlendale Gardens, Leigh-on-Sea2
£1,09512/240.28 mi-2
£1,45009/240.28 miLeigh Hall Road, Leigh-on-Sea2
£1,25009/240.3 miSalisbury Road, Leigh-on-Sea2
£1,29504/250.32 mi-2
£1,30009/240.37 mi43a Pall MallLeigh On SeaEssex2
£1,25009/240.37 miLeigh on Sea - Marine Estate2
£1,25009/240.38 miHadleigh Road, Leigh On Sea, Essex2
£1,75009/240.38 miLeighton Avenue, Leigh-On-Sea2
£1,50009/240.41 mi-2
£99509/240.44 miSt Clements Court, Broadway West, Leigh-on-Sea2
£1,25009/240.47 miLondon Road, Leigh-on-Sea2
£1,45004/250.47 mi-2
£1,25009/240.47 miPall Mall, Leigh-on-Sea2
£1,25002/250.47 mi-2
£1,65009/240.48 miThe Broadway, Leigh on sea, Leigh on sea, 2
£1,95009/240.48 miWest Street, Leigh On Sea2
£1,25009/240.5 miBroadway, Leigh-On-Sea2
£1,35009/240.5 miLaurel Close, Leigh-on-Sea2
£1,15009/240.52 miPavilion Drive, Leigh on sea2
£1,45009/240.53 mi-2
£1,65003/250.54 mi-2
£1,35012/240.55 mi-2
£1,55012/240.56 mi-2
£1,20009/240.57 miLeigh Road, Leigh-On-Sea2
£1,49509/240.57 miGrange Park Drive Leigh On Sea2
£1,45006/240.58 mi-2
£90012/240.6 mi-2
£1,35012/240.6 mi-2
£1,90003/250.61 mi-2
£1,37509/240.62 miSuffolk Avenue, Leigh on Sea2
£2,10003/250.62 mi-2

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.41 miles away

Nearest school

0.20 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £235,000

March 3, 2025

Floor Plans

Description

  • Wonderful Top Floor West Facing Apartment +
  • Open Plan Lounge/Kitchen +
  • Communal Gardens +
  • Off Street Parking +
  • Perfectly Located For Local Amenities Including Leigh Broadway +

Home Of Leigh are delighted to offer for sale this wonderful top floor, west facing apartment which is situated in a convenient position on the London Road close to Waitrose, local bus routes and also within easy reach of the Broadway and mainline railway station, giving direct access to London Fenchurch Street.

The accommodation comprises; spacious entrance hall, a great size lounge which is open plan to a fitted kitchen, two good size bedrooms and a three piece bathroom suite, whilst externally the property benefits from communal gardens to the rear along with allocated off street parking.

Located on the corner of Southsea Avenue and the London Road, this charming apartment is perfectly located for local amenities which include both Sainsburys & Waitrose supermarkets, local bus routes and of course Leigh Broadway with its array of shops, bars, restaurants and boutiques.

Entrance - Communal secure entrance door leading to:

Communal Hallway - Stairs leading to the second floor accommodation with further private entrance door to:

Entrance Hall - 3.68m x 3.68m < to 2.16m (12'1 x 12'1 < to 7'1) - A spacious entrance hall, carpet, two built-in storage cupboards - one housing ample storage, the other housing a floor standing hot water tank, smooth plastered ceiling with access to loft space, wall mounted electric heater. Wall mounted entry phone system. Doors to:

Open Plan Lounge/Kitchen -

Lounge Area - 4.90m x 3.07m (16'1 x 10'1) - Double glazed window to side aspect, carpet, two wall light points, smooth plastered ceiling, wall mounted electric heater. Open plan to:

Kitchen - 3.73m x 1.96m (12'3 x 6'5) - The kitchen is fitted to include a stainless single drainer sink unit with mixer tap inset into a range of roll edge work surfaces with cupboards and drawers beneath, appliance space for cooker, space for fridge/freezer and further space & plumbing for washing machine & dishwasher, further range of matching wall mounted units with fitted extractor hood, tiled splash backs, vinyl flooring.

Bedroom One - 5.54m x 2.77m (18'2 x 9'1) - A great size main bedroom with double glazed window to side aspect, carpet, smooth plastered ceiling, wall mounted electric heater.

Bedroom Two - 3.89m x 1.91m (12'9 x 6'3) - Double glazed window to side aspect, carpet, smooth plastered ceiling, wall mounted electric heater.

Bathroom - 1.96m x 1.65m (6'5 x 5'5) - Three piece comprising paneled bath with shower unit over, low level w.c, pedestal wash hand basin, fully tiled surrounding walls, smooth plastered ceiling, wall mounted electric heater.

Externally - The property benefits from communal lawns to the rear.

Parking - The property benefits from one allocated parking space.

Lease Information - Lease: 159 years remaining
Ground Rent: £150 Per Annum
Service Charge: Approx £810.43 Per Annum including building insurance

Please note this lease information has been provided by the vendor and we have not substantiated it with solicitors.

Agent Details

Home, Leigh on sea

01702 967219

Next Steps?

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