Fairfax Drive, Westcliff-On-Sea, Essex, SS0
OC

Fairfax Drive, Westcliff-On-Sea, Essex, SS0

By Ocean Residential

£ 700,000

Reviews

2 out of 5 stars

Ocean Residential says ..

Investment Opportunity in Westcliff on Sea: Prime Block of Five Flats Price: £7250,000 (Vendor Open to Sensible Offers)Ocean Residential is thrilled to present a lucrative investment opportunity in Westcliff on Sea. This prime block of five flats, each with its own entrance, is now available for pu

Property Oracle says ..

This property in Westcliff-on-Sea comprises a multi-unit building, potentially a converted house, offering a significant number of bedrooms and bathrooms. The location in Westcliff-on-Sea is a positive aspect, offering proximity to transport links and schools, enhancing its potential appeal for families or investors. The nearby amenities, as indicated by the available data on nearby streets, suggest a generally affluent area with a range of properties. However, the condition of the property needs significant attention. The presented interior images reveal a disparity in the state of different areas, ranging from moderately well-maintained to those requiring significant repairs and modernisation. Furniture and personal belongings in the photographs also reduce the impact of the images for valuation purposes. Furthermore, the lack of a garden and a plot size of 0.00 sqft limits its appeal to potential buyers. The current list price, while competitive, needs deeper analysis against the cost of necessary renovations to determine its true value. Without additional specifications on individual unit sizes, it’s difficult to determine a precise price per square foot and thus the accuracy of the listed price. Further investigation of comparable properties and a professional survey are strongly recommended before making a purchase decision.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
4
Location
7
Land
1
Bedrooms
9
Bathrooms
5
Sqft (est)
468.23

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
318,816.00 £
Decreased by 2.54 %
from 327,134.00 £
Est sale value
166,689.88 £
Decreased by 5.57 %
from 176,522.71 £
Average area rental value
1,709.00 £/mo
Increased by 11.63 %
from 1,531.00 £/mo
Est letting value
468.23 £/mo
Unchanged by 0.00 %
from 468.23 £/mo
Est rental Yield
6.43 %
Increased by 14.41 %
from 5.62 %
Crime Rate
5.00 %
Unchanged by 0.00 %
from 5.00 %

Agent Activity

  • Ocean Residential created the listing.

Nearby Schools

NameTypeOfstedDistance
Lancaster SchoolAcademy Special Converter0.45 KM
Chase High SchoolAcademy Sponsor LedRequires improvement0.45 KM
Southend High School For BoysAcademy ConverterOutstanding0.55 KM
Westborough AcademyAcademy ConverterRequires improvement0.76 KM
Earls Hall Primary SchoolCommunity SchoolGood0.77 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Highfield Drive £ 000.00 KM
Lavender Mews £ 000.00 KM
Valkyrie Road £ 000.00 KM
Roots Hall West Stand £ 000.00 KM
Tintern Avenue £ 194,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Westcliff7476WCF1.40 KM
Prittlewell7419PRL2.04 KM
Southend Victoria7420SOV2.32 KM
Southend Airport4787SIA2.52 KM
Southend Central7456SOC2.58 KM

Nearby Listings

AddressPriceTypeScoreDistance
240, Fairfax Drive, Westcliff-on-Sea, Essex, SS0 9EJ £ 600,000BUY5 / 100.01 KM
Brightwell Avenue, Westcliff-On-Sea £ 230,000BUY5 / 100.05 KM
Ramuz Drive, Westcliff-On-Sea £ 145,000BUY6 / 100.06 KM
RAMUZ DRIVE, Westcliff-On-Sea £ 375,000BUY7 / 100.08 KM
RAMUZ DRIVE, Westcliff-On-Sea £ 160,000BUY5 / 100.08 KM

Nearby Properties

AddressPriceDistance
232 Fairfax Drive £ 80,0000.00 KM
254 Fairfax Drive £ 155,0000.00 KM
256 Fairfax Drive £ 137,0000.00 KM
250 Fairfax Drive £ 145,0000.00 KM
236 Fairfax Drive £ 79,9950.00 KM