Richmond House, Southend-On-Sea SS2 6FP
FI

Richmond House, Southend-On-Sea SS2 6FP

By First Step

£ 121,000

Reviews

2 out of 5 stars

First Step says ..

**SHARED OWNERSHIP** MODERN and SPACIOUS two bedroom 5th floor apartment with BALCONY and ALLOCATED PARKING in a landmark development, Richmond House. ONLY £121,000 for a 55% SHARE.

Property Oracle says ..

This listing is for a 55% share of a two-bedroom apartment in Richmond House, Southend-on-Sea. The apartment is situated in a modern development, convenient to Southend Victoria train station and several schools. The interior images show a recently renovated or modern kitchen and bathroom, suggesting a property in good condition. However, the provided information is lacking in several key areas, hindering a comprehensive analysis. The most significant omission is the absence of the property’s square footage, which is essential in determining value. The price reflects this fact and may reflect a competitive pricing strategy within a shared-ownership scheme. The list price for the share is considerably lower than some other properties listed in the area. Potential buyers should undertake thorough due diligence, including a full property survey and investigation of the shared ownership agreement terms, before making an offer. Further information on service charges and ground rent would be beneficial in understanding the full cost of ownership.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
6
Condition
8
Location
7
Land
1
Bedrooms
2
Bathrooms
1

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
273,072.00 £
Decreased by 1.50 %
from 277,242.00 £
Average area rental value
1,340.00 £/mo
Increased by 9.39 %
from 1,225.00 £/mo
Est rental Yield
5.89 %
Increased by 11.13 %
from 5.30 %
Crime Rate
6.00 %
Unchanged by 0.00 %
from 6.00 %

Agent Activity

  • First Step created the listing.

Nearby Schools

NameTypeOfstedDistance
St Mary'S, Prittlewell, Cofe Primary SchoolVoluntary Aided SchoolGood0.32 KM
Southend Ymca Community SchoolFree Schools Alternative ProvisionGood0.52 KM
St Helen'S Catholic Primary SchoolAcademy Converter0.57 KM
South Essex College Of Further And Higher EducationFurther Education0.61 KM
Barons Court Primary School And NurseryCommunity SchoolOutstanding0.82 KM

Images

Richmond House Kitchen Lounge & Dining Kitchen Lounge Bathroom Bedroom 1 Hallway Hall Storage Bedroom 2 Storage cupboard Richmond House

Nearby Streets

NameAverage PriceAverage SqftDistance
Tunbridge Road £ 350,00000.00 KM
East Street £ 000.00 KM
Grainger Close £ 000.00 KM
Salisbury Mews £ 325,00000.00 KM
Railway Terrace £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Southend Victoria7420SOV0.56 KM
Prittlewell7419PRL0.77 KM
Southend Central7456SOC0.96 KM
Westcliff7476WCF1.95 KM
Southend Airport4787SIA2.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Richmond House, Southend-On-Sea SS2 6FP £ 220,000BUY5 / 100.00 KM
Richmond House, Southend-On-Sea SS2 6FP £ 121,000BUY5 / 100.00 KM
Beaumont Court, Victoria Avenue, Southend-on-Sea £ 230,000BUY5 / 100.01 KM
The Pinnacle, Southend On Sea £ 180,000BUYUnknown0.03 KM
The Pinnacle, 59 Victoria Avenue,Southend £ 175,000BUY6 / 100.03 KM

Nearby Properties

AddressPriceDistance
59 Baxter Avenue £ 159,0000.15 KM
57 Baxter Avenue £ 124,9950.15 KM
75 Baxter Avenue £ 160,0000.19 KM
75b Baxter Avenue £ 135,5000.19 KM
81a Baxter Avenue £ 130,0000.19 KM