York Road, Southend-on-Sea, SS1
GR

York Road, Southend-on-Sea, SS1

By Griffin Property Co.

£ 480,000

Reviews

2 out of 5 stars

Griffin Property Co. says ..

**ATTENTION INVESTORS** **8-Bedroom HMO Property located in Southend-On-Sea** This property is comprised of eight separate flats, each with its own kitchen facilities and bathrooms accessed from the communal hallways across three floors. The building has a fully compliant fire detection syste

Property Oracle says ..

This property is located on York Road in Southend-on-Sea, a location with convenient access to transportation links such as Southend Central and Southend Victoria train stations, both within a kilometer of the property. The area also has several schools nearby, including Porters Grange Primary School and Bournemouth Park Academy, both rated as “Good” by Ofsted. However, the plot size is listed as 0.00 sqft, indicating a lack of garden space. The property itself appears to be a period property in need of some modernisation, as evidenced by the image. The list price of £480,000 is significantly higher than the average price of £275,805 for properties in the area. Considering the average price per sqft of £173 and the property size of 1,488.65 sqft, a rough estimate of the expected price would be around £257,000. The significant discrepancy between the list price and this estimate, coupled with the need for potential renovations, makes the property appear overpriced. Nearby properties are mostly flats with significantly lower prices, further supporting the notion that the list price is high.

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
3
Condition
6
Location
7
Land
1
Bedrooms
8
Bathrooms
8
Sqft (est)
1,488.65

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
300,278.00 £
Increased by 14.65 %
from 261,916.00 £
Est sale value
485,299.90 £
Increased by 18.98 %
from 407,890.10 £
Average area rental value
965.00 £/mo
Decreased by 13.45 %
from 1,115.00 £/mo
Est letting value
1,488.65 £/mo
Unchanged by 0.00 %
from 1,488.65 £/mo
Est rental Yield
3.86 %
Decreased by 24.46 %
from 5.11 %
Crime Rate
27.00 %
Unchanged by 0.00 %
from 27.00 %

Agent Activity

  • Griffin Property Co. marked this listing as sold.

  • Griffin Property Co. created the listing.

Nearby Schools

NameTypeOfstedDistance
Porters Grange Primary School And NurseryAcademy Sponsor LedGood0.25 KM
Sacred Heart Catholic Primary SchoolAcademy Converter0.70 KM
Centre Place Family CentreChildren's Centre0.91 KM
Bournemouth Park AcademyAcademy ConverterGood1.07 KM
South Essex College Of Further And Higher EducationFurther Education1.19 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Pleasant Road £ 160,00000.00 KM
Seaway £ 000.00 KM
Queensway £ 000.00 KM
Marine Parade £ 000.00 KM
Swanage Road £ 295,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Southend Central7456SOC0.96 KM
Southend Victoria7420SOV1.12 KM
Southend East7457SOE1.29 KM
Prittlewell7419PRL1.89 KM
Westcliff7476WCF3.20 KM

Nearby Listings

AddressPriceTypeScoreDistance
York Road, Southend-on-Sea, SS1 £ 480,000BUY4 / 100.00 KM
117 York Road, Southend-On-Sea SS1 2DL £ 500,000BUY5 / 100.01 KM
Flat 2, 126 York Road, Southend-on-Sea, Southend-on-Sea, SS1 2EA £ 100,000BUY6 / 100.05 KM
York Road, Southend-on-Sea £ 140,000BUY5 / 100.05 KM
124A York Road, Southend-on-Sea, Essex, SS1 2EA £ 120,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
97 York Road £ 323,5000.06 KM
111c York Road £ 169,9950.06 KM
91 York Road £ 118,5000.06 KM
91a York Road £ 155,0000.06 KM
146 York Road £ 358,0000.06 KM