Morgan Brookes says ..
Morgan Brookes believe - This is a fantastic investment opportunity to purchase a one bedroom ground floor flat within this semi detached house. The property has a tenant in situ currently achieving a monthly rent of £675 pcm. Our Sellers love - The property is located close to Southend...
Property Oracle says ..
This one-bedroom flat located in Southend-on-Sea, Essex, presents an interesting investment opportunity. The property’s location is a significant advantage, with easy access to the seafront, train stations, and schools, enhancing its rental potential. The exterior of the building appears in good order, while the interior, shown in the limited images, suggests a need for some modernisation. While the lack of private outdoor space is a drawback, this is common for flats of this type. The listing price of £125,000 appears to be in line with other one-bedroom flats in the area, especially considering its status as a rental property. It is important to note that more information, particularly the flat’s interior condition and any structural details, would allow a much more thorough assessment. Further research into York Road’s specific market values would improve analysis. The average price per square foot is not provided. Data on the property’s plot size and detailed internal space may not be fully accurate which would affect the price per square foot and thus the overall analysis. This would affect the value more precisely. The property’s current rental income is an attractive attribute for investors but should be verified independently.
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
- 7
- Condition
- 5
- Location
- 7
- Land
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 287.40
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 %
- Est sale value
- 93,692.40 £Increased by 18.98 %
- Average area rental value
- 965.00 £/moDecreased by 13.45 %
- Est letting value
- 287.40 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.86 %Decreased by 24.46 %
- Crime Rate
- 34.00 %Unchanged by 0.00 %
Agent Activity
Morgan Brookes created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Porters Grange Primary School And Nursery | Academy Sponsor Led | Good | 0.30 KM |
| Sacred Heart Catholic Primary School | Academy Converter | 0.67 KM | |
| Centre Place Family Centre | Children's Centre | 0.83 KM | |
| Bournemouth Park Academy | Academy Converter | Good | 1.11 KM |
| South Essex College Of Further And Higher Education | Further Education | 1.26 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pleasant Road | £ 160,000 | 0 | 0.00 KM |
| Seaway | £ 0 | 0 | 0.00 KM |
| Marine Parade | £ 0 | 0 | 0.00 KM |
| Queensway | £ 0 | 0 | 0.00 KM |
| Swanage Road | £ 295,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southend Central | 7456 | SOC | 1.03 KM |
| Southend Victoria | 7420 | SOV | 1.20 KM |
| Southend East | 7457 | SOE | 1.24 KM |
| Prittlewell | 7419 | PRL | 1.97 KM |
| Westcliff | 7476 | WCF | 3.26 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| York Road, Southend-On-Sea | £ 93,000 | BUY | 5 / 10 | 0.00 KM |
| York Road, Southend-On-Sea | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| York Road, Southend-On-Sea | £ 125,000 | BUY | 5 / 10 | 0.00 KM |
| York Road, Southend-On-Sea | £ 105,000 | BUY | 5 / 10 | 0.00 KM |
| Flat 4, 138 York Road, Southend-on-Sea, Essex, SS1 2EA | £ 50,000 | BUY | 5 / 10 | 0.01 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 124a York Road | £ 124,995 | 0.01 KM |
| 130 York Road | £ 60,000 | 0.01 KM |
| 128a York Road | £ 71,500 | 0.04 KM |
| 146 York Road | £ 358,000 | 0.04 KM |
| 20 Albert Road | £ 142,500 | 0.05 KM |