Weston Road, Southend-On-Sea, CASH PURCHASE ONLY
By Ocean Residential
£ 580,000
Reviews
2 out of 5 stars
Ocean Residential says ..
BUY-TO-LET INVESTMENT: FREEHOLD TERRACED PROPERTY COMPRISING FOUR FLATS IN THE CITY CENTRE WITH A POTENTIAL RENTAL INCOME OF £40,140 PER ANNUMA fantastic buy-to-let freehold residential investment consisting of four flats, with three currently let:Flat 8A - Let at £950 pcmFlat 8B - Let at £750
Property Oracle says ..
The property is located on Weston Road, Milton, Southend-on-Sea, Essex. It’s a 6-bedroom property with a total area of 642 sqft, and a plot size of 642 sqft. The list price is £580,000.
The property appears to be in a generally reasonable condition based on the provided images. While some minor cosmetic work might improve its presentation, there are no major issues visible. The property benefits from having what appears to be a small rear yard.
The location is reasonably convenient, with Southend Central train station being only 0.10km away, offering easy access to London. There are also several schools within a reasonable distance, including Porters Grange Primary School and Nursery (rated ‘Good’ by Ofsted) and Barons Court Primary School and Nursery (rated ‘Outstanding’). The proximity to transportation and schools is a positive aspect.
Considering the property’s condition, the small plot size, and its location near transportation and schools, the list price of £580,000 seems quite high. While the number of bedrooms is notable, the overall square footage is relatively small, which could affect the perceived value. A more detailed comparison with similar properties in the area, including their prices and sizes, would be needed to determine a more accurate assessment of the price’s reasonableness. The average price per sqft for nearby streets is unavailable, preventing a more precise price comparison.
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
- 4
- Condition
- 7
- Location
- 7
- Land
- 4
- Bedrooms
- 6
- Bathrooms
- 0
- Sqft (est)
- 642.00
- Lot (est)
- 642.00
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
- 328,606.00 £Increased by 5.04 %
- Est sale value
- 220,848.00 £Decreased by 14.85 %
- Average area rental value
- 1,137.00 £/moDecreased by 6.34 %
- Est letting value
- 642.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 4.15 %Decreased by 10.94 %
- Crime Rate
- 34.00 %Unchanged by 0.00 %
Agent Activity
Ocean Residential created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| South Essex College Of Further And Higher Education | Further Education | 0.44 KM | |
| Cambridge Road Children'S Centre | Children's Centre | 0.74 KM | |
| Porters Grange Primary School And Nursery | Academy Sponsor Led | Good | 0.93 KM |
| Barons Court Primary School And Nursery | Community School | Outstanding | 1.06 KM |
| St Mary'S, Prittlewell, Cofe Primary School | Voluntary Aided School | Good | 1.15 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Nelson Street | £ 0 | 0 | 0.00 KM |
| Ashburnham Road | £ 0 | 0 | 0.00 KM |
| The Deeping | £ 0 | 0 | 0.00 KM |
| Chichester Road | £ 0 | 0 | 0.00 KM |
| Queensway | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southend Central | 7456 | SOC | 0.10 KM |
| Southend Victoria | 7420 | SOV | 0.57 KM |
| Prittlewell | 7419 | PRL | 1.59 KM |
| Southend East | 7457 | SOE | 2.17 KM |
| Westcliff | 7476 | WCF | 2.31 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| 10 Weston Road, Southend-on-Sea, Essex, SS1 1AS | £ 500,000 | BUY | 4 / 10 | 0.02 KM |
| 8 Weston Road, Southend-on-Sea, Southend-on-Sea, SS1 1AS | £ 500,000 | BUY | 4 / 10 | 0.03 KM |
| 6 Weston Road, Southend-on-Sea, Essex, SS1 1AS | £ 500,000 | BUY | 5 / 10 | 0.04 KM |
| Clifftown Road, Southend On Sea | £ 135,000 | BUY | 5 / 10 | 0.04 KM |
| Clifftown Road, Southend-on-Sea | £ 140,000 | BUY | 5 / 10 | 0.05 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 14c Weston Road | £ 127,500 | 0.00 KM |
| 12c Weston Road | £ 23,500 | 0.00 KM |
| 6a Weston Road | £ 454,996 | 0.00 KM |
| 19 Weston Road | £ 110,000 | 0.00 KM |
| 14b Weston Road | £ 92,500 | 0.00 KM |