Cromer Road, Southend-on-sea, SS1
By Gilbert & Rose
£ 215,000
Reviews
2 out of 5 stars
Gilbert & Rose says ..
This one-bedroom first-floor flat presents a rare investment opportunity. Benefiting from full freehold ownership of the entire building, this property offers long-term potential and flexibility for investors or owner-occupiers alike
Property Oracle says ..
This one bedroom flat is located on Cromer Road in Southend-on-Sea, Essex. The property benefits from being close to several schools, including Porters Grange Primary School and Nursery (0.27km) and Bournemouth Park Academy (1.01km), both rated as ‘Good’ by Ofsted. Southend East c2c station is also within walking distance (1.09km). The flat itself is in need of modernisation, as seen in the provided images. The kitchen and bathroom appear dated, and the decor throughout is tired. However, the property does include a small, paved rear garden, offering some outdoor space. While the list price of £215,000 is below the average price for the area (£275,805), the significantly smaller size (500 sqft compared to the average of 1,590 sqft) and the need for renovation should be considered. Nearby comparable properties on Cromer Road range in price from £50,000 to £280,000, reflecting the varied condition and size of the properties in the area. Considering the condition, size, and location, the price may be slightly above average for a property requiring significant modernisation.
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
- 5
- Condition
- 4
- Location
- 7
- Land
- 3
- Bedrooms
- 1
- Bathrooms
- 1
- Sqft (est)
- 500.00
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
- 300,278.00 £Increased by 14.65 %
- Est sale value
- 163,000.00 £Increased by 18.98 %
- Average area rental value
- 965.00 £/moDecreased by 13.45 %
- Est letting value
- 500.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.86 %Decreased by 24.46 %
- Crime Rate
- 32.00 %Unchanged by 0.00 %
Agent Activity
Gilbert & Rose created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Porters Grange Primary School And Nursery | Academy Sponsor Led | Good | 0.27 KM |
| Sacred Heart Catholic Primary School | Academy Converter | 0.51 KM | |
| Centre Place Family Centre | Children's Centre | 0.76 KM | |
| Bournemouth Park Academy | Academy Converter | Good | 1.01 KM |
| South Essex College Of Further And Higher Education | Further Education | 1.36 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Pleasant Road | £ 160,000 | 0 | 0.00 KM |
| Seaway | £ 0 | 0 | 0.00 KM |
| Queensway | £ 0 | 0 | 0.00 KM |
| Marine Parade | £ 0 | 0 | 0.00 KM |
| Swanage Road | £ 295,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Southend East | 7457 | SOE | 1.09 KM |
| Southend Central | 7456 | SOC | 1.15 KM |
| Southend Victoria | 7420 | SOV | 1.27 KM |
| Prittlewell | 7419 | PRL | 1.96 KM |
| Westcliff | 7476 | WCF | 3.39 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Cromer Road, Southend-on-sea, SS1 | £ 215,000 | BUY | 4 / 10 | 0.00 KM |
| Cromer Road, Southend-On-Sea | £ 155,950 | BUY | Unknown | 0.01 KM |
| Cromer Road, Southend-on-Sea, SS1 | £ 235,000 | BUY | 6 / 10 | 0.02 KM |
| Cromer Road, Southend-on-Sea, SS1 | £ 157,500 | BUY | 5 / 10 | 0.04 KM |
| Cromer Road, Southend-On-Sea, Essex, SS1 | £ 170,000 | BUY | 6 / 10 | 0.04 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 17 Cromer Road | £ 82,000 | 0.01 KM |
| 20a Cromer Road | £ 170,000 | 0.01 KM |
| 8 Cromer Road | £ 189,000 | 0.04 KM |
| 17b Cromer Road | £ 100,000 | 0.04 KM |
| 12 Cromer Road | £ 245,000 | 0.04 KM |