Cromer Road, Southend-on-sea, SS1
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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 %
from 261,916.00 £
Est sale value
163,000.00 £
Increased by 18.98 %
from 137,000.00 £
Average area rental value
965.00 £/mo
Decreased by 13.45 %
from 1,115.00 £/mo
Est letting value
500.00 £/mo
Unchanged by 0.00 %
from 500.00 £/mo
Est rental Yield
3.86 %
Decreased by 24.46 %
from 5.11 %
Crime Rate
32.00 %
Unchanged by 0.00 %
from 32.00 %

Agent Activity

  • Gilbert & Rose created the listing.

Nearby Schools

NameTypeOfstedDistance
Porters Grange Primary School And NurseryAcademy Sponsor LedGood0.27 KM
Sacred Heart Catholic Primary SchoolAcademy Converter0.51 KM
Centre Place Family CentreChildren's Centre0.76 KM
Bournemouth Park AcademyAcademy ConverterGood1.01 KM
South Essex College Of Further And Higher EducationFurther Education1.36 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 East7457SOE1.09 KM
Southend Central7456SOC1.15 KM
Southend Victoria7420SOV1.27 KM
Prittlewell7419PRL1.96 KM
Westcliff7476WCF3.39 KM

Nearby Listings

AddressPriceTypeScoreDistance
Cromer Road, Southend-on-sea, SS1 £ 215,000BUY4 / 100.00 KM
Cromer Road, Southend-On-Sea £ 155,950BUYUnknown0.01 KM
Cromer Road, Southend-on-Sea, SS1 £ 235,000BUY6 / 100.02 KM
Cromer Road, Southend-on-Sea, SS1 £ 157,500BUY5 / 100.04 KM
Cromer Road, Southend-On-Sea, Essex, SS1 £ 170,000BUY6 / 100.04 KM

Nearby Properties

AddressPriceDistance
17 Cromer Road £ 82,0000.01 KM
20a Cromer Road £ 170,0000.01 KM
8 Cromer Road £ 189,0000.04 KM
17b Cromer Road £ 100,0000.04 KM
12 Cromer Road £ 245,0000.04 KM