Redstock Road, Southend-on-Sea
CO

Redstock Road, Southend-on-Sea

By Cooper Beard Estate Agency Limited

£ 500,000

Reviews

2 out of 5 stars

Cooper Beard Estate Agency Limited says ..

We are pleased to offer for sale this freehold interest of a potential development site. The site totals 0.1 ha (0.49 Acres) and is currently occupied by industrial buildings over two floors. The previous use of the premises was for a producer and distributor for specialists (cont.)

Property Oracle says ..

The property on Redstock Road, Southend-on-Sea, presents a unique opportunity for redevelopment. Currently occupied by what appears to be dilapidated commercial buildings, the site has approved planning permission for a new multi-unit residential development. Its location offers good access to transportation and schools, making it attractive for families and commuters. However, the existing condition of the property necessitates significant investment to either renovate or demolish the current structures. The asking price of £500,000 reflects the potential of the site, but prospective buyers should factor in the costs associated with preparing the land for development. The surrounding area is a mix of residential and commercial properties, which may appeal to some but not others. Overall, this property is best suited for developers or investors willing to undertake a substantial project.

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
5
Condition
3
Location
7
Land
6
Bedrooms
0
Bathrooms
0

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
273,072.00 £
Decreased by 1.50 %
from 277,242.00 £
Average area rental value
1,340.00 £/mo
Increased by 9.39 %
from 1,225.00 £/mo
Est rental Yield
5.89 %
Increased by 11.13 %
from 5.30 %
Crime Rate
4.00 %
Unchanged by 0.00 %
from 4.00 %

Agent Activity

  • Cooper Beard Estate Agency Limited created the listing.

Nearby Schools

NameTypeOfstedDistance
Bournemouth Park AcademyAcademy ConverterGood0.73 KM
Southend Ymca Community SchoolFree Schools Alternative ProvisionGood0.75 KM
Victory Park AcademyAcademy Alternative Provision Sponsor Led0.90 KM
South Essex College Of Further And Higher EducationFurther Education0.91 KM
Porters Grange Primary School And NurseryAcademy Sponsor LedGood1.05 KM

Images

Main Picture

Nearby Streets

NameAverage PriceAverage SqftDistance
Grainger Close £ 000.00 KM
Greyhound Way £ 190,00000.00 KM
Kipling Mews £ 000.00 KM
Stuart Close £ 000.00 KM
Sycamore Grove £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Prittlewell7419PRL0.65 KM
Southend Victoria7420SOV0.66 KM
Southend Central7456SOC1.10 KM
Southend East7457SOE2.07 KM
Southend Airport4787SIA2.69 KM

Nearby Listings

AddressPriceTypeScoreDistance
Redstock Road, Southend-on-Sea £ 500,000BUY5 / 100.00 KM
Stanfield Road, Southend-On-Sea, SS2 £ 375,000BUY7 / 100.06 KM
Stadium Road, Southend-on-Sea £ 90,000BUY6 / 100.06 KM
Stadium Road, Southend-on-Sea, Essex, SS2 £ 90,000BUY6 / 100.09 KM
5 bedroom Terraced House in Southend on Sea £ 375,000BUY6 / 100.10 KM

Nearby Properties

AddressPriceDistance
12 Redstock Road £ 174,0000.00 KM
23 Redstock Road £ 150,0000.00 KM
2 Redstock Road £ 290,0000.00 KM
9 Redstock Road £ 157,5000.00 KM
10 Redstock Road £ 315,0000.00 KM