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 %
- Average area rental value
- 1,340.00 £/moIncreased by 9.39 %
- Est rental Yield
- 5.89 %Increased by 11.13 %
- Crime Rate
- 4.00 %Unchanged by 0.00 %
Agent Activity
Cooper Beard Estate Agency Limited created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Bournemouth Park Academy | Academy Converter | Good | 0.73 KM |
| Southend Ymca Community School | Free Schools Alternative Provision | Good | 0.75 KM |
| Victory Park Academy | Academy Alternative Provision Sponsor Led | 0.90 KM | |
| South Essex College Of Further And Higher Education | Further Education | 0.91 KM | |
| Porters Grange Primary School And Nursery | Academy Sponsor Led | Good | 1.05 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Grainger Close | £ 0 | 0 | 0.00 KM |
| Greyhound Way | £ 190,000 | 0 | 0.00 KM |
| Kipling Mews | £ 0 | 0 | 0.00 KM |
| Stuart Close | £ 0 | 0 | 0.00 KM |
| Sycamore Grove | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Prittlewell | 7419 | PRL | 0.65 KM |
| Southend Victoria | 7420 | SOV | 0.66 KM |
| Southend Central | 7456 | SOC | 1.10 KM |
| Southend East | 7457 | SOE | 2.07 KM |
| Southend Airport | 4787 | SIA | 2.69 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Redstock Road, Southend-on-Sea | £ 500,000 | BUY | 5 / 10 | 0.00 KM |
| Stanfield Road, Southend-On-Sea, SS2 | £ 375,000 | BUY | 7 / 10 | 0.06 KM |
| Stadium Road, Southend-on-Sea | £ 90,000 | BUY | 6 / 10 | 0.06 KM |
| Stadium Road, Southend-on-Sea, Essex, SS2 | £ 90,000 | BUY | 6 / 10 | 0.09 KM |
| 5 bedroom Terraced House in Southend on Sea | £ 375,000 | BUY | 6 / 10 | 0.10 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 12 Redstock Road | £ 174,000 | 0.00 KM |
| 23 Redstock Road | £ 150,000 | 0.00 KM |
| 2 Redstock Road | £ 290,000 | 0.00 KM |
| 9 Redstock Road | £ 157,500 | 0.00 KM |
| 10 Redstock Road | £ 315,000 | 0.00 KM |