8 Weston Road, Southend-on-Sea, Southend-on-Sea, SS1 1AS
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8 Weston Road, Southend-on-Sea, Southend-on-Sea, SS1 1AS

By Dedman Gray Auction

£ 500,000

Reviews

2 out of 5 stars

Dedman Gray Auction says ..

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 26TH FEBRUARY 2025 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; BUY TO LET INVESTMENT: FREEHOLD TERRACE HOUSE WITH 4 FLATS IN THE CITY CENTRE WITH A POTENTIAL RENTAL INCOME OF £40,140 PER ANNUM

Property Oracle says ..

This two-bedroom property in Southend-on-Sea is located on Weston Road, close to Southend Central train station, providing easy access to London. The property’s proximity to several schools, including those with good Ofsted ratings, adds to its family-friendly appeal. The interior is presented in a clean and functional state, though some minor cosmetic updates or repairs may be required. The bathroom, in particular, shows signs of wear and tear. However, a significant drawback is the complete absence of any outdoor space. The property’s list price of £500,000 appears high compared to other nearby properties, especially considering its size, condition, and lack of a garden. The absence of a garden and the somewhat high price point may limit the appeal to potential buyers. Further investigation into comparable properties, including those with similar square footage and amenities, would be beneficial to determine a more accurate market value. The absence of bathroom details in the property information makes it challenging to fully assess the property’s overall value and condition. Potential buyers should carefully consider the pros and cons before making an offer.

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
6
Location
7
Land
1
Bedrooms
2
Bathrooms
0
Sqft (est)
720.00

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 %
from 312,849.00 £
Est sale value
247,680.00 £
Decreased by 14.85 %
from 290,880.00 £
Average area rental value
1,137.00 £/mo
Decreased by 6.34 %
from 1,214.00 £/mo
Est letting value
720.00 £/mo
Unchanged by 0.00 %
from 720.00 £/mo
Est rental Yield
4.15 %
Decreased by 10.94 %
from 4.66 %
Crime Rate
40.00 %
Unchanged by 0.00 %
from 40.00 %

Agent Activity

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
South Essex College Of Further And Higher EducationFurther Education0.45 KM
Cambridge Road Children'S CentreChildren's Centre0.77 KM
Porters Grange Primary School And NurseryAcademy Sponsor LedGood0.90 KM
Barons Court Primary School And NurseryCommunity SchoolOutstanding1.09 KM
St Mary'S, Prittlewell, Cofe Primary SchoolVoluntary Aided SchoolGood1.17 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Nelson Street £ 000.00 KM
Ashburnham Road £ 000.00 KM
The Deeping £ 000.00 KM
Chichester Road £ 000.00 KM
Queensway £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Southend Central7456SOC0.12 KM
Southend Victoria7420SOV0.57 KM
Prittlewell7419PRL1.59 KM
Southend East7457SOE2.14 KM
Westcliff7476WCF2.34 KM

Nearby Listings

AddressPriceTypeScoreDistance
8 Weston Road, Southend-on-Sea, Southend-on-Sea, SS1 1AS £ 500,000BUY4 / 100.00 KM
6 Weston Road, Southend-on-Sea, Essex, SS1 1AS £ 500,000BUY5 / 100.01 KM
10 Weston Road, Southend-on-Sea, Essex, SS1 1AS £ 500,000BUY4 / 100.01 KM
Clifftown Road, Southend On Sea £ 135,000BUY5 / 100.06 KM
Clifftown Road, Southend-on-Sea £ 140,000BUY5 / 100.06 KM

Nearby Properties

AddressPriceDistance
19 Weston Road £ 110,0000.03 KM
12a Weston Road £ 160,0000.03 KM
21 Weston Road £ 78,5000.03 KM
5a Weston Road £ 285,0000.03 KM
17 Weston Road £ 350,0000.03 KM