**Standout Features:**
- Ground floor flat in a Victorian terraced house
- One bedroom, one bathroom, totaling 541 sq. ft.
- Currently rented, yielding approx. 4.86% with below-market rent at £6435 per annum
- Access to a shared rear garden and off-street parking
- Prime location near Southend-on-Sea's seafront and high street
- Good local schools and strong travel links to London (40-minute train)
**Concerns:**
- High crime rate in the area
- Property is leasehold with an annual service charge of £400
- Area classified as very deprived
This charming one-bedroom ground flat presents an exceptional buy-to-let investment opportunity in the lively Southend-on-Sea area. With its current yield of 4.86% based on a long-term tenant, there's ample room for rental growth, especially given that the existing rent is below market value. Enjoy the convenience of local shops, public transport, and the scenic seafront just a stone's throw away.
The flat offers a spacious lounge, well-sized bedroom, separate kitchen, and modern bathroom, and benefits from off-street parking plus access to a communal garden, promising a comfortable living space. While the area faces challenges, including a high crime rate and deprivation classification, it is well-connected and close to reputable schools—an ideal setting for families or professionals.
Don't miss the chance to step into Southend's thriving rental market. This property is available for purchase individually or alongside three additional flats in the building, providing a unique chance to maximize your investment. Act quickly, as opportunities like this don’t last long!
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1 bedroom ground floor flat for sale in Flat 1, York Road, Southend-on-Sea, SS1 — £125,000 • 1 bed • 1 bath • 376 ft²
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