Summary - 41 NESS ROAD SHOEBURYNESS SOUTHEND-ON-SEA SS3 9DB
1 bed 1 bath Flat
Compact, tenanted studio with garden and immediate rental yield near Shoebury station.
- Tenant in situ paying £650 pcm, immediate rental income
- Sold by auction; 56-day completion and non-refundable Reservation Fee applies
- Lease c.60 years remaining — may block mortgage lending
- Small footprint: approx. 310 sq ft, ground-floor studio
- Own section of rear garden; outdoor access via wooden steps
- Requires modernization: dated kitchen, small bathroom, likely no wall insulation
- Low service charge (£200) and small ground rent (£50)
- Area factors: high crime, very deprived neighbourhood
A compact ground-floor studio offering clear investor potential close to Shoebury C2C station. The flat includes a small rear garden and is currently let at £650 pcm, providing immediate rental income for a buyer prepared to purchase at auction.
The property is being sold via the Modern Method of Auction. Buyers must complete within 56 days and pay a non-refundable Reservation Fee of 4.5% of the purchase price (minimum £6,600) plus a Buyer Information Pack fee of £349. Check costs and financing before bidding; with only c.60 years remaining on the lease, many mortgage lenders may refuse to lend.
Accommodation is compact (approx. 310 sq ft) with a combined lounge/bedroom, small kitchen and shower room. The flat needs modernization — dated kitchen fittings, basic shower room — and the building has solid brick walls likely without cavity insulation. Service charge and ground rent are low, and council tax is very cheap.
Location strengths include excellent mobile signal, fast broadband, low flood risk and close amenities including local shops, buses, playgrounds and good-rated schools nearby. Note the area shows high crime and marked deprivation; this affects long-term resale and lettings risk and should factor into pricing and refurbishment decisions.
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