Chain-free rental-ready flat with long lease and seafront access.
Two double bedrooms and one bathroom, approximately 700 sq ft
Private balcony with city views and garage parking included
On-site amenities: private gym, concierge, secure video entry
Long lease: 194 years; chain free and currently tenanted at £1,400pcm
Service charge £2,305.46pa; ground rent £325pa — impacts net yield
Heating: communal mains-gas scheme; double glazing (install date unknown)
Located in a very deprived area with high local crime — affects demand
Close to seafront, shops and transport links — strong commuter appeal
This modern two-bedroom flat on Victoria Avenue offers straightforward rental potential in central Southend. The property delivers two double bedrooms, a private balcony with city views, and access to on-site amenities including a gym, concierge and secure video entry — features that appeal to professionals and long-term tenants. The 700 sq ft interior is presented to a high standard and comes with garage parking and no flood risk.
Practical ownership details support investor planning: a long lease of 194 years, current tenancy at £1,400pcm, and clear service charge and ground rent figures (Service Charge £2,305.46pa; Ground Rent £325pa). Heating is via a communal mains-gas scheme; glazing is double glazed though install date is unknown. Council Tax Band C is described as affordable.
Buyers should weigh running costs and location context. The building sits in an urban cultural-mix area classified as very deprived, with a high local crime score — factors that can affect tenant demand and insurance costs. The communal nature of the building means service charges are significant and will affect net yield calculations.
Clearly marketed to investors and commuters, this chain-free flat combines immediate rental income with long-term ownership security from an extensive lease. Proximity to the seafront, shops and transport links supports re-letting, but prospective buyers should factor in service charges, ground rent and local area risks when assessing return and management requirements.
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