Summary - FLAT 1, CHARTWELL PLAZA, 9, SOUTHCHURCH ROAD SS1 2BQ
2 bed 1 bath Flat
Ready-made investment with parking and long lease, close to station and seafront.
Two double bedrooms (open-plan living) • Fifth-floor apartment with lift access • Allocated off-street parking space • Current tenancy to 02/03/2026, rent £1,300 pcm • Long lease: 138 years remaining • Service charge approx. £2,932pa; ground rent £375pa • Electric room heaters; no gas central heating • City-centre location; high local crime and high deprivation
A practical city-centre investment with an established tenancy, this fifth-floor two-double bedroom apartment delivers immediate rental income. The flat is compact (approx. 535 sq ft), well presented and sold with no onward chain, currently let at £1,300 pcm until 2 March 2026. Long lease (138 years) and an allocated parking space add to investor appeal.
The open-plan living area with integrated kitchen and a modern three-piece bathroom suit letting demand for professional sharers or couples. The building sits above a retail precinct steps from Southend Victoria and local amenities, providing strong transport links to London and easy access to the seafront — convenient for commuters and short-stay tenants.
Buyers should note the material running costs and location considerations: an average service charge of £2,932pa and ground rent of £375pa, electric room heaters (no gas central heating), and a high local crime rate within a very deprived area classification. The block is a mid-20th-century concrete mixed-use building, so there are limited external amenities and no private outdoor space.
Overall, this is a straightforward, ready-made letting opportunity with stable tenancy and parking. It suits investors seeking immediate yield and long-lease security, provided they accept higher service charges, electric heating and inner-city location factors.
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