Summary - 420a London Road SS0 9LA
3 bed 1 bath Flat
**Standout Features:**
- Leasehold property with 59 years remaining on the lease
- Three spacious bedrooms and one bathroom
- Excellent rental potential around £1,500 per month
- Close proximity to local shops and Westcliff mainline railway station
- Double glazing for improved energy efficiency
**Concerns:**
- Requires full modernisation
- High crime rate in the area
- Mortgage lenders may refuse to finance due to lease length
- Solid brick walls with no insulation may need attention
This three-bedroom first-floor flat in an urban cultural hub offers investors a promising opportunity, thanks to its great rental potential of approximately £1,500 per month. While the flat, built between 1900-1929, awaits a modern makeover, it features a generous lounge, a separate kitchen, and essential amenities close by. With schools rated 'Good' or 'Outstanding' nearby, it's family-friendly despite the mixed area reputation.
Be mindful that the property is leasehold with only 59 years remaining on the lease, which could impact financing options. A solid investment for those ready to renovate and reimagine the space, but note the potential of high crime rates in the vicinity. This property will go under the hammer at auction on July 30, 2025, so act quickly to secure your bid!
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