Summary -
Flat 3,131, York Road,SOUTHEND-ON-SEA,SS1 2DX
SS1 2DX
1 bed 1 bath Flat
**Standout Features:**
- Price: £135,000
- Location: Southend-on-Sea, near seafront and high street
- Size: 381 sq. ft., 1 bedroom, 1 bathroom
- Current yield: 5.78% with rental potential at £7,800 per annum
- High ceilings and Victorian features offer unique charm
- Low council tax (Band A) and below-average service charges (£400)
**Potential Concerns:**
- Requires modernization; currently dated decor
- High crime rates in the area
- Located in a very deprived area
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This charming Victorian flat offers an excellent investment opportunity in the vibrant heart of Southend-on-Sea. With a spacious lounge, a separate kitchen, and a bedroom boasting an en-suite shower room, this property is perfect for first-time buyers or savvy investors looking for strong rental yields. Priced at just £135,000, the flat has successfully rented in the past for £7,800 per year, translating to a promising yield of 5.78%.
While the flat's decor is in need of modernization, its high ceilings and classic design elements provide a wonderful basis for creating a stylish urban retreat. Located just a short walk from the seaside and bustling high street, with excellent mobile and broadband connectivity, this property is well-placed for both lifestyle and convenience. However, potential buyers should be mindful of the high crime rate and the area’s challenges.
With low council tax and below-average service charges, this property presents a compelling opportunity, especially if purchased as part of a larger investment strategy involving multiple flats in the building. Act now to capitalize on this exclusive opportunity—properties like this don’t last long on the market!
1 bedroom flat for sale in York Road, Southend-on-Sea, SS1 — £135,000 • 1 bed • 1 bath • 502 ft²
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