Summary - 27A HARTINGTON ROAD SOUTHEND-ON-SEA SS1 2HR
1 bed 1 bath Flat
High-yield buy-to-let, sold with tenant and no onward chain.
Let on Assured Shorthold Tenancy at £800pcm (£9,600pa)
This compact first-floor flat is offered as a ready-made buy-to-let, currently let on an Assured Shorthold Tenancy at £800pcm, producing £9,600pa. Its location is a short walk from Southend seafront, pier and the town’s leisure and transport links, making it straightforward to let to short-term or longer-term renters.
Key running costs are low: a modest annual service charge, small ground rent and very cheap council tax. The flat has double glazing and mains gas central heating, and its traditional layout includes a double bedroom, separate living room, small kitchen and bathroom. There is no onward chain and the sale is cash purchase only.
Important cautions for buyers: the lease has 62 years remaining. That is likely to prevent most mortgage lenders from lending on the property, so it is a cash-only purchase unless the lease is extended. The area is classified as very deprived with very high crime levels, which affects long-term capital-growth prospects and tenant profiles.
For an investor seeking immediate income and a strong rental yield close to the seafront, this is a clear, hands-off opportunity. However, prospective purchasers should budget for any future costs to extend the lease and consider the local area profile when assessing long-term value and tenant demand.
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