Secure parking, concierge and gym with proven rental potential near town centre.
- Two bedrooms, approximately 700 sq ft of living space
- Previously let at £1,550 pcm (rental history)
- Secure allocated parking bay included
- Concierge, private gym and communal roof terrace
- Long lease remaining: 193 years
- Service charge c. £2,305.46 PA; ground rent £325 PA
- Heating via community mains-gas scheme (communal billing)
- Local area: high crime and significant deprivation indicators
Set within a contemporary development on Victoria Avenue, this two-bedroom leasehold apartment offers practical space and strong rental history close to Southend town centre. At around 700 sq ft and with lift access, allocated parking and secure access on every floor, it suits buyers wanting low-maintenance urban living or investors seeking immediate lettability. The apartment comes chain-free and was previously let for £1,550 pcm, giving clear comparables for investment income.
The building provides useful communal facilities: concierge, private gym and a roof terrace add lifestyle value, while a new oven and modern kitchen present a tidy, move-in-ready living space. The long lease (193 years) and double glazing are positives for long-term ownership. Council Tax Band C and a moderate ground rent help keep running costs understandable.
Buyers should note the material running costs: the service charge is approximately £2,305.46 per year and ground rent £325 per year. Heating is via a community mains-gas scheme, which may mean communal billing and limited individual control. The wider neighbourhood has higher crime statistics and elevated deprivation indicators, factors to consider for homeowners and investors alike.
Overall, this apartment is best suited to investors seeking a nearby lettable unit with supporting amenities, or first-time buyers wanting town-centre convenience with secure parking and communal facilities. Viewing will confirm finish and condition, and will be useful for assessing tenant demand locally given the town-centre location and transport links.
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