Summary - 15 FLAT 3 ELDERTON ROAD WESTCLIFF-ON-SEA SS0 8AG
1 bed 1 bath Flat
Compact investment opportunity for cash buyers near transport and amenities.
Chain-free first-floor one-bedroom flat, circa 441 sq ft
Remaining lease c.59 years — likely mortgage lender refusals
Sold for cash buyers only; limited mortgage marketability
Needs modernisation — refurbishment will be required throughout
Double glazing and gas central heating; EPC rating C
Service charge £1,326.10pa; ground rent £50pa
Convenient location near station, shops and Palace Theatre
Higher local crime levels noted; factor into lettability
This first-floor one-bedroom flat occupies part of a converted Victorian semi, close to Westcliff rail station, Hamlet Court Road shops and the Palace Theatre. The apartment provides a 12'11" lounge with bay window, double bedroom, separate kitchen and bathroom across approximately 441 sq ft — a compact, functional layout suited to single occupants, couples or landlords seeking a rental let.
The flat is double glazed with gas central heating and an EPC rating of C. It is offered chain-free, which simplifies completion, and the modest annual running costs include a low ground rent and a very cheap council tax band. Communal upkeep is managed with an annual service charge of about £1,326 and a small ground rent of £50.
Important constraints affect marketability: the remaining lease is approximately 59 years, which will limit mortgage availability and restrict the buyer pool to cash purchasers or specialist lenders. The accommodation needs modernisation and the building shows period features but requires refurbishment works; buyers should budget for updating and potential costs to extend the lease or pay a premium for that extension.
This property suits an investor or a cash buyer who understands short-lease economics and refurbishment potential. It offers clear scope to add value through renewal and redecoration, but any purchase decision should factor in lease-extension costs, renovation expenditure, and local area considerations including higher reported crime levels.
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