Summary - 3 Stromness Place SS2 4JH
1 bed 1 bath Ground Flat
Income-producing one-bed flat with parking, sold at auction with tenant in situ..
One bedroom ground-floor flat, c.582 sq ft
Sold with assured shorthold tenant at £800pcm (£9,600pa)
Share of freehold (one-eighth) — review communal obligations
Private off-street parking and communal gardens to rear
Within walking distance of Southend East railway station
Built 1930–1949; solid brick — likely no cavity insulation
Area shows deprivation and average crime levels; check locality
Will be sold at public auction on 25 Sep 2025 (livestream)
This purpose-built ground-floor one-bedroom flat sits within walking distance of Southend East station and is offered with a rare share of the freehold and private parking. Currently let at £800pcm to an assured shorthold tenant, the property is sold with the tenant in situ — making it an immediate income-producing purchase suitable for investors targeting strong gross yields. The flat extends to approximately 582 sq ft with a lounge, compact kitchen, double-glazed windows and gas central heating.
Built between 1930–1949 from solid brick, the building shows period construction with assumed lack of cavity insulation; internal finishes are generally contemporary but the flat would benefit from energy-efficiency improvements. The lease shows a long term from 2017 to 3016 and the share of freehold is one-eighth; buyers should review the lease details and communal responsibilities carefully. Area indicators note average crime and local deprivation, balanced by fast broadband, excellent mobile signal, nearby shops and rail links.
Sold via public auction on 25th September 2025 (livestream and remote bidding available). This is primarily an investment proposition — immediate rental income is in place, with potential to increase value through targeted refurbishment and EPC improvements. Material facts: sold with tenant, share of freehold interest, parking to the rear, and tenure details should be verified prior to bidding.
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