Whitegate Road, Southend

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Whitegate Road, Southend

Whitegate Road, Southend-on-Sea, Essex, SS1
£150,000

Price History

Initial price £160,000
05/07/25 £150,000
Price Change -6.25%

Description

This two-bedroom ground floor flat on Whitegate Road in Thorpe Bay presents a lucrative investment opportunity for cash buyers and investors. The property is already occupied by tenants, generating £1,000 per month in rental income and offering a healthy 7.5% yield. The flat features a welcoming entrance hall, spacious living room, fitted kitchen, two comfortable bedrooms, and a family bathroom. Located in a desirable area, it's just a 10-minute walk from Thorpe Bay Broadway, with its shops, cafes, and restaurants, and within easy reach of Thorpe Bay station and the seafront. With established tenants providing immediate rental income, this property offers a secure investment opportunity with potential for capital growth, making it an attractive proposition for investors. Early viewing is recommended to appreciate the investment potential fully.