1 bedroom flat for sale

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1 bedroom flat for sale

57-59 Southchurch Avenue, Southend-on-sea, Essex
£130,000

Price History

Initial price £140,000
06/11/24 £130,000
Price Change -7.14%

Description

This 1-bedroom first-floor flat is a fantastic opportunity for buy-to-let investors or cash buyers, offering a private parking space, modern kitchen and bathroom, and newly installed double-glazed windows and boiler. The property is located just a 5-minute walk from Southend Sea Front and 15 minutes from Southend Central Train Station, making it an ideal location for commuters. The flat is currently rented out at £825 per month until September 2025, providing a rental yield of 7%. With 150 years remaining on the lease and a service charge including insurance, this property offers a solid investment opportunity. The flat has a floor area of 387 square feet and benefits from mains services, including electricity, gas, water, and sewerage. Additionally, the property has good mobile signal coverage and is within range of satellite and fibre broadband providers. There is no flood risk and the property is not located in a conservation area, making it an attractive option for those looking for a hassle-free investment.