1 bed flat for sale Stanley Road, Southend-on-sea

1 bed 1 bath Flat

For sale by auction Tenure: ask agent

Added yesterday

About this property

Key Features:Buy-it-Now option availableBeing Sold by GOTO Online AuctionBuyer’s fees apply Property DescriptionAn excellent opportunity to acquire a one-bedroom ground floor flat in a well-connected and popular residential area of Southend-on-Sea. The property is offered with a tenant in situ, currently paying £570 per calendar month, making it an ideal turnkey investment for landlords seeking immediate income. The property forms part of two flats, with the freehold interest also available, presenting additional investment potential for buyers looking to expand their portfolio.

Key features

Investment opportunity
Being sold by modern method of auction
One bedroom
Tenant in situ
Close proximity to amenities and seafront
Ready-made investment with immediate return
Buy-it-Now option available
Part of a protfolio

Floorplan

Energy performance

F 36

Current

Potential

92+

81-91

69-80

79 C

55-68

39-54

21-38

36 F

1-20

This home is rated band F, scoring 36 out of 100. The average British home is band D. Its certificate says it could reach band C (79) if the improvements it recommends were carried out.

Read from the certificate published with this listing, so it may not be the latest one. Check the government EPC register for the full certificate and its recommendations.

Location

Stanley Road, Southend-on-sea

Open map Street View

Council tax band: Ask agent

Mortgage and stamp duty

Property price £80,000

£40k £120k

Deposit10% £8,000

£0 £80k

Interest rate 4.5%

0.5% 15%

Repayment period 25 years

5 years 40 years

A £72,000 mortgage. Most lenders would want a household income of about £16,000 to support it.

A guide only, for a capital repayment mortgage. The rate you are offered and what you can borrow depend on your circumstances and a full application with a lender or broker. Your home may be repossessed if you do not keep up repayments on your mortgage.