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1 bed flat for sale

£130,000 Guide price

Wesley Road, Southend-On-Sea, Essex SS1

1
Interested in this property? Call +44 20 3641 1932 * or Request Details

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Property features

  • A One Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £6,900 per annum. Offered with Potential to Convert into a Two Bedroom Flat (Subject to obtaining all...

Property description

Unsold, the last bid was £130,000. Please refer to Auctioneer for Reserve Guide Price = £130,000+

**For Sale By Auction 24th May 2018 12:00 pm To inspect the legal documents for this property go to our website to download the legal pack**

A One Bedroom First Floor Flat Subject to an Assured Shorthold Tenancy Producing £6,900 per annum. Offered with Potential to Convert into a Two Bedroom Flat (Subject to obtaining all relevant consents).

Tenure
Leasehold. The property is held on a 189 year lease from July 2002 (thus approximately 171 years unexpired).

Location
The property is situated on a tree lined residential road in Southend-on-Sea close to local shops and amenities including Southend Pier and Marine Parade. The open spaces of Southchurch Park are within easy reach. Transport links are provided by Southend Central, Southend Victoria & Southend East rail stations.

Description
The property comprises a first floor one bedroom flat situated within a mid terrace converted house arranged over ground and first floors.

Accommodation
First Floor
Reception Room
Bedroom
Kitchen/Diner
Bathroom with WC & wash basin

Tenancy
The property is subject to an Assured Shorthold Tenancy for a term of 6 months commencing 25th August 2017 at a rent of £575 per calendar month (Holding Over).

Current Rent Reserved £6,900 per annum

Viewing Times
Open House Viewings:
Thursday 10th May 10:00-10:30
Tuesday 15th May 10:00-10:30
Tuesday 22nd May 10:00-10:30

Property info

Market activity
Average price paid £344,505 Sales 367 Current average value £322,255 (Zoopla Zed-Index) Value change -£9,704 ▼ -2.92%

Property value data/graphs for SS1

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £589,921 £350 3.8 £618,474
Semi-detached £366,201 £295 3.5 £436,825
Terraced £264,356 £267 3.2 £291,969
Flats £180,653 £279 1.8 £182,722

Current asking prices in SS1

Average: £419,844
Avg. current asking prices in SS1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £106,250
(2)
£365,533
(15)
£422,538
(26)
£567,740
(31)
£763,571
(14)
Flats £149,367
(23)
£273,717
(32)
£443,750
(4)
- -
All £145,918
(25)
£303,020
(47)
£425,366
(30)
£567,740
(31)
£763,571
(14)

Current asking rents in SS1

Average: £777 pcm
Avg. current asking prices in SS1
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £443 pcm
(17)
£997 pcm
(1)
£1,171 pcm
(9)
£1,751 pcm
(1)
£442 pcm
(1)
Flats £580 pcm
(33)
£894 pcm
(20)
£1,261 pcm
(6)
- -
All £533 pcm
(50)
£899 pcm
(21)
£1,207 pcm
(15)
£1,751 pcm
(1)
£442 pcm
(1)

Fun facts for SS1

Highest value in SS1
Highest value streets Zed-Index
Thorpe Bay Gardens £1,625,448
Thorpe Esplanade £1,368,953
Tyrone Road £771,037
Burges Road £719,447
Burlescoombe Road £657,819
Highest turnover in SS1
Highest turnover streets Turnover
Gordon Place 56.9%
Scratton Road 50.0%
Cheldon Barton 50.0%
Camper Road 45.5%
Camper Road 44.4%

What Zoopla users think of Southend-on-Sea

Overall rating:

  • currently 4 stars
Very good - 85% (150 ratings)

Ratings breakdown:

  • currently 4 stars
Community & safety
  • currently 4.5 stars
Entertainment & nightlife
  • currently 4.5 stars
Parks & recreation
  • currently 4.5 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4.5 stars
Transport & travel

Rate Southend-on-Sea:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Schools & public services
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5
Transport & travel
  • currently 0 stars
  • 4
  • 1
  • 0
  • 3
  • 2
  • 5

Nearby transport

  • Southend Central (0.5 miles)
  • Southend East (0.5 miles)
  • Southend Victoria (0.6 miles)
  • London Southend Airport (2.7 miles)
  • London City Airport (28.8 miles)
  • Manston Airport (30.1 miles)
  • Wallasea Island Ferry Landing (6.8 miles)
  • Burnham on Crouch Ferry Landing (7.4 miles)
  • Tilbury Ferry Terminal (16.4 miles)

Nearby schools

View all schools in Southend-on-Sea
  • Porters Grange Primary School and Nursery (0.2 miles)
  • Sacred Heart Catholic Primary School and Nursery (0.3 miles)
  • Bournemouth Park Academy (0.7 miles)
  • Southend YMCA Community School (1.1 miles)
  • Lancaster School (1.8 miles)
  • The Basildon Upper Academy (9.6 miles)
  • St Bernard's High School (1.0 mile)
  • Southend High School for Girls (1.1 miles)
  • St Nicholas School (1.1 miles)
Note: Distances are straight line measurements

Local info for Southend-on-Sea

About the neighbours in SS1

AskMe Q&A for Southend-on-Sea

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Arrange Viewing

For more information about this property, please contact
Auction House London, NW3 on +44 20 3641 1932 * (local rate)

Monthly running costs Beta

£647 Monthly total

Mortgage

Purchase price
Deposit (10%) 13,000
Repayment term 25
Interest rate 1.5
Your payment £467 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Contents value up to £75,000 Average insurance cost £5/mo (£58/yr)
Compare insurance deals now In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy

Gas £20 Electricity £27 Estimated energy cost £47/mo

Similar properties could save up to £186

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 6100 kWh/year
Electricity: 2000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Southend-on-Sea

Estimated tax band A Council tax cost £100 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £12 Sewerage £16 Estimated water cost £28 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Auction House London, and do not constitute property particulars. Please contact Auction House London for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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