Guide price
£110,000
(£136/sq. ft)
1 bed flat for saleThe Renown, Southend On Sea SS3
1 bed
1 bath
1 reception
807 sq. ft
EPC Rating: C
Reduced on
About this property
Cash buyers only
Ideal for Investors
Short walk to East beach
Perfect for commuters
Direct trains to London Fenchurch
Excellent access to local shops
Reed Residential are pleased to offer for sale this one bedroom flat situated in the popular coastal area of Shoeburyness, presenting an exciting opportunity for cash buyers, investors and those looking for a property with future potential.
Due to the current short lease, the property is being offered to cash buyers only.
The lease length has been taken into consideration within the marketing of the property, creating an attractive opportunity for a purchaser who is comfortable acquiring a short ease property and exploring the possibility of extending the lease in the future.
For an investor, the property offers the opportunity to purchase at a price that reflects its current lease position, with the potential to add value should a lease extension be obtained. This could make the property particularly appealing to experienced landlords, property investors or cash purchasers looking for their next project or longer term investment.
Internally, the accommodation offers a practical one bedroom layout comprising a reception room, separate kitchen, bedroom and bathroom. The property provides a great base for a purchaser looking to modernise, improve or simply secure a property within a well established residential area.
One of the property's key attractions is its Shoeburyness location, combining everyday convenience with easy access to the Essex coastline.
Shoebury East Beach, Shoebury Common and the surrounding sea front are all within easy reach, providing plenty of open space for walking, cycling and enjoying the coast.
A good selection of local shops, supermarkets and everyday amenities can be found throughout Shoeburyness, while nearby Southend on Sea provides a much wider range of shopping, restaurants, cafes, entertainment and leisure facilities.
The area is also well connected for those travelling into Southend or London. Shoeburyness railway station provides regular C2C services towards Southend Central and London Fenchurch Street, while local bus routes provide connections throughout Shoeburyness, Southend on Sea and the surrounding areas. Road connections are also available via the wider A13 and A127 network.
For investors considering the property's longer term potential, its combination of coastal location, transport connections and access to local amenities makes it an interesting opportunity within the Southend property market.
The property is being marketed specifically towards cash purchasers due to the existing short lease, and prospective buyers should make their own enquiries regarding the current lease terms and any future lease extension.
An excellent opportunity for cash investors looking to acquire a one bedroom property in Shoeburyness at a price reflective of its current lease position, with scope to explore a future lease extension and potentially enhance the property's long term value.
Notice
Please note we have not tested any apparatus, fixtures, fittings, or services. Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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More information
Tenure
Leasehold (61 years)
Service charge
£100 per month
Council tax band
A
Ground rent
£100
Ground rent date of next review
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