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45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 1
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 2
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 3
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 4
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 5
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 6
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 7
45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW - Image 8

45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW

East of England

£85,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Flat

Description

This property presents a compelling renovation and investment opportunity in the heart of the city center. Currently configured as a derelict building, it offers potential for transformation into a two-bedroom apartment, complete with access to a private courtyard at the rear. With planning permission already granted for conversion, this project is ready for a new owner to realize its potential. The space features both basement and ground floor levels, providing ample room for creative redevelopment. The basement includes multiple rooms with dimensions ranging from 12'4" x 11'8" to smaller areas suitable for storage or utility use. Meanwhile, the ground floor encompasses a sizable shop area measuring 28'6" x 13'5", which could serve as part of the residential layout or be repurposed for commercial use. Conveniently located near key amenities, this property is just steps away from the High Street, local universities, railway stations, and easy access to the seafront. The neighborhood's vibrant atmosphere enhances its appeal for future tenants or owners alike. Additionally, there will be a new 125-year lease associated with this property—providing security for prospective investors. For further details about the planning permissions and potential uses of the building, interested buyers are encouraged to consult the Southend on Sea City Council planning portal with reference number 21/02375/FUL. This unique offering is an excellent chance to tap into urban living in a sought-after location while contributing to revitalizing an underutilized space.

Investment Analysis

(SS1 area)
Area Average
£364/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£100,000 - £150,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SS1)

Area prices are rising by +9.2% over the last 12 months
3 year growth: 6.5%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on SS1 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

45-47 Alexandra Street, Southend-on-Sea, Essex, SS1 1BW
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£311
Based on a loan of £63,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE