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Ilfracombe Road, Southend-on-sea, Essex - Image 1
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Ilfracombe Road, Southend-on-sea, Essex - Image 5

Ilfracombe Road, Southend-on-sea, Essex

East of England

£165,000
Listed on 31/12/2025

Property Details

Bedrooms
1
Type
Flat

Description

This first floor flat presents a valuable opportunity for both first-time buyers and buy-to-let investors, situated in close proximity to local amenities and transport links. Accessed through a communal entrance, the property features a private hallway that enhances its sense of privacy. The interior layout includes a spacious lounge that allows for comfortable living arrangements, complemented by a well-lit bedroom and a fitted kitchen/breakfast room at the rear. The bathroom is conveniently positioned off the hallway. Although currently in a liveable state, there is substantial potential to modernize or personalize the interiors over time, making it an appealing investment for those looking to add value. The flat's location near Southend town centre ensures easy access to shops, cafes, and recreational facilities, further enhancing its investment appeal. This property combines practicality with future scope for enhancement, making it a solid consideration for buyers seeking affordability without sacrificing potential.

Investment Analysis

(SS2 area)
Area Average
£342/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.8%

Renovation Potential

Light Refurb
Est. Renovation Cost
£5,000 - £12,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS2)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 8.1%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on SS2 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

Ilfracombe Road, Southend-on-sea, Essex
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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
£604
Based on a loan of £123,750 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