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502 Sutton Road, Southend-On-Sea, Essex SS2 5PN - Image 1
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502 Sutton Road, Southend-On-Sea, Essex SS2 5PN

East of England

£215,000Guide Price

Listed on 17/07/2026

Property details

Bedrooms
1
Type
Mixed Use

Description

This property presents a unique investment opportunity in an established commercial parade, just 0.2 miles from Prittlewell Station. The offering includes a ground-floor commercial unit currently operating as a fast food outlet and a one-bedroom flat located above it. The flat is leased until December 2026 at £16,000 per annum, with notable potential for rent enhancement to approximately £22,000 per annum based on current market trends. Additionally, there is scope for expansion at the rear of the property, subject to obtaining the necessary planning permissions. The ground floor features trade and service areas totaling 71 sqm (764 sq ft), with a kitchen and WC, while the flat comprises a lounge, bedroom, and bathroom across 39 sqm (420 sq ft). Externally, there is a rear garden and designated parking space available. This property is being offered at auction with binding contracts exchanged upon sale. Prospective buyers are encouraged to conduct their own inspections and inquiries prior to bidding.

Investment analysis

(SS2 area)
Area Average
£339/sq ft
Avg Rent (weekly)
£289
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (SS2)

Area prices are rising by +5.9% over the last 12 months
3 year growth: +10.1%
5 year growth: +20.8%
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

502 Sutton Road, Southend-On-Sea, Essex SS2 5PN
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Mortgage calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£812
Based on a loan of £161,250 over 30 years at 4.45% 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.

Stamp duty calculator

This calculation uses non-residential (land/commercial) tax rates.

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