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Cromer Road, Southend-On-Sea SS1

East of England

£180,000
Listed on 29/03/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom first-floor flat presents a unique opportunity for those looking to invest in a property with significant potential for modernisation. With a thoughtfully laid-out interior, the flat boasts a spacious living room filled with natural light, a separate kitchen area, and a generously proportioned double bedroom. Though perfectly habitable in its current state, it offers an ideal blank canvas for buyers aiming to enhance its value and tailor it to their personal style. The bathroom is functional but could greatly benefit from contemporary updates, providing further scope for refurbishment. Externally, the property includes the rare advantage of an off-street parking space, which adds to its appeal in this sought-after Southend locale. Residents can also enjoy access to a shared west-facing courtyard garden—an inviting space for relaxation or social gatherings while soaking up the afternoon sun. The flat's prime location off Cromer Road places it within easy reach of local amenities and transport links, including Southend East station with direct services to London, making this an attractive option for both homeowners and investors seeking high-yield rental opportunities. The freehold ownership adds long-term value and investment potential. Overall, this property represents a promising chance for those ready to unlock its hidden value through thoughtful renovations.

Investment Analysis

(SS1 area)
Area Average
£363/sq ft
Avg Rent (weekly)
£266
Avg Yield
3.9%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
20%
Properties sold annually

Local Market Trend (SS1)

Area prices are rising by +6.8% over the last 12 months
3 year growth: +3.3%
5 year growth: +17.5%
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

Cromer Road, Southend-On-Sea SS1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£649
Based on a loan of £135,000 over 30 years at 4.06% 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.

Price History

-16.3% since listed
£180,000£20,000(-10.0%)
28/03/2026
Current price
£200,000£15,000(-7.0%)
29/07/2025
£215,000Initial listing
21/05/2025

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