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Lancaster Gardens, Southend-On-Sea SS1

East of England

£125,000
Listed on 23/04/2026

Property Details

Bedrooms
1
Type
Flat

Description

This one-bedroom apartment on the first floor is nestled within a peaceful turning in Southend, making it a solid investment opportunity for cash buyers. The property boasts a spacious lounge, separate kitchen, comfortable double bedroom, and bathroom. While the interior could benefit from some modernization and minor repairs, it presents an excellent chance for potential value uplift through renovation. With proximity to Southend town centre and convenient mainline train access to London, the location has attractive long-term rental prospects. Additionally, parking is available on-site, enhancing its appeal for both landlords and tenants. Currently tenanted, this property provides immediate rental income but note that it is suited for cash buyers only due to a short lease term of approximately 58 years remaining. This makes it an affordable entry point into a well-connected area with significant potential for increased value and returns.

Investment Analysis

(SS1 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£261
Avg Yield
3.7%

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
28
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SS1)

Area prices are stable by +0.4% over the last 12 months
3 year growth: +3.0%
5 year growth: +11.1%
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

Lancaster Gardens, Southend-On-Sea SS1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.91%

Current average variable rate is 6.62%

Monthly Repayments
£443
Based on a loan of £93,750 over 30 years at 3.91% 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

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