Back to Auction House

Two-bedroom eighth floor flat

Southend-on-Sea, SS2 - Get Access

2 bed 1 bath

Description

An eighth-floor two-bedroom flat situated within a purpose-built block arranged over ground and fifteen upper floors, in need of modernisation and subject to a periodic tenancy producing £7,800 per annum. The property comprises an eighth-floor layout featuring a reception room, kitchen, two bedrooms, and a bathroom. It is situated on a residential road close to local shops and amenities, with the open spaces of Southend-on-Sea Beach within easy reach. Transport links are provided by Southend Victoria rail station. The property is held on a 125-year lease from 4th March 1991, leaving approximately 89 years unexpired, and is subject to a periodic tenancy at a rent of £650 per calendar month.
Comparable sales
No comparables available.
Estimated market value
£
Range: £ — £
Medium confidence Floor Area Estimated: 650 sq ft

This two-bedroom flat in a high-rise purpose-built block was valued by examining prevailing regional market levels for similar apartments. We factored in the observed condition—requiring a full cosmetic refresh and updates to the kitchen and bathroom—alongside the unexpired lease term of roughly 89 years. An appropriate adjustment was also applied to reflect the ongoing periodic tenancy generating £7,800 per annum.

Unlock the full valuation
  • Exact estimated value and full value range
  • Detailed written analysis of how we reached this estimate
Unlock full report