2 Bed Apartment House For Sale Warrior Square North, Southend-on-Sea, SS1

£170,000- Apartment

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Last Updated: 22nd March 2024

Description

yieldit are pleased to offer to market this excellent two-bedroom apartment located in the investment hot spot of Southend-on-Sea. With a fantastic net yield of over 6% NET with realistic scope to improve this further, this an investment opportunity not to be missed!\r
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This unique property overlooks the green nearby and benefits from off road parking to the rear. Internally, the second floor apartment consists of a spacious open plan living and kitchen area, two well-proportioned bedrooms and family bathroom with three-piece suite.\r
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Warrior Square is within walking distance to Southend Victoria station with direct links into Central London making it perfect for working professionals and commuters who want a more peaceful and affordable base outside of the city. The desirability and connectivity of this area will ensure this property is always in demand on the rental market and providing healthy returns for the new landlord. \r
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Southend-On-Sea is a great area to invest in property and it presents good opportunity for capital appreciation with house prices increasing by 6% since the the 2021 peak. With an estimated population of 176,000, it is a key economic driver in South Essex and substantial levels of investment have seen significant redevelopment of the town centre and seafront with a major expansion programme in place for Southend Airport will only increase employment opportunities and the demand for rental accommodation such as this so don't miss out and enquire today to avoid disappointment.
Agent Details
yieldit
Suite 2A Osprey House at The Nest, Broadway, Manchester, M50 2UE.

Investment Analysis

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Calculators

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Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested