Conveniently located within walking distance to Southend Hospital and Westcliff Station, this property offers both comfort and accessibility. With a current lease of 52 years and an option for extension by 90 years on completion.
This ground floor flat is situated on Southview Drive in Westcliff-on-sea, providing a practical living space with easy access to local amenities. The property comprises two double bedrooms, making it ideal for small families or those needing extra space. The open kitchen layout offers a modern touch to the living area, ensuring functionality for everyday use.
The location is a significant advantage, with a 15-minute walk to both Southend Hospital and Westcliff Station. This makes it suitable for professionals working in the area or those who commute regularly. The paved garden adds an outdoor space for relaxation or entertaining guests.
The property is leasehold with a current lease of 52 years, but there is an option to extend by 90 years for £49,550. This opportunity presents potential buyers with flexibility regarding future plans. Consider this flat if you are seeking convenient living in Westcliff-on-sea. Act now to explore the possibilities this property has to offer.
Tenure: Leasehold Lease Length: 52 Years Building Insurance: £652.87 Service Charge: £0 Ground Rent: £30pa Council Tax: B (£1,675 p/yr) Borough: Southend Potential Rental: £1250 PCM Gross Yield: 8.33% - Without Lease Extension Gross Yield: 6.64% - With Lease Extension
Based on a 30 year mortgage, with a 10% deposit and a 4.50% interest rate. 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.
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