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Whittingham Avenue

Southend-on-Sea

£250,000

  • One bedroom apartment
  • Current net yield: 7.6%
  • Being sold with tenants in situ
  • Current rental income of £1800pcm
  • Pending lease extension to 150 years

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0161 337 3890

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Bewley Court, Whittingham Avenue, Southend-on-Sea, SS2 4RG

Asking Price: £250,000

Property Overview

This well-presented first-floor apartment, extending to approximately 722 sq ft, represents an attractive, low-maintenance investment opportunity in a well-connected and increasingly popular residential area of Southend-on-Sea. Offering a strong rental income of £1,800pcm (£21,600 per annum), the property delivers a net yield of 7.6% after accounting for the annual service charge and ground rent of £2,678.
The property comprises two generous double bedrooms, a spacious entrance hallway with useful storage, and a modern fitted bathroom finished to a high standard. At the heart of the apartment is a bright and contemporary open-plan living/kitchen space, complete with sleek fitted units and integrated appliances, designed to appeal to quality tenants. Large doors lead onto a fully enclosed sun terrace, providing additional usable living space year-round and enhancing tenant desirability.
Further benefits include excellent natural light throughout, a stylish interior finish, and a practical layout suited to professional tenants or sharers.
From an investment perspective, the lease currently has 89 years remaining but is in the process of being extended by the current owner to approximately 150 years, significantly enhancing long-term value and mortgageability while reducing future lease-related costs.

Location Highlights

Bewley Court is ideally situated within easy reach of a range of local amenities including shops, cafés, and essential services. The property benefits from strong transport links, with convenient access to mainline rail services offering direct routes into London, as well as nearby road connections for the A127 and A13. The presence of nearby green spaces further enhances its appeal to tenants seeking a balance of urban convenience and outdoor lifestyle.

Why This is a Strong Investment

  • Competitive asking price of £250,000
  • Approx. 722 sq ft of internal living space
  • Strong rental income of £1,800pcm
  • 7.6% net yield
  • Lease being extended to 150 years (future-proofed asset)
  • Modern, tenant-ready condition with no immediate capital expenditure required
  • Desirable two double bedroom layout
  • Strong tenant demand in a well-connected commuter location
Overall, this property offers a compelling blend of income, capital growth potential, and long-term security, making it an excellent addition to any investor’s portfolio.

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Return on Capital Employed (ROCE) Calculator

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