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2 bedroom flat for sale
Southview Drive, Westcliff-on-sea, SS0 9
£180,000
Southview Drive, Westcliff-on-sea, SS0 9
£180,000
Our Summary
- With a current lease of 52 years and an option for extension by 90 years on completion
Description
This leasehold ground floor flat in Westcliff-on-sea offers a convenient and practical living space, located within walking distance to Southend Hospital and Westcliff Station. The property features two double bedrooms, an open kitchen layout, and a paved garden, making it ideal for small families or professionals who commute regularly. The lease has 52 years remaining, with an option to extend by 90 years for a fixed fee. This flexibility provides potential buyers with the ability to plan for the future. With a gross yield of 8.33% without lease extension and 6.64% with lease extension, this property presents a solid investment opportunity. With its convenient location, modern amenities, and potential for future growth, this flat is an attractive choice for those seeking a comfortable and accessible living space in Westcliff-on-sea.