11A Elderton Road, Westcliff-on-Sea, Essex, SS0 8AG

Description

This lovely ground floor one bedroom flat is an ideal buy to let property for investors or owner occupiers alike. The property has the added benefit of having its own parking and being located within easy access of local shops along London Road, Hamlet Court Road and easy access to Westcliff train station

Accommodation

Entrance Hall; Lounge - 14'8 x 11'3; Kitchen - 8'7 x 6'5; Bedroom - 10'4 8'8; Shower Room - 6'6 x 3'4; Off street parking

Location

Located close to shops, with easy access to local shops along London Road, Hamlet Court Road and easy access to Westcliff train station

Tenure / Property Information

Investment Analysis

The strongest directly relevant evidence is 15 Elderton Road at £125,000 in February 2026, matching the guide. Other same-road flat sales range from £245,000 to £315,000, but bedroom count, size and specification are not supplied, so they provide only a broad upper scenario. Base GDV is therefore anchored to £125,000.

Investment Snapshot

Strategy Recommendation

Consider only as a BTL at or near the guide, subject to legal-pack, lease and inspection checks. Do not rely on the high rental listing or higher comparables without verification.

Works Required

No refurbishment works are identified in the supplied description. Allowance set at £0, subject to inspection and legal-pack review.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At a £125,000 purchase and base GDV of £125,000, 75% refinancing indicates £93,750, leaving approximately £31,250 invested before finance, tax and unprovided fees. There is no evidenced uplift or refurbishment strategy in the supplied data.

Buy-to-Let Analysis

At the auctioneer estimate of £950 pcm, gross rent is £11,400 annually and gross yield is 9.12% before ground rent, service charge, buildings insurance, finance, tax and management. The £3,200 pcm rental listing is an advertised asking rent and is not confirmed as comparable or achieved, so it should not underpin the appraisal.

Flip Analysis

A flip case is not established. The base GDV equals the guide price and no refurbishment or selling-cost allowance is supplied. Same-road sales show a wide range, but comparability is unverified.

Investor Risks & Due Diligence

• Only 85 years remain on the lease.

• Ground rent of £321 annually and service charge of £139.50 annually are advised; buildings insurance is additional.

• Rental evidence is limited and materially inconsistent: £950 pcm auctioneer estimate versus one £3,200 pcm advertised asking rent.

• Same-road sold prices range widely and comparable bedroom counts, sizes and specifications are unavailable.

• Buyer, administration, legal and other auction costs are not supplied.

• EPC rating is D.

Recommendation

Consider only as a BTL at or near the guide, subject to legal-pack, lease and inspection checks. Do not rely on the high rental listing or higher comparables without verification.

Strategy Rating

Analysis Confidence

The guide, one directly matching same-road sale, auctioneer rent and lease charges are supplied, but comparable specifications, buyer fees, condition, insurance cost and confirmed achievable rent are unavailable.