16A Lonsdale Road, Southend-on-Sea, Essex, SS2 4LZ

Description

This beautifully presented First Floor Maisonette has been refurbished to a high standard throughout. There is a spacious open-plan Lounge / Diner / Kitchen with ample cupboards, a luxury bathroom and two additional rooms. The Private Rear Garden is accessed via an external staircase. The property is considered ideal for investors and owner occupiers alike

Accommodation

Private Entrance Door to: Entrance Lobby - stairs rising to: First Floor Landing - built-in storage. Open Plan Lounge / Diner / Kitchen: 16'1 max x 15'4 max. Middle Room: 8'9 x 7'6 max. Rear Room: 13'1 max x 10'1 max. Bathroom / Wc. Externally: Private Rear Garden (accessed via a metal staircase).

Tenure / Property Information

Investment Analysis

The most relevant evidence is the same property’s completed sale at £75,000 on 12 June 2026, materially below the £130,000 guide. Other same-road flat/maisonette sales range from £113,450 to £196,500, including 5A Lonsdale Road at £144,000 in June 2024. The refurbished description may support a higher value than the £75,000 sale, but no condition, timing or specification details explain the large difference. A provisional base GDV of £130,000 is therefore used, with a broad evidence-based range of £75,000 to £144,000; this is not a formal valuation.

Investment Snapshot

Strategy Recommendation

Do not bid at the guide without investigating the £75,000 same-property sale, confirming the lease and verifying condition. Treat as a potential owner-occupier purchase rather than an underwritten investment until rent and all costs are evidenced.

Works Required

No specific works are supported by the evidence. The property is described as refurbished to a high standard, so the immediate requirement is verification of the stated condition, open-plan kitchen/living area, bathroom, additional rooms, garden access and lease documentation rather than assuming a refurbishment budget.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

A BRRR appraisal cannot be established without supported rent, refurbishment costs, buyer/admin fees, lease details and finance assumptions. At the provisional £130,000 GDV, 75% refinance would be £97,500, but total project cost and cash left in cannot be calculated.

Buy-to-Let Analysis

BTL appraisal cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The guide price is also materially above the latest completed sale of this same property, so rental yield and maximum bid cannot be calculated reliably.

Flip Analysis

Using the provisional £130,000 GDV against the £130,000 guide leaves no gross margin before fees, works, finance or selling costs. The latest same-property sale at £75,000 creates substantial valuation risk. Estimated flip surplus is therefore unsupported.

Investor Risks & Due Diligence

• The latest completed sale of the same property was £75,000, £55,000 below the guide.

• The £130,000 GDV is only a provisional estimate and is not a formal valuation.

• No achieved or advertised rental evidence is supplied, so yield and BTL viability cannot be established.

• Buyer premium, admin charge and other fees are unspecified; the listing states plus fees.

• Lease length, ground rent, service charge and other lease terms are not supplied.

• No quantified refurbishment budget is supported, despite the property being described as refurbished.

• Private rear garden access is via an external metal staircase and should be verified for condition, rights and maintenance responsibility.

Recommendation

Do not bid at the guide without investigating the £75,000 same-property sale, confirming the lease and verifying condition. Treat as a potential owner-occupier purchase rather than an underwritten investment until rent and all costs are evidenced.

Strategy Rating

Analysis Confidence

The property description and several completed sales are available, but there is no lease information, rent evidence, EPC, condition report, buyer/admin fee schedule or quantified works budget. The same-property sale is also materially below the guide, creating significant valuation uncertainty.