£200,000
Rochford, Essex
- 0 beds
£200,000
- 0 beds
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Key Features:
- Property Type: First Floor Flat
- Tenure: Leasehold with Share of Freehold (141 years remaining)
- Bedrooms: 2
- Bathrooms: 1
- Parking: Off-street parking + private garage
- Gardens: Private garden area
- Size: 569.29 sq ft / 52.89 sq m
About The Property:
Pure Investor brings to the market this well-maintained 2-bedroom flat located in a peaceful residential cul-de-sac in Rochford, Essex. Situated on the first floor of a low-rise building (ground and first floors only), this charming home offers well-proportioned living space.
Enjoy the convenience of private parking, a garage, and a private garden area, all highly desirable features rarely found at this price point. Inside, you’ll find a spacious living area, two comfortable bedrooms, a family bathroom, and a practical kitchen—all in good condition with no major works needed.
Investment Opportunity:
- Current Rent: £800 PCM
- Tenancy: Let until May 2026
- Tenant Reliability: 100% payment history, no arrears, no complaints
- Potential Market Rent: £1,150 PCM
- Gross Yield (at £200,000):
- Current Rent Yield: 4.8%
- Potential Rent Yield: 6.9%
Service Charge: £480 per annum (£40/month into a sink fund)
Ground Rent: £0
There are no anticipated increases to the service charge or additional charges expected in the near future.
Why Invest in Rochford?
Rochford is a sought-after town located within easy reach of Southend Airport, Rochford Station (Greater Anglia) for direct services to London Liverpool Street, and stunning Essex countryside.
Property Market Trends
- Average property price in 2015: £215,000
- Average property price in 2025: £320,000
- House price increase (12 months): +6%
Rental Market Trends
- Rental price increase (12 months): +8%
- High demand for rental property in the area with strong yields
- Commuter-friendly location with rising rental demand
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