Property investment stats for Southend-on-Sea, East of England

• The average rental yield of 5.6% stands out for the region, and investors targeting the top-performing postcode district can achieve yields as high as 6.3%.
• The current median asking rent for a 3-bedroom house is £1,750, indicating robust tenant demand for family homes.
• A median discount of £5,000 (the typical achieved discount) suggests there is room for negotiation and potential value when purchasing.

• Capital growth over the past year has only changed by 0.3%, which may not appeal to those seeking fast returns.
• The price-to-income ratio of 6.3 is moderate, but investors should be mindful of affordability constraints for both buyers and renters.
• The unemployment rate sits in the 70th percentile, which could influence long-term rental stability and income security.

The outlook for Southend-on-Sea is mildly positive, with steady if unspectacular capital growth. Over three years, the area has seen capital values rise by 6.2%, which annualises to 2.0%, reflecting a market that moves gradually rather than in sharp bursts. Rental demand is expected to remain strong given the high proportion of private renters and the current asking rents for both houses and flats (£1,750 and £1,300 respectively).

Liquidity is reasonable, with properties typically selling in 65 days, and the possibility of negotiating below asking price adds to investor appeal. Given the balance of affordability, demand and a stable rental market, Southend-on-Sea should continue to offer solid, if unspectacular, returns for patient investors.