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Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN - Image 1
Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN - Image 2
Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN - Image 3
Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN - Image 4
Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN - Image 5

Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN

East of England

£1,050,000
Listed on 27/03/2025

Property Details

Bedrooms
7
Type
Detached house

Description

This expansive property, once a seventeen-bedroom hotel, offers substantial potential for renovation or repurposing. Currently configured with seven bedrooms, it presents an excellent opportunity for investors looking to create residential units. Preliminary plans are available for conversion into seven apartments, but there is also the option to develop a large House in Multiple Occupation (HMO) subject to planning permissions. Situated in a desirable area just off the seafront, the location combines convenience and appeal. It’s within easy reach of Westcliff Mainline Station, providing direct access to London Fenchurch Street and making it an attractive option for future tenants or homeowners. The size and layout of the property provide ample scope for customization, whether you choose to pursue multifamily housing or maintain its historical charm while updating its facilities. This is a prime investment opportunity in a market known for steady demand and growth potential.

Investment Analysis

(SS0 area)
Area Average
£350/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.6%

Renovation Potential

Est. Renovation Cost
£105,000 - £262,500
10-25% of property value
Monthly Sales
49
Average per month
Market Turnover
34%
Properties sold annually

Local Market Trend (SS0)

Area prices are rising by +6.7% over the last 12 months
3 year growth: 3.8%
5 year growth: 14.5%
Investment Disclaimer: Analysis based on SS0 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Grosvenor Road, Westcliff on Sea, Essex, SS0 8EN
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