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Leigh on Sea SS9

East of England

£465,000
Listed on 01/11/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1011 sqft

Description

This three-bedroom property in the heart of Leigh-On-Sea presents a unique opportunity for renovation and investment. Ideally situated just a short walk from the vibrant Leigh Broadway and c2c Mainline Station, this home benefits from its prime location while offering ample scope for improvement. The ground floor features a spacious lounge that showcases period details, alongside a separate dining room which could easily be modernized to suit contemporary living. The kitchen, while functional, provides potential for an upgrade and connects directly to the private rear garden—an inviting space that can be enhanced with landscaping or additions. Upstairs, you'll find two generously sized double bedrooms and a smaller single bedroom, accompanied by a family bathroom. There is considerable potential for converting the loft into additional living space, subject to planning approval. Furthermore, the current vendors have existing plans for a proposed rear extension that would significantly increase the footprint of the home and add value. With no onward chain, this property presents an excellent canvas for those looking to invest in a desirable area. Its characterful charm combined with significant renovation possibilities make it an attractive project for buyers keen to create their ideal living environment or enhance rental yield.

Investment Analysis

(SS9 area)

Above Market Value

This property is priced +6.3% above area average per sq ft

+6.3%
This Property
£460/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£481,150
10% above area average per sq ft
Potential ROI
-6.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
46
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SS9)

Area prices are stable by +0.4% over the last 12 months
3 year growth: 1.1%
5 year growth: 15.6%
Investment Disclaimer: Analysis based on SS9 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Any renovation cost estimates provided are AI-generated and should be considered indicative only. 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

Leigh on Sea SS9
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£1,703
Based on a loan of £348,750 over 30 years at 4.19% interest

These results are estimates and are only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE