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Seamer Road, Southminster

East of England

£375,000
Listed on 23/03/2025

Property Details

Bedrooms
4
Type
Detached house
Area
2056 sqft

Description

Nestled within a tranquil, private road adorned with leafy surroundings, this 0.4-acre building plot presents an excellent opportunity for renovation and investment. The site benefits from full planning permission, granted by appeal on February 24, 2023, allowing for the construction of a two-storey dwelling. Plans include three double bedrooms with two en-suites on the upper floor and inviting communal spaces such as an open-plan kitchen/family/dining area, along with additional reception rooms on the ground level. This layout promises to cater to modern living needs while offering ample space for both relaxation and entertainment. The plot itself is mostly clear but features established trees and hedgerows along the boundaries, providing privacy and a sense of nature. A garden storage shed and a log cabin equipped with a kitchenette and WC add functional value that can be put to use during the building phase or even as temporary accommodations. An independent access road leads to a spacious driveway, complemented by an expansive garage/workshop measuring 8.5m x 7.2m, ideal for storage or as a workspace. From an investment perspective, the location holds significant potential. Southminster is well-connected with rail links to London Liverpool Street Station, making it attractive for commuters. The village supports family living with amenities like local primary education options and recreational facilities, including parks and sports clubs. It also boasts essential shopping conveniences such as grocery stores, a butcher, coffee shop, pharmacy, veterinary services, takeaways, and public houses. Utilities include mains water connected to the site; however, potential buyers should note that private drainage solutions will be necessary due to the absence of mains drainage in the vicinity. Additionally, discussions regarding electricity connections are encouraged since there is currently a telegraph pole on-site that may require relocation. This property not only offers an exciting blank canvas for development but also serves as a strategic investment in a growing community that seamlessly combines rural charm with accessible urban living. Interested parties are invited to explore further opportunities for custom designs should they wish to reapply for planning permission or adapt existing plans tailored to their vision.

Investment Analysis

(CM0 area)

Below Market Value

This property is priced -49.5% below area average per sq ft

-49.5%
Potential saving
This Property
£182/sq ft
Area Average
£361/sq ft
Avg Rent (weekly)
£308
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£150,000 - £250,000
Target Value
£816,890
10% above area average per sq ft
Potential ROI
+30.7%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
19
Average per month
Market Turnover
14%
Properties sold annually

Local Market Trend (CM0)

Area prices are stable by +0.8% over the last 12 months
3 year growth: -2.3%
5 year growth: 10.1%
Investment Disclaimer: Analysis based on CM0 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

Seamer Road, Southminster
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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
£1,374
Based on a loan of £281,250 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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