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Maldon Road, Southend-on-Sea, Essex, SS2 - Image 1
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Maldon Road, Southend-on-Sea, Essex, SS2

East of England

£280,000
Listed on 14/03/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1072 sqft

Description

This three-bedroom terraced house in the desirable Southend-on-Sea area offers a solid foundation for those looking to invest or create their ideal home through renovation. The property is conveniently located near local schools, shops, and public transport links, making it a practical choice for families and commuters alike. Upon entering, you will find an entrance hall that leads to the main living spaces. The lounge features a charming bay window that invites natural light, while also providing ample electrical outlets and a classic fireplace that could be revitalized as part of a modern design scheme. Adjacent to this space is a separate dining room, offering potential for both formal dining and casual gatherings. A breakfast room adds further versatility to the layout, allowing for flexible use as either an eating area or additional living space. The kitchen, equipped with base and eye-level units, includes work surfaces and essential appliances that may benefit from updating to maximize functionality and aesthetic appeal. Upstairs, the landing provides access to the loft and an airing cupboard for additional storage. Each of the three bedrooms is well-sized; the master bedroom boasts two double-glazed windows at the front of the property, while the second bedroom overlooks the rear garden. The third bedroom is positioned at the side, making it suitable for various uses. The family bathroom includes essential amenities such as a low-level WC, panelled bath, and wash hand basin—all of which present opportunities for renovation aligned with contemporary tastes. The rear garden features an immediate patio area leading into a lawn space and includes a shed for storage. With an inviting outdoor environment ripe for landscaping or expansion, this property holds significant potential. Offered with no onward chain, this home represents an excellent investment opportunity or first-time purchase. It merits early viewing to fully appreciate its possibilities in both location and renovation scope.

Investment Analysis

(SS2 area)

Below Market Value

This property is priced -23.5% below area average per sq ft

-23.5%
Potential saving
This Property
£261/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£15,000 - £25,000
Target Value
£402,815
10% above area average per sq ft
Potential ROI
+32.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
34
Average per month
Market Turnover
17%
Properties sold annually

Local Market Trend (SS2)

Area prices are rising by +3.9% over the last 12 months
3 year growth: 8.1%
5 year growth: 25.6%
Investment Disclaimer: Analysis based on SS2 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

Maldon Road, Southend-on-Sea, Essex, SS2
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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
£1,026
Based on a loan of £210,000 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