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London Road, Southend-On-Sea

East of England

£1,050,000
Listed on 06/10/2025

Property Details

Bedrooms
N/A
Type
Detached house

Description

This property presents a remarkable renovation and investment opportunity with approved plans for a versatile development. The project includes provisions for five one-bedroom flats, one two-bedroom flat, as well as two two-bedroom chalets and an adaptable two/three-bedroom chalet. Situated in a highly desirable location, the property is within walking distance to the seafront, ensuring residents can easily access coastal leisure activities. Additionally, it boasts proximity to local amenities, city center conveniences, public transportation routes including bus services and train stations, making it appealing for future tenants. The layout consists of several planned units: three ground-floor one-bedroom flats, a two-bedroom flat on the ground floor, and additional first-floor options that include three one-bedrooms. In addition to these residential units, the inclusion of chalets adds further potential for unique rental opportunities or vacation stays. This property's planning permissions open a pathway for transforming the existing structure into a profitable venture while taking advantage of its sought-after location. Whether you choose to proceed with the existing plans or explore alternative uses, this site offers significant potential for savvy investors looking to enhance their portfolios.

Investment Analysis

(SS1 area)
Area Average
£364/sq ft
Avg Rent (weekly)
£270
Avg Yield
4.1%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£500,000 - £700,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
29
Average per month
Market Turnover
11%
Properties sold annually

Local Market Trend (SS1)

Area prices are rising by +9.2% over the last 12 months
3 year growth: 6.5%
5 year growth: 23.4%
Investment Disclaimer: Analysis based on SS1 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

London Road, Southend-On-Sea
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Mortgage Calculator

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£
£
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years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£3,846
Based on a loan of £787,500 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