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1067 London Road, Leigh-on-Sea, SS9 3JP

East of England

£475,000
Listed on 01/10/2025

Property Details

Bedrooms
N/A
Type
Detached house
Area
3063 sqft

Description

This property offers a versatile setup with a ground floor retail space complemented by a three-bedroom flat above, making it an ideal candidate for renovation or investment. Located on London Road (A13) in Leigh-on-Sea, the site benefits from high visibility and accessibility, surrounded by established residential neighborhoods and local amenities. The ground floor features a modern shopfront leading to an inner room equipped with a toilet and additional storage. Beyond this area lies a workshop complete with access to a rear yard, which could serve various purposes depending on your vision for the property. The roof is outfitted with six solar panels, enhancing energy efficiency and potential cost savings. Above the retail space is a self-contained three-bedroom flat that boasts its own private entrance. This living area includes a spacious living room, kitchen, separate toilet, and shower room, alongside gas central heating for comfortable living year-round. The bay window in one of the bedrooms adds charm and character to the space. At the back of the main building sits an additional workshop constructed from brick, steel, and timber. Currently utilized for vehicle cleaning and detailing operations, it features office accommodations, LED lighting, air conditioning, and a roller shutter door for easy access. The exterior offers parking options at the front along with roller shutter access to the workshop. An extra piece of land at the rear presents further development opportunities or can be used for additional outdoor space. Given its prime location and flexible layout, this freehold property holds significant renovation potential or can be reimagined as an investment opportunity—subject to planning approvals.

Investment Analysis

(SS9 area)

Below Market Value

This property is priced -64.2% below area average per sq ft

-64.2%
Potential saving
This Property
£155/sq ft
Area Average
£433/sq ft
Avg Rent (weekly)
£336
Avg Yield
4.2%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£60,000 - £100,000
Target Value
£1,457,728
10% above area average per sq ft
Potential ROI
+153.5%
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

1067 London Road, Leigh-on-Sea, SS9 3JP
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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
£1,740
Based on a loan of £356,250 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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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE