Worst House on the Street Logo
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 1
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 2
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 3
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 4
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 5
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 6
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 7
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 8
3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY - Image 9

3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY

East of England

£150,000
Listed on 18/11/2025

Property Details

Bedrooms
2
Type
Terraced house

Description

This two-bedroom mid-terrace house presents a significant opportunity for renovation, appealing to both potential homeowners and investors. Situated within a convenient location, the property is within easy reach of local amenities, including an Asda superstore, shops, and transportation links. The interior layout features a living area, kitchen, and conservatory on the ground floor, with two bedrooms and a bathroom located on the upper level. Each room offers ample space that can be reimagined and updated to meet modern standards. The property also includes a garage and a garden extending approximately 30 feet, providing additional outdoor space that could be revitalized. While the home requires comprehensive modernization throughout, market insights suggest that once renovations are complete, it could achieve an estimated value of around £260,000. This projected figure highlights the investment potential for those looking to enhance the property's appeal or create rental opportunities. Given its current condition and desirable location, this home represents an excellent canvas for those willing to undertake refurbishment work. Interested parties are encouraged to conduct their own assessments regarding possible improvements and market performance.

Investment Analysis

(SS3 area)
Area Average
£368/sq ft
Avg Rent (weekly)
£315
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
20
Average per month
Market Turnover
12%
Properties sold annually

Local Market Trend (SS3)

Area prices are rising by +2.6% over the last 12 months
3 year growth: -2.3%
5 year growth: 10.4%
Investment Disclaimer: Analysis based on SS3 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

3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY
Loading map...

Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.19%

Current average variable rate is 6.78%

Monthly Repayments
£549
Based on a loan of £112,500 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.

Next Steps

Explore services to help you with this property purchase.

Need a mortgage for this property?

Explore personalised financing options tailored to this property

No obligation, free consultation

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