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The Grove, Southend-on-Sea, Essex, SS2

East of England

£300,000
Listed on 31/12/2025

Property Details

Bedrooms
3
Type
Terraced house
Area
1033 sqft

Description

This three-bedroom mid-terrace house in Southend-on-Sea offers a spacious layout with significant potential for renovation. Located conveniently near amenities, schools, and excellent transport options, this home is ideal for those looking to invest or create a personalized family abode. The ground floor features a sizable reception room perfect for everyday living and gatherings, alongside a kitchen that opens to the sizeable rear garden paired with a garage accessible via a shared road. The first floor consists of three well-sized bedrooms and a family bath/shower room, all of which would benefit from modernization. With its blank canvas design, this property is primed for updates that can enhance comfort and aesthetics, making it an appealing project for buyers seeking to add value over time. Its proximity to the vibrant town centre, seafront, and local parks contributes to an inviting lifestyle filled with leisure activities.

Investment Analysis

(SS2 area)

Below Market Value

This property is priced -15.0% below area average per sq ft

-15.0%
Potential saving
This Property
£290/sq ft
Area Average
£342/sq ft
Avg Rent (weekly)
£291
Avg Yield
4.8%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Target Value
£388,160
10% above area average per sq ft
Potential ROI
+14.2%
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

The Grove, 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
£1,099
Based on a loan of £225,000 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