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2 Friars Street, Shoeburyness, Essex, SS3 9BG

East of England

£360,000
Listed on 14/03/2026

Property Details

Bedrooms
2
Type
Detached

Description

This property represents an intriguing investment opportunity, featuring a freehold site that includes a vacant two-bedroom detached home alongside a workshop with an office space currently occupied by tenants. Additionally, the site comprises three garages—two of which are let out, providing immediate rental income potential, while one is available for use or rental. There is also an adjacent parcel of land measuring 28' x 20', which may offer further development possibilities. The house itself requires some modernization but has good-sized rooms and favorable dimensions. Located near Shoebury train station and local amenities, this property allows for diverse options to enhance its value through renovations or alternative usage.

Investment Analysis

(SS3 area)
Area Average
£368/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£25,000 - £40,000
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
24
Average per month
Market Turnover
41%
Properties sold annually

Local Market Trend (SS3)

Area prices are stable by +1.5% over the last 12 months
3 year growth: -1.8%
5 year growth: +8.1%
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

2 Friars Street, Shoeburyness, Essex, SS3 9BG
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.06%

Current average variable rate is 6.81%

Monthly Repayments
£1,298
Based on a loan of £270,000 over 30 years at 4.06% 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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