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2 Friars Street, Shoeburyness, Essex, SS3 9BG

East of England

£380,000
Listed on 28/03/2026

Property Details

Bedrooms
2
Type
Detached

Description

This freehold property presents a unique mixed-use investment opportunity, comprising a vacant two-bedroom detached house alongside a workshop with an office space at the rear. The house requires some updating and modernisation, making it ideal for those looking to enhance its value through renovation. In addition, the site includes a 28' x 20' plot of land and three garages—two of which are currently tenanted for £100 each per month, while one garage remains unoccupied. The workshop is let out for £400 per month, providing immediate rental income potential. Located conveniently near Shoebury train station and local amenities on the High Street, this property has promising prospects for further development or rental enhancement.

Investment Analysis

(SS3 area)
Area Average
£368/sq ft

Renovation Potential

Medium Refurb
Est. Renovation Cost
£20,000 - £35,000
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
£1,371
Based on a loan of £285,000 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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