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Riviera Drive, Southend-On-Sea, Essex, SS1

East of England

£275,000
Listed on 06/05/2026

Property Details

Bedrooms
2
Type
Terraced

Description

This two-bedroom mid-terrace house presents a promising opportunity for investors or homebuyers looking to enhance a property with considerable potential. The home, which comes without any onward chain, has been previously tenanted and now requires comprehensive modernisation, making it an ideal canvas for those wishing to create their dream residence. The entrance hall features laminated flooring and leads to a welcoming lounge area measuring 22'3" x 10'8" with a double glazed bay window that allows ample natural light and includes a charming feature fireplace. Adjacent is the dining area, sized at 10'8" x 8'10", which benefits from another double glazed window overlooking the rear garden. The kitchen (10'3" x 9'8") includes basic fittings with a range of eye and base-level units, yet it will require updates to meet contemporary standards. This space has a door leading directly to the rear garden, which is fully paved and incorporates a brick-built shed — perfect for storage. Upstairs, the landing offers access to the loft area, while two generously sized bedrooms provide ample living space—bedroom one measures 14'2" max x 9'11", and bedroom two is 10' x 8'9". The bathroom/WC is functional but dated, featuring both a shower cubicle and panelled bath along with essential fixtures. Overall, this property represents substantial renovation potential in East of England, where thoughtful updates could significantly increase its market value.

Investment Analysis

(SS1 area)
Area Average
£365/sq ft
Avg Rent (weekly)
£251
Avg Yield
3.5%

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
27
Average per month
Market Turnover
8%
Properties sold annually

Local Market Trend (SS1)

Area prices are rising by +6.7% over the last 12 months
3 year growth: +9.1%
5 year growth: +15.7%
Investment Disclaimer: Analysis based on SS1 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

Riviera Drive, Southend-On-Sea, Essex, SS1
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 3.97%

Current average variable rate is 6.59%

Monthly Repayments
£981
Based on a loan of £206,250 over 30 years at 3.97% 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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