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Benleigh House, Marina Avenue, Rayleigh, Essex - Image 1
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Benleigh House, Marina Avenue, Rayleigh, Essex - Image 6

Benleigh House, Marina Avenue, Rayleigh, Essex

East of England

£155,000

Listed on 28/05/2026

Property Details

Bedrooms
1
Type
Ground Flat
Area
414 sqft

Description

This one-bedroom ground floor flat presents a compelling opportunity for those interested in undertaking a renovation project. The layout features a welcoming entrance hall, a spacious lounge that benefits from abundant natural light thanks to its large window, and a separate kitchen. The property also includes a double bedroom and a bathroom equipped with essential fixtures. Although the flat is currently in need of significant modernization throughout, it offers ample scope for personal touches and improvements pending any necessary permissions. Nestled in a residential area, it boasts convenient access to local shops, public transport, and green spaces – making it ideal for investors or developers looking to maximize its potential value through thoughtful upgrades.

Investment Analysis

(SS6 area)

Below Market Value

This property is priced -11.0% below area average per sq ft

-11.0%
Potential saving
This Property
£374/sq ft
Area Average
£421/sq ft
Avg Rent (weekly)
£349
Avg Yield
4.2%

Renovation Potential

Heavy Refurb
Est. Renovation Cost
£15,000 - £30,000
Target Value
£191,655
10% above area average per sq ft
Potential ROI
+3.6%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
30
Average per month
Market Turnover
15%
Properties sold annually

Local Market Trend (SS6)

Area prices are stable by -0.5% over the last 12 months
3 year growth: +2.1%
5 year growth: +10.4%
Investment Disclaimer: Analysis based on SS6 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

Benleigh House, Marina Avenue, Rayleigh, Essex
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Mortgage Calculator

£
£
£
%
%
years

Current average 2-year fixed rate is 4.45%

Current average variable rate is 6.60%

Monthly Repayments
£586
Based on a loan of £116,250 over 30 years at 4.45% 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.

Stamp Duty Calculator

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