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DRAKE ROAD, Chalkwell

East of England

£1,000,000

Listed on 19/06/2026

Property Details

Bedrooms
5
Type
Detached
Area
1841 sqft

Description

This versatile home offers a unique opportunity for renovation and personalization, catering to families seeking space and potential for modern living. The property features multiple living areas, including a lounge with stylish period elements and a spacious living room that connects to the garden through tri-folding doors, inviting natural light. The kitchen/diner is fitted with contemporary appliances but could benefit from a refresh for those who love cooking and entertaining. An unfinished outbuilding in the garden presents an excellent chance to create additional living quarters or a productive space, enhancing the property's value significantly. The house is set back from the street with a well-maintained front garden and driveway access leading to a lean-to garage. In the rear, there’s ample outdoor space with both paved and lawned areas, perfect for family activities or summer gatherings. Located in the desirable Chalkwell area, this property strikes a balance between serene coastal charm and urban amenities. Within walking distance of local parks, shops, beaches, and transport links to London, it provides an ideal environment for families or professionals looking to capitalize on its prime position while customizing their dream home.

Investment Analysis

(SS0 area)

Above Market Value

This property is priced +53.0% above area average per sq ft

+53.0%
This Property
£543/sq ft
Area Average
£355/sq ft
Avg Rent (weekly)
£281
Avg Yield
4.3%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£45,000 - £75,000
Target Value
£718,911
10% above area average per sq ft
Potential ROI
-33.1%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
40
Average per month
Market Turnover
9%
Properties sold annually

Local Market Trend (SS0)

Area prices are stable by -0.6% over the last 12 months
3 year growth: -1.4%
5 year growth: +5.5%
Investment Disclaimer: Analysis based on SS0 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

DRAKE ROAD, Chalkwell
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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
£3,778
Based on a loan of £750,000 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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