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Friars Street, Shoeburyness, Southend-On-Sea

East of England

£285,000

Listed on 27/06/2026

Property details

Bedrooms
2
Type
Detached
Area
743 sqft

Description

This freehold property, set on four distinct titles, presents a noteworthy opportunity for renovation and investment. The vacant detached house is in need of significant improvements, offering a blank canvas for those looking to create their dream home or maximize rental potential. The site includes a compact plot of land, a workshop with an office space, and three single garages, already generating income through existing tenancies. With the right upgrades and potentially some redevelopment (subject to necessary permissions), this property could unlock considerable value. Accommodation comprises two bedrooms, a lounge, dining area, kitchen, and bathroom with additional external facilities. Located in the East of England, it benefits from local amenities while providing scope for further enhancement.

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Investment analysis

(SS3 area)

Above Market Value

This property is priced +1.1% above area average per sq ft

+1.1%
This Property
£384/sq ft
Area Average
£379/sq ft
Avg Rent (weekly)
£322
Avg Yield
4.1%

Renovation Potential

Medium Refurb
Est. Renovation Cost
£30,000 - £50,000
Target Value
£310,084
10% above area average per sq ft
Potential ROI
-7.4%
After renovation
Note: Renovation cost estimates are AI-generated based on property location and general characteristics, and may not reflect actual costs.
Monthly Sales
25
Average per month
Market Turnover
10%
Properties sold annually

Local Market Trend (SS3)

Area prices are rising by +2.4% over the last 12 months
3 year growth: +0.4%
5 year growth: +8.0%
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

Friars Street, Shoeburyness, Southend-On-Sea
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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
£1,077
Based on a loan of £213,750 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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