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East of England
£899,950
Listed on 22/09/2026
Listed on 22/09/2026
The listing
WHOTS analysis
An internal assessment of the opportunity to acquire, improve and create value.
Confidence: MEDIUM
This substantial seafront residence on Cliff Parade presents a unique opportunity to acquire a property with breathtaking panoramic views of the Thames Estuary. While the overall condition is dated and requires significant refurbishment, the generous proportions and flexible layout offer a blank canvas for buyers to modernise and reconfigure spaces to their liking. The living areas, kitchen, and bathrooms are all in need of updating, but this allows for a creative renovation project that could truly enhance the property's value.
However, the asking price of £899,950 translates to £653/sqf, which is considerably above the local average of £439/sqf, making it a dear proposition in this market. Coupled with the estimated renovation costs of £100,000 to £200,000, the all-in costs stretch beyond local benchmarks, which may limit the potential for a strong return on investment. Given the current economic landscape, buyers should carefully consider the financial implications before proceeding, as the margin versus local averages is notably negative.
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Finance
Illustrative repayments based on the asking price, not a mortgage offer.
Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
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.
Tax
Indicative tax based on the asking price and the options you select.
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