The Renown, Shoeburyness, Southend-on-Sea, Essex, SS3
East of England
£50,000Guide Price
Listed on 23/10/2026
Listed on 23/10/2026
The listing
Property details
Bedrooms
1Type
FlatDescription
Offered at auction, this one-bedroom ground-floor flat has its own private entrance and is being sold with no onward chain. The listing states that refurbishment is required and that 61 years remain on the lease. The property is close to local shops and amenities, with road transport links nearby. Buyers should review the auction information pack and account for the reservation fee and other stated auction terms, as well as making their own checks on the lease and condition.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
47out of 100
Grade ELow opportunity
Confidence: LOW
At £50,000, this one-bedroom ground-floor flat with its own private entrance offers a clear renovation canvas: the living room and bedroom have dated finishes and flooring, while the kitchen and bathroom are also ready for modernisation. The kitchen ceiling has an open section and dark staining that should be investigated; the exterior views show no obvious major structural failure. The works are estimated at £33,000–£59,000, so this is a medium-scale project with scope to refresh the interiors and make the most of the self-contained layout.
The score is 47/100 (E, Low Opportunity), with value versus local £/sqf not yet judgeable because the floor area is missing. The 61-year lease is an important point to investigate, alongside the kitchen ceiling staining and the auction terms and fees before proceeding.
Key opportunities
- Refresh the dated living room and bedroom, including their wall finishes and worn-looking carpets.
- Modernise the dated fitted kitchen and bathroom to create a more cohesive interior.
- Make use of the ground-floor position and private entrance in the updated layout and presentation.
Key risks
- The 61-year lease remaining needs investigation, including the implications and options for extending it.
- The open kitchen ceiling section and dark staining should be investigated before specifying the work.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£189
Based on a loan of £37,500 over 30 years at 4.45% interest
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