3 Bed Flat, Single Let, Leigh-on-Sea, SS9 2AJ, £280,000

1152 London Road, Leigh-on-Sea, Essex, SS9 2UH - 4 views - a year ago

Sold STC
Leasehold
BTL
ROI: 3%
~93 m²
+8 photos

ValuationUndervalued

Sold Prices£197.5K - £436.5K
Sold Prices/m²£1.8K/m² - £5K/m²

 

 

Square Metres

~93 m²
Price/m²£3K/m²

Value Estimate

£310,114
BMV11%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£70,000

Stamp Duty & Legal Fees

£11,100

Total Cash In

£81,100

 

 

Cash Out

 

Rent Range

£1,250 - £2,350

Rent Estimate

£1,406

Running Costs/mo

£1,176

Cashflow/mo

£230

Cashflow/yr

£2,758

ROI

3%

Gross Yield

6%

Local Sold Prices

39 sold prices from £197.5K to £436.5K, average is £270K. £1.8K/m² to £5K/m², average is £3.3K/m².

PriceDateDistanceAddressBeds 
£380K09/230.14 mi46, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU3
£337.5K02/210.26 mi135a, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1QY3
£365K09/230.26 mi135a, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1QY3
£315K01/210.27 mi52a, Torquay Drive, Leigh-on-sea, Southend-on-sea SS9 1SE3
£327.5K12/200.3 mi30a, Torquay Drive, Leigh-on-sea, Southend-on-sea SS9 1SE3
£295K05/210.43 mi130, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PU3
£327.5K06/210.45 mi134, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RA3
£355K03/230.48 mi151, Hadleigh Road, Leigh-on-sea, Southend-on-sea SS9 2LR3
£265K08/210.59 mi82, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1NE3
£270K05/210.6 mi31, Maple Avenue, Leigh-on-sea, Southend-on-sea SS9 1PR3
£328.5K06/210.67 mi7a, Carlton Drive, Leigh-on-sea, Southend-on-sea SS9 1DE3
£380K01/230.92 mi102, Beach Avenue, Leigh-on-sea, Southend-on-sea SS9 1HB3
£280K08/230.98 mi21, Martyns Grove, Westcliff-on-sea, Southend-on-sea SS0 9XX3
£265K10/231.11 mi1889, London Road, Leigh-on-sea, Southend-on-sea SS9 2SY3
£387.5K11/231.14 mi106a, Olive Avenue, Leigh-on-sea, Southend-on-sea SS9 3QE3
£260K08/211.22 mi747, London Road, Westcliff-on-sea, Southend-on-sea SS0 9ST3
£307.5K02/241.22 mi743a, London Road, Westcliff-on-sea, Southend-on-sea SS0 9ST3
£250K02/211.28 mi140, Fairmead Avenue, Westcliff-on-sea, Southend-on-sea SS0 9SB3
£250K04/211.38 mi142, Fleetwood Avenue, Westcliff-on-sea, Southend-on-sea SS0 9RF3
£235K02/211.4 mi115, Ronald Park Avenue, Westcliff-on-sea, Southend-on-sea SS0 9QP3
£197.5K09/211.5 mi110, Southview Drive, Westcliff-on-sea, Southend-on-sea SS0 9QD3
£230K03/211.52 mi95, Electric Avenue, Westcliff-on-sea, Southend-on-sea SS0 9NL3
£300K04/211.54 mi34a, Whitefriars Crescent, Westcliff-on-sea, Southend-on-sea SS0 8EU3
£280K06/231.59 mi59a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LW3
£280K06/231.59 mi59a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LW3
£230K07/211.61 mi151a, Westcliff Park Drive, Westcliff-on-sea, Southend-on-sea SS0 9LS3
£230K11/211.63 mi13a, Satanita Road, Westcliff-on-sea, Southend-on-sea SS0 8DD3
£260K06/211.65 mi66a, Cotswold Road, Westcliff-on-sea, Southend-on-sea SS0 8AB3
£270K08/231.66 mi8a, Satanita Road, Westcliff-on-sea, Southend-on-sea SS0 8DE3
£240K03/211.68 mi1a, Meteor Road, Westcliff-on-sea, Southend-on-sea SS0 8DF3
£265K07/211.71 mi12a, Britannia Road, Westcliff-on-sea, Southend-on-sea SS0 8BS3
£255K11/211.74 mi11a, Palmerston Road, Westcliff-on-sea, Southend-on-sea SS0 7TA3
£225K03/211.84 mi18a, Argyll Road, Westcliff-on-sea, Southend-on-sea SS0 7HN3
£205K03/211.84 miFlat 19, Castle Court, Castle Lane, Benfleet, Essex SS7 2AE3
£436.5K06/211.85 mi66, Midhurst Avenue, Westcliff-on-sea, Southend-on-sea SS0 0NR3
£225K02/211.93 mi32b, Preston Road, Westcliff-on-sea, Southend-on-sea SS0 7ND3
£280K06/231.93 mi85a, High Street, Hadleigh, Benfleet, Essex SS7 2PA3
£368.5K04/231.98 mi5a, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NJ3
£215K11/201.98 mi9, Cossington Road, Westcliff-on-sea, Southend-on-sea SS0 7NJ3

Local Rents

14 rents from £1.3K/mo to £2.4K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85009/240.08 miStation Road, Leigh-on-Sea, SS93
£1,35009/240.2 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£2,20009/240.23 mi-3
£2,25004/250.23 mi-3
£1,50009/240.24 miLeigh on Sea3
£1,59509/240.25 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,60009/240.28 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,25009/240.39 miRectory Grove, Leigh-On-Sea3
£1,45004/250.39 mi-3
£1,85012/240.45 mi-3
£1,80009/240.46 miEast Street, Leigh-On-Sea3
£1,89509/240.52 miRecreation Avenue, Leigh-On-Sea3
£2,35009/240.55 mi-3
£1,50009/240.56 miGrange Park Drive, Leigh on sea, Leigh on sea, 3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.42 miles away

Nearest school

0.20 miles away

Nearest train station

0.73 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £280,000

May 17, 2024

Floor Plans

Description

  • Penthouse apartment +
  • Private south facing balcony with far reaching views +
  • No onward chain +
  • Three great sized bedrooms +
  • Bathroom plus en-suite to master +
  • Bright lounge +
  • Separate office/dining area +
  • Modern fitted kitchen with additional Juliet balcony +
  • Great school catchment area +
  • Walk to Leigh Station and the Broadway +

* £280,000- £300,000 * RECENTLY UPGRADED PENTHOUSE APARTMENT * PRIVATE SOUTH FACING BALCONY * BATHROOM PLUS EN-SUITE * NO ONWARD CHAIN * This top floor penthouse apartment has a south facing balcony attached to the bright rear reception room, three bedrooms, and a generous family bathroom. There is an en-suite to the large master bedroom, as well as a modern fully fitted kitchen and separate dining area/office space. Leigh Station and the popular Broadway are only a walk away, and there are useful amenities and bus links on the doorstep. For schooling, Leigh North Street and Belfairs Academy are within the catchment area and the grammar schools are a very short drive away. The property is vacant and offered with no onward chain.

Frontage - Block paved pathway leading up to communal front door, communal entrance with stairs rising to the first floor leading to a private entrance door which leads to a further staircase rising to the second floor within the flat.

Dining/Office Area On Landing - 6.18m x 2m (20'3" x 6'6") - Three double UPVC glazed windows including a feature window on the staircase and two sets of bespoke shutter blinds, dining area as well as a work station, loft access, spotlighting, coving, radiator with decorative cover, boiler cupboard, skirting and carpet.

Lounge - 4.50m x 3.61m (14'9" x 11'10") - UPVC French doors and sidelights to rear aspect for access to the private south facing balcony as well as a UPVC double glazed side window, feature fireplace, radiator with decorative wooden cover, spotlighting, coving, skirting, carpet.

Private Balcony - South facing with far reaching views,

Kitchen - 2.63m x 2.40m (8'7" x 7'10") - UPVC double glazed Juliet balcony door and sidelights, gloss kitchen units both wall-mounted and base level comprising; two storage areas to left hand side, wood effect laminate worktops with stainless steel sink and drainer with chrome mixer tap, four ring burner induction hob with integrated oven and a tiled splashback, dishwasher, washing machine, fridge/freezer, spotlighting, coving skirting, wood effect laminate flooring (appliances to remain).

Master Bedroom - 5.57m x 3.75m (18'3" x 12'3") - UPVC double glazed bay fronted window, two sets of fitted wardrobes, access to en-suite, radiator with decorative cover, spotlighting, skirting, carpet.

En-Suite To Master - 2.64m x 1.31m (8'7" x 4'3") - Fully tiled walls, walk-in shower with drencher head and secondary shower attachment, spotlighting, extractor fan, vanity unit with wash basin and chrome mixer tap, combined toilet with hidden cistern, towel radiator, floor tiling.

Second Bedroom - 3.80m x 2.73m (12'5" x 8'11") - UPVC double glazed window to rear aspect, fitted wardrobes, radiator with cover, spotlighting, coving, skirting, carpet.

Third Bedroom - 3.30m x 1.94m (10'9" x 6'4") - UPVC double glazed window to front aspect, fitted wardrobes, radiator with cover, spotlighting skirting, carpet.

Three-Piece Family Bathroom - 3.30m x 2.42m (10'9" x 7'11") - Obscured UPVC double glazed window to side aspect, pedestal wash basin with chrome tap, bath with shower over, low-level w/c, spotlighting, skirting, partial wall tiling, floor tiling.

Agent Details

Bear Estate Agents, Leigh-on-Sea

01702 967608

Next Steps?

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