dealsourcr

3 Bed Terraced House, Single Let, Leigh-on-Sea, SS9 1NW, £285,000

102 Marguerite Drive, Leigh-on-Sea, Essex, SS9 1NW - 4 views - 5 months ago

Sold STC
Auction
BTL
ROI: 4%
~93 m²
+7 photos

ValuationUndervalued

Sold Prices£288K - £680K
Sold Prices/m²£3.2K/m² - £10.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.1K/m²

Value Estimate

£350,550
BMV23%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£71,250

Stamp Duty & Legal Fees

£11,500

Total Cash In

£82,750

 

 

Cash Out

 

Rent Range

£1,250 - £2,350

Rent Estimate

£1,500

Running Costs/mo

£1,211

Cashflow/mo

£289

Cashflow/yr

£3,473

ROI

4%

Gross Yield

6%

Local Sold Prices

51 sold prices from £288K to £680K, average is £475K. £3.2K/m² to £10.8K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£475K09/210.06 mi72, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£505K09/210.09 mi72, Marguerite Drive, Leigh-on-sea, Southend-on-sea SS9 1NW3
£415K05/210.1 mi38, Recreation Avenue, Leigh-on-sea, Southend-on-sea SS9 3JX3
£498.1K01/230.1 mi18, Cricketfield Grove, Leigh-on-sea, Southend-on-sea SS9 3EL3
£510K07/230.11 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£510K07/230.11 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£427.5K05/230.12 mi117, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£535K09/230.12 mi103, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£490K12/200.13 mi68, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£425K09/210.13 mi24, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£450K03/240.13 mi92, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£525K03/210.14 mi73, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1ND3
£540K06/210.14 mi87, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1ND3
£550K05/210.14 mi68, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1NE3
£460K03/230.16 mi173, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£550K11/230.16 mi169, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£530K03/230.17 mi23, Cricketfield Grove, Leigh-on-sea, Southend-on-sea SS9 3EJ3
£480K04/210.18 mi140, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RU3
£396K05/230.18 mi28, Kathleen Drive, Leigh-on-sea, Southend-on-sea SS9 3EN3
£460K03/210.18 mi24, Birchwood Drive, Leigh-on-sea, Southend-on-sea SS9 3LE3
£480K03/210.19 mi51, Woodfield Park Drive, Leigh-on-sea, Southend-on-sea SS9 1LN3
£485K05/230.19 mi64, Cheltenham Drive, Leigh-on-sea, Southend-on-sea SS9 3EH3
£385K03/240.19 mi56, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QA3
£405K03/210.19 mi61, Glenbervie Drive, Leigh-on-sea, Southend-on-sea SS9 3JT3
£430K10/210.2 mi1, Cheltenham Drive, Leigh-on-sea, Southend-on-sea SS9 3EQ3
£425K03/210.2 mi159, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£467.5K12/200.2 mi149, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£405K05/210.2 mi141, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£476.6K03/210.21 mi125, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ3
£577.5K01/230.21 mi49, Woodfield Park Drive, Leigh-on-sea, Southend-on-sea SS9 1LN3
£425K10/210.21 mi10, Woodfield Park Drive, Leigh-on-sea, Southend-on-sea SS9 1LW3
£450K06/210.22 mi57, Lansdowne Avenue, Leigh-on-sea, Southend-on-sea SS9 1LJ3
£466K10/230.22 mi49, Darlinghurst Grove, Leigh-on-sea, Southend-on-sea SS9 3LG3
£450K02/210.23 mi37, Olivia Drive, Leigh-on-sea, Southend-on-sea SS9 3EF3
£625K12/200.23 mi15, Glenbervie Drive, Leigh-on-sea, Southend-on-sea SS9 3JU3
£485K06/210.24 mi34, Woodfield Park Drive, Leigh-on-sea, Southend-on-sea SS9 1LW3
£475K11/230.25 mi34, Lansdowne Avenue, Leigh-on-sea, Southend-on-sea SS9 1LL3
£405K01/210.26 mi108, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QS3
£490K11/200.26 mi91, Fernleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1LG3
£478.5K01/230.26 mi9, Fernleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1LG3
£499.5K12/200.27 mi15, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£523.3K10/230.27 mi12, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£525K12/200.27 mi22, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EB3
£305.5K01/210.27 mi71, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3EZ3
£430K12/220.27 mi83, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3EZ3
£680K11/210.28 mi62, Fillebrook Avenue, Leigh-on-sea, Southend-on-sea SS9 3NT3
£465K02/210.28 mi18, Lansdowne Avenue, Leigh-on-sea, Southend-on-sea SS9 1LL3
£310.5K01/210.3 mi66, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£360K03/230.3 mi32, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£310K03/210.3 mi70, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£288K04/210.3 mi41, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HP3

Local Rents

15 rents from £1.3K/mo to £2.4K/mo, average is £1.8K/mo.

RentDateDistanceAddressBeds 
£1,89509/240.1 miRecreation Avenue, Leigh-On-Sea3
£1,50009/240.13 miGrange Park Drive, Leigh on sea, Leigh on sea, 3
£1,75009/240.15 mi-3
£1,85012/240.15 mi-3
£1,50009/240.26 miLeigh on Sea3
£1,60009/240.26 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,59509/240.26 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,50009/240.29 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£2,20009/240.42 mi-3
£2,25004/250.42 mi-3
£1,85009/240.43 miStation Road, Leigh-on-Sea, SS93
£1,80009/240.45 miEast Street, Leigh-On-Sea3
£2,35009/240.49 mi-3
£1,45004/250.55 mi-3
£1,25009/240.55 miRectory Grove, Leigh-On-Sea3

Links

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.78 miles away

Nearest school

0.20 miles away

Nearest train station

0.64 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £285,000

November 13, 2024

Floor Plans

Description

  • Freehold +
  • Strictly by appointment with the Auctioneer +

FOR SALE BY PUBLIC AUCTION ON WEDNESDAY 4TH DECEMBER AT 12PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE.

REFURBISHMENT OPPORTUNITY: A VACANT FREEHOLD THREE BEDROOM TERRACED HOUSE WITH OFF STREET PARKING WITHIN EASY ACCESS TO LEIGH BROADWAY
A vacant freehold mid-terraced house close to the shops along the London Road and easy access to restaurants of Leigh Broadway. This is considered ideal for both owner occupiers and buy to let investors alike. The accommodation comprises of three bedrooms, two receptions, small rear garden and off street parking to front.
Entrance Hall
Lounge 15'8 x 11'8
Dining Room 13'2 x 10'6
Kitchen 12'4 x 6'8
Conservatory 17'3 x 6'3
First Floor Landing
Bedroom One 16'9 x 8'2
Bedroom Two 13'11 x 9'9
Bedroom Three 7'7 x8'1
Bathroom/WC

We believe that once the property has been refurbished and works completed the price the valuation is around £450,000 but we recommend you check with local agents.
D

Agent Details

Dedman Gray Auctions, Essex

01702 311010

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

Similar Properties

Like this property? Maybe you'll like these ones close by too.

3 Bed Flat, Single Let, Leigh-on-Sea, SS9 3NQ

£325,000

1 views • a month ago • 84 m²

2 Bed House, Single Let, Leigh-on-Sea, SS9 3JY

£300,000

3 months ago • 62 m²

2 Bed Flat, Single Let, Leigh-on-Sea, SS9 3JY

£300,000

2 views • 2 months ago • 68 m²

2 Bed House, Single Let, Leigh-on-Sea, SS9 3JY

£300,000

1 views • 2 months ago • 68 m²

dealsourcr
Deals
Deal SearchSaved SearchesSaved DealsAddress Lookup
Tools
Deal AnalyserRightmove LookupRefurb CalculatorNew Build CalculatorStamp Duty Calculator
Refer a friend. Get £140!My Account