3 Bed Terraced House, Refurb/BRRR, Leigh-on-Sea, SS9 1RN, £340,000

Leigh Hall Road, Leigh-On-Sea, SS9 1RN - 1 views - 5 months ago

Sold STC
Leasehold
Refurb/BRRR
~93 m²
+26 photos

ValuationFair Value

Sold Prices£250K - £761K
Sold Prices/m²£2.6K/m² - £7.9K/m²

 

 

Square Metres

~93 m²
Price/m²£3.7K/m²

Value Estimate

£343,400

 

 

End Value (After Refurb)

£433,295

Uplift in Value

+27%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£85,000

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£45,279

Bridging Loan Interest

£8,925

Total Cash In

£163,654

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£433,295

Agent Fees (1%)

£4,333

Bridging Loan

£255,000

Bridging Loan Interest

£8,925

Flip Profit

£10,309

Local Sold Prices

52 sold prices from £250K to £761K, average is £499.8K. £2.6K/m² to £7.9K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£515K11/230.02 mi13, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1RL3
£424K06/210.03 mi41, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RP3
£382.5K05/210.05 mi8, Canonsleigh Crescent, Leigh-on-sea, Southend-on-sea SS9 1RJ3
£570K06/230.05 mi14, Canonsleigh Crescent, Leigh-on-sea, Southend-on-sea SS9 1RJ3
£605K12/200.06 mi34, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£535K04/210.06 mi29, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£637K04/240.06 mi34, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£472.5K08/230.07 mi80, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RG3
£514.3K12/200.08 mi19, East Street, Leigh-on-sea, Southend-on-sea SS9 1QF3
£405K06/210.09 mi125c, Kingswood Chase, Leigh-on-sea, Southend-on-sea SS9 3BE3
£480K03/210.11 mi73, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RQ3
£250K11/200.11 mi15, Ashleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1AD3
£499.5K12/200.13 mi15, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£523.3K10/230.13 mi12, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£520K08/230.14 mi28, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RH3
£530K10/230.15 mi5, Queens Road, Leigh-on-sea, Southend-on-sea SS9 1AZ3
£695K03/230.17 mi16, Seaview Road, Leigh-on-sea, Southend-on-sea SS9 1AT3
£761K09/230.17 mi24, Seaview Road, Leigh-on-sea, Southend-on-sea SS9 1AT3
£607K06/230.17 mi24, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QX3
£476.6K03/210.17 mi125, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ3
£540K03/210.17 mi49, Maple Avenue, Leigh-on-sea, Southend-on-sea SS9 1PR3
£385K03/240.18 mi56, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QA3
£550K04/240.18 mi6, Cliff Parade, Leigh-on-sea, Southend-on-sea SS9 1AS3
£400K11/200.18 mi6, Cliff Parade, Leigh-on-sea, Southend-on-sea SS9 1AS3
£510K07/230.25 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£510K07/230.25 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£427.5K05/230.25 mi117, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£535K09/230.25 mi103, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£660K03/230.26 mi7, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AU3
£425K03/210.26 mi159, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£467.5K12/200.26 mi149, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£405K05/210.26 mi141, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£460K03/230.27 mi173, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£550K11/230.27 mi169, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£480K04/210.28 mi140, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RU3
£505K09/210.3 mi72, Marguerite Drive, Leigh-on-sea, Southend-on-sea SS9 1NW3
£405K01/210.31 mi108, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QS3
£450K07/230.31 mi36, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£450K07/230.31 mi36, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£532.5K10/230.31 mi41, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£490K12/200.31 mi68, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£425K09/210.31 mi24, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£450K03/240.31 mi92, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£525K03/210.32 mi73, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1ND3
£540K06/210.32 mi87, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1ND3
£475K09/210.33 mi72, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£500K05/210.34 mi36, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU3
£575K06/210.35 mi140, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AN3
£550K05/210.35 mi68, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1NE3
£450K12/200.37 mi63, Leighville Grove, Leigh-on-sea, Southend-on-sea SS9 2HU3
£415K01/230.37 mi37, Leighville Grove, Leigh-on-sea, Southend-on-sea SS9 2HU3
£440K09/230.38 mi74, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2AY3

Local Rents

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

RentDateDistanceAddressBeds 
£1,80009/240.1 miEast Street, Leigh-On-Sea3
£2,35009/240.13 mi-3
£1,85012/240.22 mi-3
£1,60009/240.24 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,45004/250.25 mi-3
£2,20009/240.25 mi-3
£2,25004/250.25 mi-3
£1,25009/240.25 miRectory Grove, Leigh-On-Sea3
£1,50009/240.35 miLeigh on Sea3
£1,59509/240.4 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,50009/240.44 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£1,75009/240.46 mi-3
£1,89509/240.46 miRecreation Avenue, Leigh-On-Sea3
£1,85009/240.47 miStation Road, Leigh-on-Sea, SS93
£1,35009/240.48 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,50009/240.49 miGrange Park Drive, Leigh on sea, Leigh on sea, 3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.88 miles away

Nearest school

0.10 miles away

Nearest train station

0.60 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £340,000

January 19, 2025

Listed for £360,000

November 28, 2024

Floor Plans

Description

  • Fantastic duplex apartment just yards from Leigh Broadway. +
  • In need of basic modernisation, huge potential. +
  • Stunning roof terrace with views over Leigh on Sea & sea glimpses. +
  • 3 good size bedrooms, 2 bathrooms. +
  • Large lounge, separate fitted kitchen/diner. +
  • New lease, no ground rent, reasonable charges. +
  • Short walk to local shops, restaurants & bars. +
  • Easy walking distance of mainline railway stations. +
  • Vacant possession & no onward chain. +
  • Can be only fully appreciated with an early internal inspection. +

Scott & Stapleton are excited to offer for sale this enormous duplex apartment with stunning roof terrace, situated just a stones throw from Leigh Broadway. This fabulous property is in need of some general modernisation but with a bit of vision & a little hard work this could be a spectacular opportunity.

The huge property extends to approx. 1,150 sq ft and benefits from a large lounge, separate kitchen/diner, family bathroom & 2 good size bedrooms on the first floor. The second floor has the impressive master bedroom suite with bedroom, study area, en suite shower room and access to the 20' x 13' roof terrace with stunning views over Leigh & even sea glimpses.

The property also benefits from a new lease & no ground rent charges.

Located within a few yards of Leigh Broadway with local shops, restaurants & bars within easy staggering distance. The mainline railway stations, local schools & all other amenities are also nearby.

Offered with vacant possession & no onward chain this is a brilliant opportunity to purchase a magnificent apartment in a highly desirable location. An early internal inspection is strongly advised.

Accommodation Comprises - Communal entrance door leading to communal entrance hall with personal door leading to stairs to first floor landing.

First Floor Landing - 7.72m x 1.73m (25'4 x 5'8) - Huge bright space with stairs to second floor. Built in cupboard housing meters, radiator. Doors to all rooms.

Lounge - 4.65m x 3.48m (15'3 x 11'5) - Large UPVC double glazed square bay window to front. Feature wooden fireplace, radiator, coved ceiling.

Kitchen/Diner - 4.06m x 3.45m (13'4 x 11'4) - Double aspect room with UPVC double glazed windows to side & rear. Range of base & eye level units, spaces for oven, fridge/freezer & washing machine. Roll edge worktops with inset sink unit, wall mounted Vaillant boiler (not tested), radiator.

Family Bathroom - 2.57m x 2.16m (8'5 x 7'1) - Obscure UPVC double glazed window to side. White suite comprising of panelled bath, pedestal wash hand basin & low level WC, radiator.

Bedroom 2 - 3.73m x 3.53m (12'3 x 11'7) - UPVC double glazed window to rear. Radiator, 2 wall light points.

Bedroom 3 - 2.49m x 2.03m (8'2 x 6'8) - UPVC double glazed window to front. Radiator.

Second Floor Master Bedroom Suite - 6.27m x 5.28m max (20'7 x 17'4 max) - UPVC double glazed window to front. Large picture window to rear, door to rear on to roof terrace. 2 double radiators, fitted cupboards. Door to en suite.

Alcove - 3.20m x 1.24m (10'6 x 4'1) - Window to front. Restricted head height. Ideal for study area or wardrobes.

En Suite - 2.74m x 1.57m (9' x 5'2) - Obscure glazed window to rear. White suite comprising shower cubicle, wall mounted wash hand basin & low level WC. Space & plumbing for washing machine.

Roof Terrace - 6.17m x 4.01m (20'3 x 13'2) - Fantastic outside space with tiled floor & wrought iron railings. Views over Leigh on Sea & sea glimpses. Great space for al fresco dining or entertaining.

Lease Details - Brand new 125 year lease.
No ground rent payable.
Maintenance split with ground floor apartment.

Agent Details

Scott & Stapleton, Leigh-on-Sea

01702 471155

Next Steps?

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