4 Bed Terraced House, Refurb/BRRR, Leigh-on-Sea, SS9 3AN, £650,000

Flemming Avenue, Leigh-on-Sea, SS9 3AN - 3 views - 4 months ago

Sold STC
Refurb/BRRR
~129 m²
+17 photos

ValuationOvervalued

Sold Prices£325K - £1.1M
Sold Prices/m²£3.6K/m² - £7.2K/m²

 

 

Square Metres

~129.26 m²
Price/m²£5K/m²

Value Estimate

£564,747

 

 

End Value (After Refurb)

£598,782

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£162,500

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£62,931

Bridging Loan Interest

£17,063

Total Cash In

£280,944

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£598,782

Mortgage (After Refinance)

£449,086

Mortgage LTV

75%

Cash Left In

£280,944

Equity

£149,695

Rent Range

£1,250 - £2,500

Rent Estimate

£1,845

Running Costs/mo

£2,260

Cashflow/mo

£-415

Cashflow/yr

£-4,982

Gross Yield

3%

Local Sold Prices

51 sold prices from £325K to £1.1M, average is £585K. £3.6K/m² to £7.2K/m², average is £4.5K/m².

PriceDateDistanceAddressBeds 
£552K01/210.05 mi23, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AP4
£590K12/200.06 mi28, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AB4
£535K01/210.06 mi54, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AB4
£695K01/230.11 mi48, Belfairs Drive, Leigh-on-sea, Southend-on-sea SS9 3AA4
£560K11/220.12 mi25, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DE4
£483.5K04/210.12 mi107, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DB4
£400K04/210.14 mi14, Foxwood Place, Leigh-on-sea, Southend-on-sea SS9 3QJ4
£520K07/230.17 mi120, Flemming Avenue, Leigh-on-sea, Southend-on-sea SS9 3AX4
£540K04/210.17 mi126, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AD4
£1.1M06/210.17 mi90, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AD4
£765.8K11/230.17 mi134, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AD4
£650K03/210.18 mi23, Underwood Square, Leigh-on-sea, Southend-on-sea SS9 3PB4
£600K01/210.18 mi136, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DD4
£712.5K01/230.18 mi119, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AS4
£555K10/230.19 mi96, Kingswood Chase, Leigh-on-sea, Southend-on-sea SS9 3BG4
£705K12/200.2 mi53, St Clements Drive, Leigh-on-sea, Southend-on-sea SS9 3BJ4
£510K04/210.21 mi32, St Clements Avenue, Leigh-on-sea, Southend-on-sea SS9 3BL4
£525K12/230.25 mi1132, London Road, Leigh-on-sea, Southend-on-sea SS9 2AJ4
£425K06/210.27 mi117, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DS4
£515K12/230.27 mi113, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DS4
£950K05/210.29 mi34, Percy Road, Leigh-on-sea, Southend-on-sea SS9 2LA4
£675K11/210.29 mi47, Percy Road, Leigh-on-sea, Southend-on-sea SS9 2LA4
£575K02/210.32 mi12, Fairview Gardens, Leigh-on-sea, Southend-on-sea SS9 3PE4
£620K02/230.32 mi42, Westleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 2LF4
£625K04/240.33 mi149, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BH4
£715K09/210.33 mi31, Marine Avenue, Leigh-on-sea, Southend-on-sea SS9 2JD4
£755K10/230.33 mi15, Marine Avenue, Leigh-on-sea, Southend-on-sea SS9 2JD4
£760K01/210.33 mi103, Salisbury Road, Leigh-on-sea, Southend-on-sea SS9 2JN4
£700K03/230.33 mi56, Westleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 2LF4
£565K03/230.33 mi121, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DX4
£590K06/210.34 mi48, Westcliff Drive, Leigh-on-sea, Southend-on-sea SS9 2LB4
£424K01/230.34 mi150, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BJ4
£515K08/210.35 mi60, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£490K11/200.35 mi50, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£560K08/230.36 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£560K08/230.36 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£800K02/210.36 mi74, Burnham Road, Leigh-on-sea, Southend-on-sea SS9 2JS4
£500K12/200.37 mi76, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AN4
£540K12/210.37 mi37, Tudor Gardens, Leigh-on-sea, Southend-on-sea SS9 3AE4
£650K04/240.37 mi56, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU4
£750K03/230.39 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4
£585K01/210.39 mi1322, London Road, Leigh-on-sea, Southend-on-sea SS9 2UQ4
£580K05/210.39 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4
£420K06/210.42 mi94, Randolph Close, Leigh-on-sea, Southend-on-sea SS9 4HU4
£450K01/230.42 mi97, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2BG4
£587K11/210.43 mi21, Scarborough Drive, Leigh-on-sea, Southend-on-sea SS9 3ED4
£325K02/210.45 mi8, Flemming Crescent, Leigh-on-sea, Southend-on-sea SS9 4HS4
£625K12/230.45 mi36, Scarborough Drive, Leigh-on-sea, Southend-on-sea SS9 3EE4
£725K02/230.46 mi205, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SB4
£645K12/200.48 mi30, Western Road, Leigh-on-sea, Southend-on-sea SS9 2PP4
£748.1K08/230.48 mi65, Vernon Road, Leigh-on-sea, Southend-on-sea SS9 2PS4

Local Rents

12 rents from £1.3K/mo to £2.5K/mo, average is £1.7K/mo.

RentDateDistanceAddressBeds 
£1,85009/240.26 miStation Road, Leigh-on-Sea, SS93
£1,35009/240.33 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,59509/240.43 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,50009/240.44 miLeigh on Sea3
£2,20011/240.45 mi-3
£2,20009/240.46 mi-3
£2,25004/250.46 mi-3
£1,60009/240.51 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£2,50009/240.54 miWestern Road, Leigh on Sea4
£2,40009/240.55 miTheobalds Road, Leigh-on-Sea4
£1,25009/240.6 miRectory Grove, Leigh-On-Sea3
£1,45004/250.6 mi-3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.21 miles away

Nearest school

0.20 miles away

Nearest train station

0.80 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £650,000

January 3, 2025

Listed for £600,000

December 19, 2024

Sold for £305,000

2016

Floor Plans

Description

  • Fully renovated interior and silicone rendered exterior +
  • Extension with kitchen-family room +
  • West-facing garden +
  • Great potential for parking s.t.p. +
  • Loft conversion housing master bedroom and en-suite +
  • Four great-sized bedrooms +
  • Characterful bay-fronted lounge +
  • All new heating and electrics +
  • Utilty room and downstairs w/c +
  • All new aluminium double glazed windows and sliding doors +

* £600,000 - £650,000 * COMPLETELY RENOVATED FOUR BEDROOM HOUSE * EXTENDED KITCHEN-FAMILY ROOM * LOFT CONVERSION * UTILITY ROOM AND DOWNSTAIRS W/C * HUGE PARKING POTENTIAL S.T.P. * NEW WINDOWS, HEATING AND ELECTRICS * TWO BATHROOMS * This stylish and spacious yet warm family home, has been completely refurbished inside and out, with an incredible amount of thought put into the renovations. The home has been extended to the rear and had the loft converted and now offers the next owners an enviable amount of living space.

The accommodation is comprised of; a bay-fronted lounge, downstairs w/c, practical utility room, an extended kitchen-family room to the rear with sitting and dining areas, three brilliantly sized bedrooms on the first floor with a fashionable three-piece bathroom and a top-floor master bedroom complete with Juliet balcony and a four-piece en-suite with a unique spa-style bath. Externally, there is a west-facing landscaped garden with side access, while to the front there is the potential for parking subject to planning.

The location is fantastic, with Belfairs Woods and Golf Course a walk away, as well as amenities and bus links at the top of the road. Leigh Train Station is only one mile away for commuters with direct links to London Fenchurch Street. For schooling, Blenheim Primary and Belfairs Academy sit within the catchment area, with the prestigious grammar schools of the borough nearby. The home is presented immaculately and should be viewed to truly appreciate all that is on offer!

Frontage - Shingled frontage which gives excellent potential for parking subject to planning, side access to garden, fencing to both sides and an overhanging front porch with a wooden and stained glass front door with sidelights leading to:

Entrance Hallway - Staircase rising to first floor landing with two storage cupboards underneath, access to downstairs w/c, access to utility room, column style radiator, skirting and wooden flooring.

Front Lounge - 4.93m × 3.54m (16'2" × 11'7") - Aluminium double glazed bay fronted window, exposed brick fireplace with log burning stove, vertical column style radiator, coving, skirting and wooden flooring.

Kitchen-Family Room Extension - 6.17m × 4.68m (20'2" × 15'4") - Aluminium double glazed sliding patio doors for access to west-facing garden, with an aluminium double glazed roof lantern above. Matt white kitchen units wall-mounted, base level and larder style comprising; island unit with both quartz and granite worktops with a four ring burner induction hob with integral extractor fan, a 1.5 stainless steel inset sink with Quooker boiling water tap and an in-built soap dispenser, pop-up power and USB sockets, pan drawers and storage cupboards, the rest of the kitchen has two eye-level Neff 'Slide and Hide' integrated ovens, an integrated Neff full-length fridge and an integrated Neff full-length freezer, boiler cupboard, integrated Neff dishwasher, media wall, spotlighting, skirting and wooden flooring with underfloor heating.

Utility Room - 3.22m × 1.40m (10'6" × 4'7") - Both wall-mounted and base level matt kitchen units comprising; 1.5 stainless steel sink and drainer with brushed nickel mixer tap, space for separate undercounter washing machine and tumble dryer, vertical column style radiator, spotlighting, skirting and wooden flooring.

Downstairs W/C - Wall-mounted wash basin with chrome mixer tap, column style radiator, w/c with hidden cistern, partially tiled walls, skirting and wooden flooring.

First Floor Landing - Further staircase rising to top floor loft conversion, storage cupboard, skirting and original wooden floorboards.

Bedroom Two - 4.88m × 3.42m (16'0" × 11'2") - Aluminium double glazed bay fronted window, vertical column style radiator, skirting and original wooden floorboards.

Bedroom Three - 4.84m × 2.98m (15'10" × 9'9") - Aluminium double glazed bay window to rear aspect, vertical column style radiator, skirting and original wooden floorboards.

Bedroom Four - 2.66m × 1.90m (8'8" × 6'2" ) - Aluminium double glazed window to front aspect, column style radiator, skirting and original wooden floorboards.

Three-Piece Family Bathroom - 2.50m × 2.28m (8'2" × 7'5") - Obscured aluminium double glazed window to rear aspect, bath with drencher head and secondary shower attachment, wall-mounted vanity unit with wash basin and traditional chrome mixer tap, w/c with hidden cistern, column style radiator, partially tiled walls, skirting and floor tiling with underfloor heating.

Master Bedroom (Top Floor) - 6.00m × 3.40m (19'8" × 11'1") - Aluminium double glazed siding door with an impressive Juliet balcony as well as two double glazed Velux windows to front aspect, built-in wardrobes, eaves storage and a high-level cupboard, exposed feature brickwork, access to en-suite, spotlighting and wooden flooring.

En-Suite To Master - 2.76m × 1.89m (9'0" × 6'2") - Aluminium double glazed window to rear aspect, shower cubicle with drencher head, secondary shower attachment and inset shelving, wall-mounted vanity unit with wash basin and chrome mixer tap, modern chrome towel radiator, wooden clad spa-style bathtub with chrome mixer tap, w/c with hidden cistern, spotlighting, fully tiled walls and flooring with underfloor heating.

West-Facing Garden - Commences with a landscaped patio which has a pathway leading to the rear of the garden where there is a hardstanding area for sheds, the rest of the garden is mostly laid to lawn with a feature tree, fencing and side access to front of property.

Agents Notes: - Ground floor has a mixture of conventional gas central heating with radiators, while the kitchen-family room is comprised of two underfloor heating zones and the top floors have conventional gas central heating with electric underfloor heating in both bathrooms. There is a total of 5 separate heating zones throughout the property for energy efficiency.
Frontage offers great potential for parking subject to planning (driveway could fit two vehicles).
All electrics and heating system were fully renewed in recent years.
Entire front and rear elevations have been completely silicon rendered.

Agent Details

Bear Estate Agents, Leigh-on-Sea

01702 967608

Next Steps?

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