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3 Bed Bungalow, Single Let, Leigh-on-Sea, SS9 5TY, £315,000

Whitehouse Meadows, Leigh-on-sea, SS9 5TY - 4 months ago

BTL
ROI: 2%
~83 m²
+14 photos

ValuationFair Value

Sold Prices£212.5K - £470K
Sold Prices/m²£2.2K/m² - £8.4K/m²

 

 

Square Metres

~83.40 m²
Price/m²£3.8K/m²

Value Estimate

£313,314

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£78,750

Stamp Duty & Legal Fees

£22,700

Total Cash In

£101,450

 

 

Cash Out

 

Rent Range

£1,395 - £2,250

Rent Estimate

£1,495

Running Costs/mo

£1,303

Cashflow/mo

£192

Cashflow/yr

£2,300

ROI

2%

Gross Yield

6%

Local Sold Prices

50 sold prices from £212.5K to £470K, average is £325K. £2.2K/m² to £8.4K/m², average is £3.7K/m².

PriceDateDistanceAddressBeds 
£470K12/220.08 mi29, Orchard Side, Leigh-on-sea, Southend-on-sea SS9 5TT3
£255K05/210.14 mi134, Neil Armstrong Way, Leigh-on-sea, Southend-on-sea SS9 5UL3
£300K10/210.14 mi72, Whitehouse Road, Leigh-on-sea, Southend-on-sea SS9 5ST3
£410K07/230.18 mi87, Orchard Grove, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5TP3
£380K11/230.18 mi45, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JD3
£385K09/230.19 mi2, Young Close, Leigh-on-sea, Southend-on-sea SS9 5UQ3
£302K12/200.2 mi46, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£340K03/210.2 mi38, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£330K11/200.2 mi44, Brendon Way, Westcliff-on-sea, Southend-on-sea SS0 0JF3
£307.5K12/200.2 mi163, Neil Armstrong Way, Leigh-on-sea, Southend-on-sea SS9 5UH3
£385K05/210.22 mi49, Whitehouse Road, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5SR3
£394K05/210.23 mi5, Kent Elms Close, Southend-on-sea SS2 6UB3
£450K04/210.25 mi8, Apple Row, Leigh-on-sea, Southend-on-sea SS9 5TS3
£410K06/230.25 mi53, Neil Armstrong Way, Leigh-on-sea, Southend-on-sea SS9 5YY3
£336.5K05/240.25 mi41, Neil Armstrong Way, Leigh-on-sea, Southend-on-sea SS9 5YY3
£405K11/230.27 mi35, Coniston, Southend-on-sea SS2 6SL3
£390K05/210.28 mi19, Shepard Close, Leigh-on-sea, Southend-on-sea SS9 5YR3
£340K12/230.28 mi80, Coniston, Southend-on-sea SS2 6SN3
£305K08/230.28 mi614, Prince Avenue, Westcliff-on-sea, Southend-on-sea SS0 0EX3
£410K05/210.3 mi55, Rayleigh Road, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5UU3
£362.5K02/230.31 mi99, Rayleigh Road, Eastwood, Leigh-on-sea, Southend-on-sea SS9 5UZ3
£421K08/210.32 mi17, Byfield, Leigh-on-sea, Southend-on-sea SS9 5TG3
£294K11/200.32 mi45, Old Mead, Southend-on-sea SS2 6SW3
£300K11/200.32 mi27, Old Mead, Southend-on-sea SS2 6SW3
£278K04/210.32 mi39, Old Mead, Southend-on-sea SS2 6SW3
£278K12/200.32 mi8, Lundy Close, Southend-on-sea SS2 6HA3
£325K12/230.32 mi2, Lundy Close, Southend-on-sea SS2 6HA3
£305K07/230.32 mi24, Lundy Close, Southend-on-sea SS2 6HA3
£362.5K12/210.32 mi25, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£277.5K11/200.32 mi3, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£318K12/200.33 mi15, Elms Court, Westcliff-on-sea, Southend-on-sea SS0 0BF3
£212.5K10/230.33 mi2, Elms Court, Westcliff-on-sea, Southend-on-sea SS0 0BF3
£322K03/210.33 mi30, Fairfield Crescent, Leigh-on-sea, Southend-on-sea SS9 5SQ3
£356.5K10/230.33 mi6, Fairfield Crescent, Leigh-on-sea, Southend-on-sea SS9 5SQ3
£285K04/210.35 mi108, Western Approaches, Southend-on-sea SS2 6TY3
£325K06/210.36 mi152, Western Approaches, Southend-on-sea SS2 6TY3
£390K09/230.36 mi5, Repton Grove, Southend-on-sea SS2 6SJ3
£339K09/230.36 mi162, Rayleigh Road, Leigh-on-sea, Southend-on-sea SS9 5XQ3
£320K10/230.36 mi154, Western Approaches, Southend-on-sea SS2 6TY3
£395K09/230.36 mi146, Western Approaches, Southend-on-sea SS2 6TY3
£415K10/220.36 mi194, Western Approaches, Southend-on-sea SS2 6TY3
£320K03/210.37 mi7, Willow Close, Leigh-on-sea, Southend-on-sea SS9 5XG3
£367K10/230.37 mi294, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0EZ3
£260K11/200.37 mi24, Dunster Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HQ3
£320K09/230.37 mi174, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HE3
£285K05/210.37 mi178, Mendip Crescent, Westcliff-on-sea, Southend-on-sea SS0 0HE3
£302K08/230.38 mi19, Bruton Avenue, Westcliff-on-sea, Southend-on-sea SS0 0HW3
£325K06/230.39 mi319, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0HA3
£305K04/210.39 mi305, Bridgwater Drive, Westcliff-on-sea, Southend-on-sea SS0 0HA3
£270K08/210.39 mi22, Rockall, Southend-on-sea SS2 6TU3

Local Rents

20 rents from £1.4K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,90009/240.24 miPrince Avenue, Westcliff-on-Sea3
£1,79509/240.55 miBridgwater Drive, Westcliff On Sea3
£1,95007/240.63 mi-3
£1,70009/240.65 miMountdale Gardens, Leigh-on-sea, SS93
£1,80008/240.71 mi-3
£1,70001/250.74 mi-3
£1,39509/240.78 miBrookfields, Leigh-On-Sea3
£1,49509/240.81 miLeighwood Avenue, Leigh-on-Sea3
£1,55009/240.86 miArterial Road, Leigh on Sea3
£2,25009/241 miPrittlewell Chase, Westcliff On Sea3
£1,65001/251.02 mi-3
£1,60009/241.02 miWellstead Gardens, Westcliff on Sea3
£1,50009/241.04 miCarlingford Drive, Westcliff-on-Sea3
£1,67501/251.06 mi-3
£1,65001/251.06 mi-3
£1,60009/241.13 miThe Fairway, Leigh-on-sea, SS93
£1,90010/241.19 mi-3
£1,50009/241.22 miMill House, Westcliff-On-Sea, SS03
£1,60004/251.23 mi-3
£1,60004/251.23 mi-3

Links

Local Area Statistics

Population in SS9

49,984

Town centre distance

1.23 miles away

Nearest school

0.10 miles away

Nearest train station

1.58 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £315,000

February 28, 2025

Listed for £325,000

December 20, 2024

Floor Plans

Description

  • Scandinavian-style terraced bungalow +
  • Spacious lounge/dining area with vaulted ceiling +
  • Modern 4-piece bathroom suite +
  • Versatile reception room ideal for study/bedroom +
  • Garage in nearby block plus on-street parking +
  • Easy-to-maintain rear garden with patio and feature pond +
  • Accessible utility room/storage space +
  • Proximity to highly regarded schools and transport links +

Guide Price: £315,000-£335,000
This Scandinavian-style bungalow, situated in a quiet cul-de-sac, offers a blend of modern comfort and convenience. With its proximity to essential amenities and highly regarded schools, it presents an ideal opportunity for those seeking a relaxed yet accessible lifestyle.

Tenure: Freehold
Council Tax Band: C (£1,822 p/yr)

Agent Details

Gilbert & Rose, Leigh-on-sea

01702 967150

Next Steps?

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

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