4 Bed Terraced House, Refurb/BRRR, Leigh-on-Sea, SS9 2BA, £535,000

1336 London Road, Leigh-on-Sea, Essex, SS9 2UH - 2 views - 3 months ago

Refurb/BRRR
~129 m²
+11 photos

ValuationUndervalued

Sold Prices£400K - £1.2M
Sold Prices/m²£3.5K/m² - £14.4K/m²

 

 

Square Metres

~129.26 m²
Price/m²£4.1K/m²

Value Estimate

£570,625

 

 

End Value (After Refurb)

£639,261

Uplift in Value

+7%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£133,750

Stamp Duty & Legal Fees

£36,700

Refurb Costs

£62,931

Bridging Loan Interest

£14,044

Total Cash In

£249,175

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£639,261

Mortgage (After Refinance)

£479,446

Mortgage LTV

75%

Cash Released

£78,196

Cash Left In

£170,979

Equity

£159,815

Rent Range

£1,250 - £2,850

Rent Estimate

£1,967

Running Costs/mo

£2,411

Cashflow/mo

£-444

Cashflow/yr

£-5,329

Gross Yield

4%

Local Sold Prices

51 sold prices from £400K to £1.2M, average is £590K. £3.5K/m² to £14.4K/m², average is £4.8K/m².

PriceDateDistanceAddressBeds 
£450K01/230.09 mi97, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2BG4
£700K03/230.11 mi56, Westleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 2LF4
£715K09/210.11 mi31, Marine Avenue, Leigh-on-sea, Southend-on-sea SS9 2JD4
£755K10/230.11 mi15, Marine Avenue, Leigh-on-sea, Southend-on-sea SS9 2JD4
£590K06/210.11 mi48, Westcliff Drive, Leigh-on-sea, Southend-on-sea SS9 2LB4
£620K02/230.11 mi42, Westleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 2LF4
£935K11/210.11 mi31, Salisbury Road, Leigh-on-sea, Southend-on-sea SS9 2JX4
£645K12/200.17 mi30, Western Road, Leigh-on-sea, Southend-on-sea SS9 2PP4
£950K05/210.19 mi34, Percy Road, Leigh-on-sea, Southend-on-sea SS9 2LA4
£675K11/210.19 mi47, Percy Road, Leigh-on-sea, Southend-on-sea SS9 2LA4
£800K02/210.19 mi74, Burnham Road, Leigh-on-sea, Southend-on-sea SS9 2JS4
£625K04/240.19 mi149, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BH4
£915K10/230.2 mi19, Theobalds Road, Leigh-on-sea, Southend-on-sea SS9 2NE4
£760K01/210.2 mi103, Salisbury Road, Leigh-on-sea, Southend-on-sea SS9 2JN4
£424K01/230.21 mi150, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BJ4
£500K12/200.25 mi76, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AN4
£740K09/210.3 mi112, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SQ4
£748.1K08/230.31 mi65, Vernon Road, Leigh-on-sea, Southend-on-sea SS9 2PS4
£525K12/230.32 mi1132, London Road, Leigh-on-sea, Southend-on-sea SS9 2AJ4
£650K04/240.32 mi56, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU4
£695K01/230.33 mi48, Belfairs Drive, Leigh-on-sea, Southend-on-sea SS9 3AA4
£560K11/220.34 mi25, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DE4
£550K04/210.35 mi22, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RH4
£890K02/210.36 mi32, Harley Street, Leigh-on-sea, Southend-on-sea SS9 2NJ4
£725K02/230.37 mi205, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SB4
£575K02/210.37 mi12, Fairview Gardens, Leigh-on-sea, Southend-on-sea SS9 3PE4
£585K01/210.38 mi1322, London Road, Leigh-on-sea, Southend-on-sea SS9 2UQ4
£590K12/200.39 mi28, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AB4
£535K01/210.39 mi54, Eastwood Road, Leigh-on-sea, Southend-on-sea SS9 3AB4
£510K04/210.4 mi32, St Clements Avenue, Leigh-on-sea, Southend-on-sea SS9 3BL4
£400K04/210.41 mi14, Foxwood Place, Leigh-on-sea, Southend-on-sea SS9 3QJ4
£650K03/210.42 mi23, Underwood Square, Leigh-on-sea, Southend-on-sea SS9 3PB4
£875K03/230.43 mi27, Canvey Road, Leigh-on-sea, Southend-on-sea SS9 2NN4
£715K04/210.45 mi7, Leigh Gardens, Leigh-on-sea, Southend-on-sea SS9 2PX4
£1.0M12/230.45 mi2, Sea Reach, Leigh-on-sea, Southend-on-sea SS9 1BL4
£550K06/210.46 mi28, Seaview Road, Leigh-on-sea, Southend-on-sea SS9 1AT4
£550K08/210.47 mi94, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1QZ4
£575K09/230.47 mi17, Alexandra Road, Leigh-on-sea, Southend-on-sea SS9 1QD4
£552K01/210.48 mi23, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AP4
£452.5K12/230.5 mi18, Barnard Road, Leigh-on-sea, Southend-on-sea SS9 3PH4
£500K02/210.51 mi157, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT4
£1.2M06/210.51 mi16a, Cliff Parade, Leigh-on-sea, Southend-on-sea SS9 1AS4
£560K08/230.51 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£560K08/230.51 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£490K11/200.52 mi50, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£512.5K02/210.53 mi44, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RP4
£712.5K01/230.53 mi119, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AS4
£400K03/210.53 mi111, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ4
£490K08/210.53 mi111, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ4
£580K05/210.53 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4
£750K03/230.53 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4

Local Rents

18 rents from £1.3K/mo to £2.9K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,35009/240.12 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£2,40009/240.2 miTheobalds Road, Leigh-on-Sea4
£1,25009/240.26 miRectory Grove, Leigh-On-Sea3
£1,45004/250.27 mi-3
£2,20009/240.28 mi-3
£2,25004/250.28 mi-3
£2,50009/240.36 miWestern Road, Leigh on Sea4
£1,85009/240.39 miStation Road, Leigh-on-Sea, SS93
£1,80009/240.42 miEast Street, Leigh-On-Sea3
£1,60009/240.44 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£2,35009/240.45 miCanonsleigh Crescent, Leigh-On-Sea4
£2,20009/240.46 miSeaview Road, Leigh-On-Sea, Essex, SS94
£2,85009/240.47 miAlexandra Road, Leigh-On-Sea4
£1,82509/240.47 miWestern Road, Leigh On Sea3
£1,50009/240.48 miLeigh on Sea3
£2,35009/240.5 mi-3
£1,59509/240.52 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,85012/240.6 mi-3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.64 miles away

Nearest school

0.20 miles away

Nearest train station

0.42 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Price changed to £535,000

April 5, 2025

Price changed to £550,000

January 31, 2025

Listed for £600,000

January 14, 2025

Floor Plans

Description

  • Larger than average floorplan with four bedrooms on first floor +
  • South facing garden with side access +
  • West Leigh School catchment area +
  • South of London Road +
  • Moments from Leigh Broadway +
  • Completely renovated interiors +
  • Short walk to Leigh Station for commuters +
  • Open-plan kitchen-diner +
  • Bay fronted character +
  • Two bathrooms with a downstairs W/C +

* WEST LEIGH SCHOOL CATCHMENT * FOUR BEDROOMS ON FIRST FLOOR * SOUTH-FACING GARDEN WITH SIDE ACCESS * RENOVATED INTERIORS * TWO BATHROOMS AND DOWNSTAIRS W/C * NO ONWARD CHAIN * MOMENTS FROM THE BROADWAY AND LEIGH STATION * This stunning renovation offers a huge amount of internal space, a south-facing garden, a fantastic school catchment area and no onward chain!

The accommodation is comprised of; a particularly wide frontage with side access, a welcoming hallway with access to the downstairs W/C, a bay-fronted lounge and a new open plan kitchen-diner. While on the first floor, you will find four bedrooms with an en-suite to master and a separate three-piece family bathroom. To the rear, there is a south-facing garden with a large decked sun terrace - perfect for the summer months!

The location offers a fantastic school catchment with both the West Leigh Schools and Belfairs Academy available, while the prestigious grammar schools of the borough are only a bus ride away. Bus links and amenities are close at hand and the bustling Leigh Broadway as well as Leigh station for London commuters are moments away. The property is offered with no onward chain and viewings are available now!

Frontage - Landscaped frontage with gated side access to garden, garden wall, shingle area with a cobblestone pathway leading to an overhanging front porch with a UPVC double glazed obscured front door.

Entrance Hallway - Original stained glass window to front aspect, meter cupboard, cupboard under the stairs, access to w/c, double radiator, skirting, wood effect laminate flooring.

Front Lounge - 4.81m × 3.66m (15'9" × 12'0") - UPVC double glazed window to front aspect, feature fireplace, double radiator, coving, skirting, wood effect laminate flooring.

Kitchen-Diner - 5.52m × 3.72m (18'1" × 12'2") - UPVC double glazed French doors for south-facing garden access as well as UPVC double glazed rear window, shaker style kitchen units both wall-mounted and base level comprising; butler sink with chrome mixer tap set into wood effect laminate worktops, four ring burner induction hob with hidden extractor over, integrated Bosch oven, integrated washing machine, integrated Neff dishwasher, space for fridge/freezer, radiator, skirting, wood effect laminate flooring.

Downstairs W/C - Low-level w/c, vanity unit with wash basin and chrome mixer tap, skirting, wood effect laminate flooring.

First Floor Landing - Loft access, skirting, carpet.

Master Bedroom - 4.90m × 4.44m (16'0" × 14'6") - UPVC double glazed bay fronted window, access to en-suite, alcove perfect for wardrobes, double radiator, skirting, carpet.

Bedroom Two - 3.71m × 2.92m (12'2" × 9'6") - UPVC double glazed window to rear aspect, radiator, skirting, carpet.

Bedroom Three - 3.27m × 2.41m (10'8" × 7'10") - UPVC double glazed orial window to front aspect, radiator, skirting, carpet.

Bedroom Four/Office - 2.83m × 1.53m (9'3" × 5'0") - UPVC double glazed window to rear aspect, radiator, skirting, carpet.

En-Suite To Master - 2.02m × 1.24m (6'7" × 4'0") - mObscured UPVC double glazed window to front aspect, walk-in shower with drencher head and secondary shower attachment, combined vanity unit with w/c, wash basin, chome towel radiator, fully waterproof laminate flooring.

Three-Piece Family Bathroom - 2.25m × 1.94m (7'4" × 6'4") - Two UPVC double glazed obscured windows to rear aspect, bath with shower attachment, combined vanity unit with w/c, wash basin, radiator, fully waterproof laminate flooring.

Loft - Accessed via loft ladder and it is fully insulated.

South-Facing Rear Garden - Gated side access to front of property. Commences with a decked seating area with the remainder mostly laid to lawn with mature planting borders and trees for a high amount of privacy, fencing all around.

Agent Details

Bear Estate Agents, Leigh-on-Sea

01702 967608

Next Steps?

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