3 Bed Semi-Detached House, Refurb/BRRR, Leigh-on-Sea, SS9 4HB, £350,000

Fostal Close, Leigh-on-Sea, SS9 4HB - 2 views - 3 months ago

Sold STC
Refurb/BRRR
~93 m²
+6 photos

ValuationFair Value

Sold Prices£288K - £565K
Sold Prices/m²£3.2K/m² - £10.8K/m²

 

 

Square Metres

~93 m²
Price/m²£3.8K/m²

Value Estimate

£357,000

 

 

End Value (After Refurb)

£422,038

Uplift in Value

+21%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£87,500

Stamp Duty & Legal Fees

£16,700

Refurb Costs

£45,279

Bridging Loan Interest

£9,188

Total Cash In

£160,416

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£422,038

Mortgage (After Refinance)

£316,529

Mortgage LTV

75%

Cash Released

£54,029

Cash Left In

£106,388

Equity

£105,510

Rent Range

£1,250 - £2,350

Rent Estimate

£1,699

Running Costs/mo

£1,679

Cashflow/mo

£20

Cashflow/yr

£244

ROI

0%

Gross Yield

6%

Local Sold Prices

50 sold prices from £288K to £565K, average is £377.5K. £3.2K/m² to £10.8K/m², average is £4.3K/m².

PriceDateDistanceAddressBeds 
£320K12/230.03 mi36, Harridge Road, Leigh-on-sea, Southend-on-sea SS9 4HA3
£300K01/240.03 mi16, Harridge Road, Leigh-on-sea, Southend-on-sea SS9 4HA3
£340K06/210.03 mi19, Harridge Road, Leigh-on-sea, Southend-on-sea SS9 4HA3
£417.5K01/230.06 mi140, Blenheim Chase, Leigh-on-sea, Southend-on-sea SS9 3HH3
£330K01/240.09 mi28, Merryfield Approach, Leigh-on-sea, Southend-on-sea SS9 4HJ3
£355K09/230.09 mi2, Merryfield Approach, Leigh-on-sea, Southend-on-sea SS9 4HJ3
£432K02/230.12 mi22, Picketts Avenue, Leigh-on-sea, Southend-on-sea SS9 4HF3
£360K08/230.12 mi170, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JQ3
£365K01/210.2 mi72, Blenheim Chase, Leigh-on-sea, Southend-on-sea SS9 3BH3
£390K04/210.22 mi57, Picketts Avenue, Leigh-on-sea, Southend-on-sea SS9 4HW3
£421K03/210.22 mi126, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DP3
£455K01/240.22 mi108, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DP3
£345K12/230.23 mi32, Avondale Drive, Leigh-on-sea, Southend-on-sea SS9 4HN3
£430K12/230.24 mi101, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DS3
£315K02/210.27 mi8, Hawthorns, Leigh-on-sea, Southend-on-sea SS9 4JT3
£360K01/210.27 mi87, Woodleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 4JA3
£411K06/230.27 mi81, Woodleigh Avenue, Leigh-on-sea, Southend-on-sea SS9 4JA3
£354K01/210.28 mi96, Rayleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JE3
£320K09/210.28 mi32, Rayleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JE3
£326.5K01/230.28 mi85, Rayleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JF3
£355K11/230.3 mi24, Thornhill, Leigh-on-sea, Southend-on-sea SS9 4JS3
£565K09/210.31 mi102, Kingswood Chase, Leigh-on-sea, Southend-on-sea SS9 3BG3
£430K12/220.33 mi83, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3EZ3
£305.5K01/210.33 mi71, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3EZ3
£325K10/230.33 mi311, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JP3
£309K12/230.34 mi9, Croft Close, Leigh-on-sea, Southend-on-sea SS9 4NX3
£337K09/210.36 mi89, Rayleigh Drive, Leigh-on-sea, Southend-on-sea SS9 4JF3
£288K04/210.38 mi41, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HP3
£360K05/230.38 mi47, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HP3
£320K06/210.38 mi39, Sandhurst Crescent, Leigh-on-sea, Southend-on-sea SS9 4AL3
£466K05/230.38 mi3, Sandhurst Crescent, Leigh-on-sea, Southend-on-sea SS9 4AL3
£450K02/210.38 mi37, Olivia Drive, Leigh-on-sea, Southend-on-sea SS9 3EF3
£293K12/200.39 mi144, Eastwood Road North, Leigh-on-sea, Southend-on-sea SS9 4LZ3
£430K10/210.39 mi1, Cheltenham Drive, Leigh-on-sea, Southend-on-sea SS9 3EQ3
£425K03/210.4 mi153, Station Road, Leigh-on-sea, Southend-on-sea SS9 3BN3
£525K12/200.4 mi22, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EB3
£485K05/230.4 mi64, Cheltenham Drive, Leigh-on-sea, Southend-on-sea SS9 3EH3
£396K05/230.41 mi28, Kathleen Drive, Leigh-on-sea, Southend-on-sea SS9 3EN3
£360K03/230.41 mi32, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£310.5K01/210.41 mi66, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£395K12/230.41 mi138a, Flemming Avenue, Leigh-on-sea, Southend-on-sea SS9 3AX3
£530K03/230.41 mi23, Cricketfield Grove, Leigh-on-sea, Southend-on-sea SS9 3EJ3
£310K03/210.41 mi70, Manchester Drive, Leigh-on-sea, Southend-on-sea SS9 3HR3
£485K10/230.42 mi67, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AR3
£447K11/200.42 mi143, Station Road, Leigh-on-sea, Southend-on-sea SS9 3BN3
£550K06/230.44 mi27, St Clements Avenue, Leigh-on-sea, Southend-on-sea SS9 3BL3
£420K03/210.44 mi54, St Clements Avenue, Leigh-on-sea, Southend-on-sea SS9 3BL3
£500K11/210.44 mi103, Flemming Avenue, Leigh-on-sea, Southend-on-sea SS9 3AU3
£405K03/210.45 mi61, Glenbervie Drive, Leigh-on-sea, Southend-on-sea SS9 3JT3
£415K02/230.46 mi143, Danescroft Drive, Leigh-on-sea, Southend-on-sea SS9 4NQ3

Local Rents

42 rents from £1.3K/mo to £2.4K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,70009/240.31 miMountdale Gardens, Leigh-on-sea, SS93
£1,70001/250.35 mi-3
£1,59509/240.44 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,85009/240.46 miStation Road, Leigh-on-Sea, SS93
£1,50009/240.5 miLeigh on Sea3
£1,49509/240.51 miLeighwood Avenue, Leigh-on-Sea3
£1,89509/240.52 miRecreation Avenue, Leigh-On-Sea3
£1,50009/240.53 miGrange Park Drive, Leigh on sea, Leigh on sea, 3
£1,60009/240.61 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,79509/240.63 miBridgwater Drive, Westcliff On Sea3
£1,75009/240.66 mi-3
£1,85012/240.68 mi-3
£1,55009/240.7 miArterial Road, Leigh on Sea3
£2,20009/240.7 mi-3
£2,25004/250.7 mi-3
£1,35009/240.73 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,90009/240.73 miPrince Avenue, Westcliff-on-Sea3
£1,39509/240.74 miBrookfields, Leigh-On-Sea3
£1,60009/240.76 miWellstead Gardens, Westcliff on Sea3
£1,80008/240.77 mi-3
£1,50009/240.85 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£2,20011/240.87 mi-3
£1,25009/240.88 miRectory Grove, Leigh-On-Sea3
£1,80009/240.88 miEast Street, Leigh-On-Sea3
£1,45004/250.88 mi-3
£2,25009/240.9 miPrittlewell Chase, Westcliff On Sea3
£1,90010/240.94 mi-3
£1,95007/240.95 mi-3
£2,35009/240.96 mi-3
£1,60009/240.99 miThe Fairway, Leigh-on-sea, SS93
£1,35009/241 miWestbourne Grove, Westcliff-On-Sea3
£1,59507/241.05 mi-3
£1,65001/251.1 mi-3
£2,08010/241.11 mi-3
£1,82509/241.13 miWestern Road, Leigh On Sea3
£1,50009/241.13 miHildaville Drive, Westcliff-On-Sea3
£1,50009/241.14 miCarlingford Drive, Westcliff-on-Sea3
£1,35011/231.17 mi-3
£1,60009/241.17 mi-3
£1,70005/241.17 mi-3
£1,47509/241.21 miAshcombe Close, Leigh-on-Sea3
£1,50009/241.24 mi-3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.40 miles away

Nearest school

0.20 miles away

Nearest train station

1.22 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £350,000

February 13, 2025

Floor Plans

Description

  • SEMI-DETACHED HOUSE +
  • THREE DOUBLE BEDROOMS +
  • TWO RECEPTION ROOMS +
  • GENEROUS SOUTH FACING REAR GARDEN +
  • OFF ROAD PARKING FOR MULTIPLE CARS +
  • STYLISH WET ROOM STYLE BATHROOM +
  • QUIET CUL-DE-SAC LOCATION +
  • IN NEED OF MODERNISATION +

Hair & Son are pleased to market this three bedroom semi detached home situated in a quiet and lovely cul-de-sac location, the property requires some modernisation throughout but has plenty of potential to make a great family home.

The house provides plenty of space to the rear and side with a generous rear garden, this could allow for a possibility to extend subject to all the necessary consents.

The internal accommodation boasts two reception rooms including a living room and dining space equipped with a sliding patio and French doors that provide access to the garden. A fitted kitchen is also found on the ground floor. Upstairs you have two double bedrooms and a further single bedroom as well a newly fitted wet room styled bathroom.

Externally the property also features two outbuildings, one of which is equipped with power making a great potential home office space.

Located within easy reach of the A127, Blenheim Park, Southend Hospital as well as the highly regarded secondary schools in the area. 

HALLWAY 11' 1" x 5' 8" (3.38m x 1.73m)  

LOUNGE 12' 9" x 12' 8" (3.89m x 3.86m)  

KITCHEN 10' 6" x 9' 4" (3.2m x 2.84m)  

DINING ROOM 10' 2" x 9' 2" (3.1m x 2.79m)  

BEDROOM ONE 11' 4" x 10' 8" (3.45m x 3.25m)  

BEDROOM TWO 10' 5" x 9' 10" (3.18m x 3m)  

BEDROOM THREE 8' 6" x 8' 4" (2.59m x 2.54m)  

BATHROOM 8' 0" x 6' 1" (2.44m x 1.85m)  

THIS PROPERTY SALE IS SUBJECT TO THE GRANT OF PROBATE.  

These particulars are accurate to the best of our knowledge but do not constitute an offer or contract. Photos are for representation only and do not imply the inclusion of fixtures and fittings. The floor plans are not to scale and only provide an indication of the layout.

Agent Details

Hair & Son, Southend-On-Sea

01702 967787

Next Steps?

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