3 Bed Terraced House, Refurb/BRRR, Leigh-on-Sea, SS9 1RJ, £425,000

Canonsleigh Crescent, Leigh-On-Sea, SS9 1RJ - 3 views - 2 months ago

Refurb/BRRR
~93 m²
+10 photos

ValuationOvervalued

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

 

 

Square Metres

~93 m²
Price/m²£4.6K/m²

Value Estimate

£399,500

 

 

End Value (After Refurb)

£432,808

Uplift in Value

+2%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£106,250

Stamp Duty & Legal Fees

£22,700

Refurb Costs

£45,279

Bridging Loan Interest

£11,156

Total Cash In

£187,135

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Revaluation

£432,808

Mortgage (After Refinance)

£324,606

Mortgage LTV

75%

Cash Released

£5,856

Cash Left In

£181,279

Equity

£108,202

Rent Range

£1,250 - £2,350

Rent Estimate

£1,714

Running Costs/mo

£1,715

Cashflow/mo

£-1

Cashflow/yr

£-16

Gross Yield

5%

Local Sold Prices

52 sold prices from £250K to £761K, average is £494.8K. £2.6K/m² to £7.9K/m², average is £4.9K/m².

PriceDateDistanceAddressBeds 
£382.5K05/210.02 mi8, Canonsleigh Crescent, Leigh-on-sea, Southend-on-sea SS9 1RJ3
£570K06/230.02 mi14, Canonsleigh Crescent, Leigh-on-sea, Southend-on-sea SS9 1RJ3
£472.5K08/230.03 mi80, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RG3
£480K03/210.05 mi73, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RQ3
£515K11/230.05 mi13, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1RL3
£520K08/230.08 mi28, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RH3
£514.3K12/200.08 mi19, East Street, Leigh-on-sea, Southend-on-sea SS9 1QF3
£424K06/210.1 mi41, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RP3
£607K06/230.12 mi24, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QX3
£605K12/200.12 mi34, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£535K04/210.12 mi29, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£637K04/240.12 mi34, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB3
£405K06/210.13 mi125c, Kingswood Chase, Leigh-on-sea, Southend-on-sea SS9 3BE3
£476.6K03/210.17 mi125, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ3
£250K11/200.17 mi15, Ashleigh Drive, Leigh-on-sea, Southend-on-sea SS9 1AD3
£695K03/230.18 mi16, Seaview Road, Leigh-on-sea, Southend-on-sea SS9 1AT3
£761K09/230.18 mi24, Seaview Road, Leigh-on-sea, Southend-on-sea SS9 1AT3
£499.5K12/200.18 mi15, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£523.3K10/230.18 mi12, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS3
£385K03/240.18 mi56, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QA3
£660K03/230.2 mi7, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AU3
£530K10/230.21 mi5, Queens Road, Leigh-on-sea, Southend-on-sea SS9 1AZ3
£550K04/240.21 mi6, Cliff Parade, Leigh-on-sea, Southend-on-sea SS9 1AS3
£400K11/200.21 mi6, Cliff Parade, Leigh-on-sea, Southend-on-sea SS9 1AS3
£540K03/210.23 mi49, Maple Avenue, Leigh-on-sea, Southend-on-sea SS9 1PR3
£425K03/210.24 mi159, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£467.5K12/200.24 mi149, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£405K05/210.24 mi141, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT3
£450K07/230.25 mi36, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£450K07/230.25 mi36, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£532.5K10/230.25 mi41, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2AX3
£460K03/230.25 mi173, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£550K11/230.25 mi169, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PX3
£480K04/210.26 mi140, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RU3
£510K07/230.26 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£510K07/230.26 mi62, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£405K01/210.26 mi108, Dawlish Drive, Leigh-on-sea, Southend-on-sea SS9 1QS3
£427.5K05/230.27 mi117, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£535K09/230.27 mi103, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NH3
£500K05/210.28 mi36, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU3
£575K06/210.28 mi140, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AN3
£450K12/200.32 mi63, Leighville Grove, Leigh-on-sea, Southend-on-sea SS9 2HU3
£415K01/230.32 mi37, Leighville Grove, Leigh-on-sea, Southend-on-sea SS9 2HU3
£505K09/210.32 mi72, Marguerite Drive, Leigh-on-sea, Southend-on-sea SS9 1NW3
£440K09/230.32 mi74, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2AY3
£575K09/210.32 mi110, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BJ3
£475K09/210.32 mi72, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ3
£490K12/200.34 mi68, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£425K09/210.34 mi24, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£450K03/240.34 mi92, Cliffsea Grove, Leigh-on-sea, Southend-on-sea SS9 1NQ3
£450K09/210.34 mi75, Glendale Gardens, Leigh-on-sea, Southend-on-sea SS9 2BG3
£520K03/210.34 mi147, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BH3

Local Rents

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

RentDateDistanceAddressBeds 
£1,80009/240.08 miEast Street, Leigh-On-Sea3
£2,35009/240.16 mi-3
£2,20009/240.19 mi-3
£2,25004/250.19 mi-3
£1,60009/240.2 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,45004/250.2 mi-3
£1,25009/240.21 miRectory Grove, Leigh-On-Sea3
£1,85012/240.23 mi-3
£1,50009/240.31 miLeigh on Sea3
£1,59509/240.37 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,85009/240.41 miStation Road, Leigh-on-Sea, SS93
£1,35009/240.41 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,89509/240.46 miRecreation Avenue, Leigh-On-Sea3
£1,50009/240.48 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£1,75009/240.48 mi-3
£1,50009/240.5 miGrange Park Drive, Leigh on sea, Leigh on sea, 3

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.82 miles away

Nearest school

0.10 miles away

Nearest train station

0.66 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £425,000

February 20, 2025

Floor Plans

Description

  • NO ONWARD CHAIN. +
  • A SOLID PERIOD HOUSE IN NEED OF RENOVATION. +
  • CHARACTER END TERRACED HOUSE. +
  • SHORT WALK FROM LEIGH BROADWAY. +
  • NORTH STREET CATCHMENT AREA. +
  • THREE BEDROOMS. +
  • SHORT WALK TO STATION AND OLD LEIGH. +
  • LOUNGE AND DINING AREA. +
  • KEYS HELD FOR VIEWINGS. +
  • KITCHEN. +

GUIDE PRICE £425,000 to £450,000
NO ONWARD CHAIN - A SOLID PERIOD HOUSE IN NEED OF RENOVATION IN THE HEART OF LEIGH, JUST A SHORT WALK FROM THE BROADWAY, STATION AND OLD LEIGH. LOCATED IN THE NORTH STREET CATCHMENT AREA AND OFFERING THE CHANCE TO CREATE A BESPOKE FAMILY HOME.

Lounge - 4.05 (into bay) x 3.41 (13'3" (into bay) x 11'2") -

Dining Area - 3.59 x 3.42 (11'9" x 11'2") -

Kitchen - 3.06 x 3.05 (10'0" x 10'0") -

Lean To - 4.20 x 3.05 (13'9" x 10'0") -

Wc - 1.02 x 0.97 (3'4" x 3'2") -

Workshop - 3.61 x 2.21 (11'10" x 7'3") -

Bedroom One - 4.50 x 4.03 (into bay) (14'9" x 13'2" (into bay)) -

Bedroom Two - 3.45 x 2.86 (11'3" x 9'4") -

Bedroom Three - 3.69 x 3.06 at furthest points (12'1" x 10'0" at f -

Ensuite - 1.85 x 1.38 (6'0" x 4'6") -

Agent Details

Turner Sales & Lettings, Leigh-on-Sea

01702 967763

Next Steps?

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