3 Bed Terraced House, Single Let, Leigh-on-Sea, SS9 2QP, £250,000

Leigh Heath Court, London Road, Leigh On Sea, SS9 2QP - 1 views - 2 months ago

Leasehold
BTL
ROI: 4%
~93 m²
+19 photos

ValuationUndervalued

Sold Prices£300K - £765K
Sold Prices/m²£3.8K/m² - £11.7K/m²

 

 

Square Metres

~93 m²
Price/m²£2.7K/m²

Value Estimate

£312,500
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£62,500

Stamp Duty & Legal Fees

£13,700

Total Cash In

£76,200

 

 

Cash Out

 

Rent Range

£1,250 - £2,250

Rent Estimate

£1,313

Running Costs/mo

£1,064

Cashflow/mo

£249

Cashflow/yr

£2,990

ROI

4%

Gross Yield

6%

Local Sold Prices

53 sold prices from £300K to £765K, average is £515K. £3.8K/m² to £11.7K/m², average is £5.2K/m².

PriceDateDistanceAddressBeds 
£570K07/230.12 mi86, Olive Avenue, Leigh-on-sea, Southend-on-sea SS9 3QE3
£475K12/230.15 mi3, Hamilton Close, Leigh-on-sea, Southend-on-sea SS9 3RN3
£610K11/220.15 mi9, Hamilton Close, Leigh-on-sea, Essex SS9 3RN3
£590K02/210.16 mi14, Sutherland Boulevard, Leigh-on-sea, Southend-on-sea SS9 3PS3
£640K01/210.16 mi53, Tattersall Gardens, Leigh-on-sea, Southend-on-sea SS9 2QS3
£671K05/210.16 mi69, Tattersall Gardens, Leigh-on-sea, Southend-on-sea SS9 2QS3
£645K12/200.16 mi19, Thames Drive, Leigh-on-sea, Southend-on-sea SS9 2XQ3
£500K11/200.18 mi60, Thames Drive, Leigh-on-sea, Southend-on-sea SS9 2XD3
£490K12/200.19 mi27, Darenth Road, Leigh-on-sea, Southend-on-sea SS9 2UU3
£535K10/210.19 mi25, Darenth Road, Leigh-on-sea, Southend-on-sea SS9 2UU3
£590K11/200.2 mi9, Tennyson Close, Leigh-on-sea, Southend-on-sea SS9 3QG3
£640K09/230.22 mi22, Henry Drive, Leigh-on-sea, Southend-on-sea SS9 3QQ3
£300K03/210.22 mi10, Alma Close, Benfleet, Essex SS7 2EG3
£375K02/240.22 mi9, Alma Close, Benfleet, Essex SS7 2EG3
£375K02/240.22 mi9, Alma Close, Benfleet, Essex SS7 2EG3
£625K02/240.23 mi6, Aberdeen Gardens, Leigh-on-sea, Southend-on-sea SS9 3RH3
£402.5K03/210.24 mi17, Heather Drive, Benfleet, Essex SS7 2EL3
£402.5K03/210.24 mi17, Heather Drive, Benfleet, Essex SS7 2EL3
£585K11/230.24 mi11, Stirling Avenue, Leigh-on-sea, Southend-on-sea SS9 3PP3
£520K01/230.25 mi659, London Road, Hadleigh, Benfleet, Essex SS7 2EE3
£500K02/210.26 mi176, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QU3
£715K12/200.27 mi7, Ormonde Gardens, Leigh-on-sea, Southend-on-sea SS9 3RG3
£575K08/230.27 mi26, Ormonde Gardens, Leigh-on-sea, Essex SS9 3RG3
£765K08/230.27 mi107, Tattersall Gardens, Leigh-on-sea, Southend-on-sea SS9 2QZ3
£480K01/210.3 mi105, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3TH3
£600K04/210.3 mi20, St Davids Drive, Leigh-on-sea, Southend-on-sea SS9 3RF3
£515K02/240.3 mi6, Ormonde Avenue, Hadleigh, Benfleet, Essex SS7 2EN3
£411K02/240.32 mi25, Crescent Road, Leigh-on-sea, Southend-on-sea SS9 2PF3
£567K04/210.33 mi35, St Davids Drive, Leigh-on-sea, Southend-on-sea SS9 3RE3
£535K11/210.33 mi53, St Davids Drive, Leigh-on-sea, Southend-on-sea SS9 3RE3
£541.2K03/210.34 mi56, St Davids Drive, Leigh-on-sea, Southend-on-sea SS9 3RF3
£350K02/210.34 mi84, Adalia Crescent, Leigh-on-sea, Southend-on-sea SS9 3SU3
£355K02/210.35 mi62, Woodfield Road, Benfleet, Essex SS7 2EH3
£362.5K03/210.36 mi162, Church Road, Hadleigh, Benfleet, Essex SS7 2EJ3
£455K01/230.37 mi26, Vardon Drive, Leigh-on-sea, Southend-on-sea SS9 3SR3
£525K06/230.38 mi18, Ewan Way, Leigh-on-sea, Essex SS9 3RA3
£525K06/230.38 mi18, Ewan Way, Leigh-on-sea, Essex SS9 3RA3
£550K03/230.38 mi9, Hazel Close, Benfleet, Essex SS7 2EP3
£460K12/200.38 mi12, Sydney Road, Leigh-on-sea, Southend-on-sea SS9 3PL3
£440K06/210.39 mi36, Montague Avenue, Leigh-on-sea, Southend-on-sea SS9 3SL3
£480K10/230.39 mi38, Montague Avenue, Leigh-on-sea, Southend-on-sea SS9 3SL3
£460K07/220.39 mi6, Estate Road, Benfleet, Essex SS7 2EW3
£510K07/230.41 mi49, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3TQ3
£510K07/230.41 mi49, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3TQ3
£525K12/200.42 mi7, Buxton Avenue, Leigh-on-sea, Southend-on-sea SS9 3UE3
£475K10/210.42 mi260, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QZ3
£690K12/220.42 mi266, Highlands Boulevard, Leigh-on-sea, Southend-on-sea SS9 3QZ3
£361K02/210.43 mi44, The Crescent, Benfleet, Essex SS7 2HF3
£475K11/200.43 mi29, Edinburgh Avenue, Leigh-on-sea, Southend-on-sea SS9 3SF3
£450K03/210.45 mi27, Broughton Road, Benfleet, Essex SS7 2HD3
£420K02/240.45 mi14, Leigh Gardens, Leigh-on-sea, Southend-on-sea SS9 2PX3
£530K04/230.46 mi22, Dundee Avenue, Leigh-on-sea, Southend-on-sea SS9 3SA3
£590K05/240.46 mi23, Dundee Avenue, Leigh-on-sea, Southend-on-sea SS9 3SA3

Local Rents

16 rents from £1.3K/mo to £2.3K/mo, average is £1.6K/mo.

RentDateDistanceAddressBeds 
£1,25008/230.12 mi-3
£2,25004/240.24 mi-3
£1,60009/240.31 mi-3
£1,70005/240.31 mi-3
£1,82509/240.42 miWestern Road, Leigh On Sea3
£2,20011/240.54 mi-3
£1,35009/240.92 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,35006/230.94 mi-3
£1,35006/230.94 mi-3
£1,70009/240.96 miNew Road, Benfleet3
£1,85009/241.12 miStation Road, Leigh-on-Sea, SS93
£1,25009/241.13 miRectory Grove, Leigh-On-Sea3
£1,45004/251.14 mi-3
£2,20009/241.15 mi-3
£2,25004/251.15 mi-3
£1,55009/241.17 miSpringfield, Benfleet3

Local Area Statistics

Population in SS9

49,984

Town centre distance

1 miles away

Nearest school

0.50 miles away

Nearest train station

0.74 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £250,000

March 1, 2025

Floor Plans

Description

  • Exceptionally spacious ground floor purpose built apartment. +
  • Sought after art deco development in convenient location. +
  • 3 double bedrooms, modern fitted kitchen. +
  • Spacious reception room, fitted kitchen. +
  • Access to south facing rear garden & communal roof terrace. +
  • Full UPVC double glazing, gas central heating. +
  • Walking distance of Leigh mainline railway station. +
  • Popular West Leigh Schools catchment area. +
  • Ideal first time purchase, downsizing option or buy to let investment. +
  • View now to avoid dissappointment. +

Scott & Stapleton are delighted to offer for sale this extremely spacious ground floor purpose built apartment situated within a sought after Art Deco development in a sought after location.

This super property has 3 double bedrooms, good size lounge, modern fitted kitchen & bathroom plus access to a south backing rear garden and fabulous communal roof terrace.

Located in a desirable location the apartment is in walking distance of Leigh mainline railway station, local shops & parks and all other amenities whilst also being within the popular West Leigh Schools catchment area.

Offered with no onward chain this would be an ideal first time purchase, downsizing option or long term buy to let investment. An early internal inspection is strongly advised.

Accommodation Comprises. - Communal entrance door leading to communal entrance hall with stairs to all floors. Personal entrance door leading to entrance hall.

Entrance Hall - 7.52m x 0.84m increasing to 1.60m (24'8 x 2'9 incr - Laminate flooring, fitted storage cupboards, radiator. Panelled doors to all rooms.

Lounge - 4.34m x 3.91m (14'3 x 12'10) - UPVC double glazed window to rear, UPVC double glazed door to rear on to garden. Laminate flooring, picture rail, radiator.

Kitchen - 2.82m x 2.06m (9'3 x 6'9) - UPVC double glazed window to rear. Range of base & eye level units with matching drawer pack, integrated electric oven, separate gas hob & extractor fan. Spaces for washing machine & fridge. Roll edge worktops with inset stainless steel one an d a quarter bowl sink unit with matching drainer & mixer tap, half tiled walls, radiator.

Bedroom 1 - 4.47m x 3.51m (14'8 x 11'6) - UPVC double glazed bay window to front. Stripped wood flooring, fitted cupboards & wardrobes, picture rail, radiator.

Bedroom 2 - 3.94m x 3.15m (12'11 x 10'4) - UPVC double glazed bay window to front. Radiator.

Bedroom 3/Dining Room - 3.45m x 2.74m (11'4 x 9') - UPVC double glazed window to rear. Laminate flooring, picture rail, radiator. Internal doors to lounge.

Bathroom - 3.07m x 1.96m (10'1 x 6'5) - Obscure UPVC double glazed window to front. White suite comprising of panelled bath with shower over & glass screen, low level WC & pedestal wash hand basin. Part tiled walls, radiator, extractor fan.

Garden - Direct access to south facing garden with mature shrubs & lawn.

Roof Garden - Communal roof terrace with far reaching views over the Marine Estate towards the Thames estuary.

Lease Details - The vendor informs us of the following:

Original lease term : 199 years from 25 March 1975
Therefore = 149 Years remaining
Service charge: approx £771 every 6 months
Buildings Insurance: approx £1121 per annum
Ground Rent: £10 per annum

Agent Details

Scott & Stapleton, Leigh-on-Sea

01702 471155

Next Steps?

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