4 Bed Semi-Detached House, Refurb/BRRR, Leigh-on-Sea, SS9 3EG, £475,000

Olivia Drive, Leigh-On-Sea, SS9 3EG - 2 views - a month ago

Sold STC
Refurb/BRRR
~129 m²
+9 photos

ValuationFair Value

Sold Prices£390K - £750K
Sold Prices/m²£3.5K/m² - £7.6K/m²

 

 

Square Metres

~129.26 m²
Price/m²£3.7K/m²

Value Estimate

£475,000

 

 

End Value (After Refurb)

£641,184

Uplift in Value

+35%

Investment Opportunity

Cash In

 

Purchase Finance

Bridging Loan

Deposit (25%)

£118,750

Stamp Duty & Legal Fees

£38,700

Refurb Costs

£62,931

Bridging Loan Interest

£12,469

Total Cash In

£234,600

 

 

Cash Out

 

Monetisation

FlipRefinance & Rent

Estimated Sale Price

£641,184

Agent Fees (1%)

£6,412

Bridging Loan

£356,250

Bridging Loan Interest

£12,469

Flip Profit

£43,922

Local Sold Prices

52 sold prices from £390K to £750K, average is £560K. £3.5K/m² to £7.6K/m², average is £4.7K/m².

PriceDateDistanceAddressBeds 
£525K11/200.09 mi24, Olivia Drive, Leigh-on-sea, Southend-on-sea SS9 3EG4
£625K12/230.09 mi36, Scarborough Drive, Leigh-on-sea, Southend-on-sea SS9 3EE4
£587K11/210.1 mi21, Scarborough Drive, Leigh-on-sea, Southend-on-sea SS9 3ED4
£500K02/210.12 mi157, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RT4
£685K09/230.12 mi128, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PY4
£580K05/210.12 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4
£750K03/230.13 mi35, Madeira Avenue, Leigh-on-sea, Southend-on-sea SS9 3EA4
£560K08/230.16 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£560K08/230.16 mi39, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£490K11/200.16 mi50, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£712K09/230.18 mi66, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PU4
£487.5K01/210.2 mi28, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ4
£560K03/230.2 mi24a, Chalkwell Park Drive, Leigh-on-sea, Southend-on-sea SS9 1NJ4
£515K08/210.21 mi60, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DT4
£592.5K06/210.22 mi33, Marguerite Drive, Leigh-on-sea, Southend-on-sea SS9 1NN4
£400K03/210.22 mi111, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ4
£490K08/210.22 mi111, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1PZ4
£550K08/210.22 mi94, Leigh Hall Road, Leigh-on-sea, Southend-on-sea SS9 1QZ4
£725K02/230.23 mi205, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SB4
£420K01/210.24 mi42, Glenbervie Drive, Leigh-on-sea, Southend-on-sea SS9 3JT4
£650K04/240.26 mi56, Station Road, Leigh-on-sea, Southend-on-sea SS9 1SU4
£688.5K06/210.27 mi16, Grasmead Avenue, Leigh-on-sea, Southend-on-sea SS9 3LA4
£660K06/210.29 mi177, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RE4
£650K12/220.3 mi223, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RD4
£580K05/210.3 mi51, Birchwood Drive, Leigh-on-sea, Southend-on-sea SS9 3LD4
£510K04/210.31 mi32, St Clements Avenue, Leigh-on-sea, Southend-on-sea SS9 3BL4
£525K12/230.31 mi1132, London Road, Leigh-on-sea, Southend-on-sea SS9 2AJ4
£565K03/230.31 mi121, Blenheim Crescent, Leigh-on-sea, Southend-on-sea SS9 3DX4
£580K02/210.32 mi170, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RB4
£555K06/210.32 mi10, Glenbervie Drive, Leigh-on-sea, Southend-on-sea SS9 3JU4
£500K12/200.32 mi76, Lymington Avenue, Leigh-on-sea, Southend-on-sea SS9 2AN4
£710K03/230.33 mi71, Dundonald Drive, Leigh-on-sea, Southend-on-sea SS9 1NA4
£640K11/210.34 mi20, Dundonald Drive, Leigh-on-sea, Southend-on-sea SS9 1NB4
£450K04/210.34 mi49, Dundonald Drive, Leigh-on-sea, Southend-on-sea SS9 1NA4
£480K02/210.34 mi21, Lord Roberts Avenue, Leigh-on-sea, Southend-on-sea SS9 1ND4
£512.5K02/210.34 mi44, Oakleigh Park Drive, Leigh-on-sea, Southend-on-sea SS9 1RP4
£550K03/230.34 mi5, Leigham Court Drive, Leigh-on-sea, Southend-on-sea SS9 1PS4
£740K09/210.34 mi112, Elm Road, Leigh-on-sea, Southend-on-sea SS9 1SQ4
£420K06/210.35 mi94, Randolph Close, Leigh-on-sea, Southend-on-sea SS9 4HU4
£425K06/210.35 mi117, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DS4
£515K12/230.35 mi113, Elmsleigh Drive, Leigh-on-sea, Southend-on-sea SS9 3DS4
£390K06/210.36 mi11, Darlinghurst Grove, Leigh-on-sea, Southend-on-sea SS9 3LG4
£490K02/210.36 mi53, Woodfield Park Drive, Leigh-on-sea, Southend-on-sea SS9 1LN4
£424K01/230.37 mi150, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BJ4
£620K07/230.37 mi17, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB4
£620K07/230.37 mi17, Leighton Avenue, Leigh-on-sea, Southend-on-sea SS9 1QB4
£550K04/210.37 mi22, Pall Mall, Leigh-on-sea, Southend-on-sea SS9 1RH4
£712.5K01/230.38 mi119, Bonchurch Avenue, Leigh-on-sea, Southend-on-sea SS9 3AS4
£625K04/240.39 mi149, Southsea Avenue, Leigh-on-sea, Southend-on-sea SS9 2BH4
£560K11/220.43 mi25, Tankerville Drive, Leigh-on-sea, Southend-on-sea SS9 3DE4
£575K09/230.43 mi17, Alexandra Road, Leigh-on-sea, Southend-on-sea SS9 1QD4
£540K09/230.43 mi3, Ensign Close, Leigh-on-sea, Southend-on-sea SS9 1FG4

Local Rents

21 rents from £1.3K/mo to £3K/mo, average is £1.9K/mo.

RentDateDistanceAddressBeds 
£1,59509/240.08 miMadeira Avenue, Leigh-on-Sea, Essex, SS93
£1,50009/240.1 miLeigh on Sea3
£1,60009/240.17 miQueens Avenue, Leigh on sea, Leigh on sea, 3
£1,89509/240.19 miRecreation Avenue, Leigh-On-Sea3
£1,85012/240.21 mi-3
£1,50009/240.23 miGrange Park Drive, Leigh on sea, Leigh on sea, 3
£1,85009/240.26 miStation Road, Leigh-on-Sea, SS93
£1,75009/240.31 mi-3
£2,20009/240.33 mi-3
£2,25004/250.33 mi-3
£2,35009/240.35 miCanonsleigh Crescent, Leigh-On-Sea4
£2,85009/240.4 miAlexandra Road, Leigh-On-Sea4
£1,80009/240.44 miEast Street, Leigh-On-Sea3
£1,50009/240.46 miLansdowne Avenue, Leigh-on-Sea, Essex, SS93
£1,35009/240.49 miMarine Avenue, Leigh on sea, Leigh on sea, 3
£1,25009/240.49 miRectory Grove, Leigh-On-Sea3
£1,45004/250.49 mi-3
£2,95009/240.49 miSomerville Gardens, Leigh-On-Sea, SS94
£2,95009/240.49 mi-4
£2,35009/240.51 mi-3
£2,20009/240.53 miSeaview Road, Leigh-On-Sea, Essex, SS94

Local Area Statistics

Population in SS9

49,984

Town centre distance

0.61 miles away

Nearest school

0.30 miles away

Nearest train station

0.79 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+24%

Property History

Listed for £475,000

March 24, 2025

Floor Plans

Description

  • Semi Detached House +
  • Two Reception Rooms +
  • Four Double Bedrooms +
  • Off Road Parking +
  • Well Maintained Landscaped Garden +
  • Great Location +
  • Close to Local Shops, Amenities & Transport Links +

This family home is set in a great location with all that you need nearby. In need of some modernisation the property gives you the chance to add your own style and turn it in to your ideal home. The rooms are well proportioned with two reception rooms and four double bedrooms set across two floors you have plenty of options to use the space on offer in a way that suits your family and lifestyle. There is also a kitchen plus shower room and separate w.c on the ground floor. Outside the landscaped garden is well maintained with mature plants and a summer house, which is ideal for enjoying the summer sun. The property further benefits from off road for added convenience. Situated with local shops, bars and restaurants in close proximity, along with transport links, schools and amenities. Don't miss out on your chance to add your own stamp and create your dream home. Call the team today to arrange your viewing.

Agent Details

haart, covering Leigh-on-Sea

01702 967705

Next Steps?

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