2-bedroom terraced house · SS3 9NY
Listing removedListed 345 days
Opportunity summary
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About
FOR SALE BY PUBLIC AUCTION ON WEDNESDAY, 3RD DECEMBER 2025 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE REFURBISHMENT OPPORTUNITY: A VACANT TWO BEDROOM MID TERRACE HOUSE WITH GARDEN IN NEED OF MODERNISATION IDEAL FOR AN OWNER OCCUPIER OR BUY TO LET A two bedroom mid terrace property with garden requiring refurbishment throughout.
The property has a garage and is located close to the Asda superstore and local shops and transport links.
The accommodation comprises, on the ground floor, a living area, kitchen, conservatory and first floor, 2 bedrooms and bathroom/wc.
Lounge/diner 16'5 into recess x 12'4 Kitchen 12'3 x 7'11 Conservatory 9'10 x 9'2 First floor landing Bedroom One 10'4 to wardrobe x 8'1 Bedroom Two 9'10 x 9'6 Bathroom Garden aprrox 30' Garage We have been advised by a local agent that once all works and refurbishment have been carried out at the property it could achieve around £260,000 on the open market but interested parties are advised to make their own enquiries.
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Value & comps
No previous sales on record.
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Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 3 The Drakes, Shoeburyness, Southend-on-Sea, Essex, SS3 9NY
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