2-bedroom house · SS9 5PD
Sold STCReduced £10k (−2.9%) on 22 MayListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £340,000 - £350,000. This two bedroom bungalow which has been recently refurbished to a very good standard and being sold with no onward chain is located in a quiet and serene road.
The property has a new bathroom and kitchen which are less than a year old, newly laid carpets throughout, a boiler which is three years old and been serviced every year and double glazed windows throughout which are six years old making it perfect for those who are looking to move straight in and enjoy their new home.
The property also benefits from off street parking to the front for one car but the front lawn could easily be converted into additional parking if need be.
There is a good sized low maintenance rear garden with a shed to remain and wide side access making it a blank canvas for keen gardeners or perfect for those that don't want too much upkeep.
Tenure - Freehold Council Tax Band - C Measurements Lounge – 20’6” x 10’ increasing to 11’9” Kitchen – 8’3” x 10’7” Bedroom One – 11’4” x 12’7” Bedroom Two – 9’2” x 9’4” Bathroom – 6’4” x 6’6” Internal Upon entering the property you will find the the property has been fully refurbished with brand new carpets, and a kitchen and bathroom which are a year old.
The master bedroom is located to the front of the property and benefits from the South facing sun, the large lounge which has a feature fireplace and overlooks the front and rear garden allowing for natural light all day long.
The second bedroom can also be used as a multi function space, ideal for a home office, nursery or a dressing room.
The kitchen which is located to the rear of the property and has direct access to the rear garden and the property is completed by the three piece bathroom which has a shower attached over the bath.
External To the front of the property you will find off street parking for one car but there's the potential to create parking for up to three cars if the lawn was converted to block paving.
There is a large side access which goes through to the low maintenance rear garden which benefits from a seating patio area and shed to remain.
Location The property is located in a serene and tranquil location but is also allows easy access to the A127 and Rayleigh Road which offers an array of shops, cafes and restaurants.
School Catchment The school catchments for the property are Eastwood Primary School and Nursery & The Eastwood Academy
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
0.0% below asking
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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
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FAQ
About Chesterfield Crescent, Leigh-on-sea, SS9
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