5-bedroom terraced house · SS1 2SN
Sold STCListed 180 days
Opportunity summary
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About
**FOR SALE BY PUBLIC AUCTION ON THURSDAY 14TH MAY 2026 AT 3.00PM** **FEES APPLY** This Freehold building is currently arranged as two self-contained flats.
Both are currently let and producing a total rental income of £2,105pcm (£25,260pa).
Located within easy access of Southend High Street and Seafront the property benefits from off-road parking and a private rear garden split between the two flats.
This Freehold building is currently arranged as two self-contained flats. Both are currently let and producing a total rental income of £2,105pcm (£25,260pa).
Located within easy access of Southend High Street and Seafront the property benefits from off-road parking and a private rear garden split between the two flats.
Accommodation: - Ground Floor: - Lounge - 3.66m x 3.38m - Kitchen - 3.12m x 2.06m - Bedroom One - 4.57m x 3.12m - Bedroom Two - 3.58m x 3.43m - Bathroom / W.C.
- Externally - Off-Road Parking and Garden First Floor: - Lounge - 4.67m x 3.68m - Kitchen - 3.2m x 2.64m - Bedroom One - 3.71m x 3.12m - Bedroom Two.
- 3.58m x 3.43m - Bedroom Three - 3.35m x 1.57m - Bathroom / W.C..
- Externally: - Off-Road Parking and Garden Tenure - Freehold Tenancy - We understand that both flats are currently let under Assured Shorthold Tenancy agreements.
Energy Performance Rating - 23 - C 23A - D Rent Reserved - We are informed that the ground floor flat is currently let at a rent of £1,030pcm and that the first floor flat is currently let at a rent of £1,075pcm.
Agents Note - Please note that there is an existing lease in place for the ground floor flat as follows: 99 years from the 19th January 1987 Nb: - The property is subject to a Selective Licensing Scheme run by Southend-on-Sea City Council.
Please visit their website or call them on for further details. Viewing - Strictly by appointment with the Auctioneers.
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
Agent & docs
FAQ
About Leamington Road, Southend-on-Sea
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