17 Leigh Heights, Hadleigh, Benfleet, Essex, SS7 2JN

Description

RESIDENTIAL INVESTMENT: A VACANT FREEHOLD TWO BEDROOM SEMI DETACHED BUNGALOW WITH GARAGE LOCATED CLOSE TO HADLEIGH TOWN CENTRE. A two bedroom semi detached bungalow with garage located within walking distance of Hadleigh High Street and its selection of shops, cafés and restaurants, while Leigh-on-Sea is also just a short drive away. Regular bus services are available from nearby London Road, and both Belfairs Woods and Hadleigh Nature Reserve are within easy reach. The bungalow requires some light refurbishment and is considered an ideal buy to let investment or for owner occupier.

Accommodation

Entrance; Lounge - 15'0 x 12'10; Kitchen - 11'3 x 8'10; Bedroom - 13'8 (into bay) x 11'11; Bedroom Two - 11'5 x 9'11; Bathroom; Separate WC; Detached Garage

Location

Located within walking distance of Hadleigh High Street and its selection of shops, cafés and restaurants. Leigh-on-Sea is a short drive away. Regular bus services are available from nearby London Road, and Belfairs Woods and Hadleigh Nature Reserve are within easy reach. The bungalow is located in a sought after quiet residential area.

Tenure / Property Information

Investment Analysis

Same-street completed sales range from £375,000 in 2021 to £675,000 in 2025. Because bedroom count, size, condition and specification of the comparables are not supplied, a broad evidence-based scenario range is used: £375,000 low, £525,000 base and £675,000 high.

Investment Snapshot

Strategy Recommendation

Potential BTL or value-add purchase, subject to confirming the full auction fees, refurbishment scope and independent valuation. Do not rely on the high GDV scenario.

Works Required

Light refurbishment as described by the auctioneer; the available evidence does not specify individual works or costs.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

The guide is materially below the base GDV scenario, but refurbishment costs, buyer fees and finance costs are unavailable. A reliable refinance or cash-left-in calculation cannot therefore be completed.

Buy-to-Let Analysis

Advertised two-bedroom rents are £1,500–£1,700 pcm, implying approximately 6.67%–7.56% gross yield on the £270,000 guide before fees, refurbishment, finance and operating costs. Passing rent is not established.

Flip Analysis

The evidence indicates substantial potential gross value uplift against the guide, but resale costs, refurbishment costs and comparable property differences are unknown. A reliable flip surplus cannot be calculated.

Investor Risks & Due Diligence

• Same-street comparables lack bedroom, size, condition and specification details.

• The property requires light refurbishment but no costed scope is supplied.

• Buyer, administration and other auction fees are unspecified.

• Rental figures are advertised asking rents rather than achieved or passing rents.

• The high GDV scenario may not be directly comparable to this two-bedroom bungalow.

Recommendation

Potential BTL or value-add purchase, subject to confirming the full auction fees, refurbishment scope and independent valuation. Do not rely on the high GDV scenario.

Strategy Rating

Analysis Confidence

There are same-street completed sales and rental asking evidence, but comparable property details, refurbishment costs, auction fees and achieved rent are unavailable.