48 Kimberley Road, Little Wakering, Southend-on-Sea, Essex, SS3 0JP

Description

Four bedroom detached chalet family home fully renovated throughout, with a spacious modern interior. It benefits from an open plan kitchen/living room opening into a large rear conservatory, bedroom one currently used as a lounge, bedroom four currently used as a study/games room, and a ground floor bathroom with an immaculate four-piece suite. The first floor offers two further bedrooms and a shower room. Externally, the front offers a drive for off-street parking and an integral garage, while the good-sized rear garden backs onto farmland.

Accommodation

Reception Hallway; Fitted Kitchen/Breakfast Room 24' 3" x 21' 8"; Principal Bedroom 15' 4" x 10' 8" currently used as a lounge; Bedroom Four 11' 9" x 7' 5" currently used as a study/games room; Spa Style Bathroom; First Floor Landing; Bedroom Two 13' 6" x 12' 0"; Bedroom Three 11' 10" x 9' 8"; Shower Room; good-sized rear garden backing farmland; integral garage; off-street parking to front

Location

The rear garden backs onto farmland.

Tenure / Property Information

Investment Analysis

The five same-road detached freehold sales range from £406,000 to £572,500. The most recent sale was £406,000 in September 2023; older sales include £435,000 in November 2022 and higher sales of £506,000–£572,500. Given the stated full renovation but limited comparable detail, £435,000 is used as a cautious base GDV, with £406,000–£506,000 as an evidence-based range.

Investment Snapshot

Strategy Recommendation

Consider only as a resale-led purchase at or near the guide, subject to legal, structural and condition checks. Do not underwrite it as a BTL without verified rent.

Works Required

No refurbishment works are evidenced because the property is described as fully renovated throughout. Verify condition, specification, conservatory, bathrooms, roof, services and EPC before bidding; no cost allowance is included.

Rental & Market Context

Sold Comparables

The following completed sales were identified within approximately 5 miles:

Potential BRRR Position

At the £350,000 guide and with no evidenced works allowance or supplied buyer fees, base total cost is £350,000. A 75% refinance at the £435,000 base GDV would be approximately £326,250, leaving indicative cash of £23,750 before finance, tax and other costs. Actual refinance depends on valuation and lending criteria.

Buy-to-Let Analysis

BTL viability cannot be established because no sufficiently specific rental evidence or auctioneer rent estimate is supplied. The property is described as a residential investment, but rent, operating costs and finance costs remain unverified.

Flip Analysis

Using the £435,000 base GDV against the £350,000 guide-based cost indicates £85,000 gross equity before selling, finance, tax and other costs. No selling-cost allowance is supplied, so net flip surplus cannot be established.

Investor Risks & Due Diligence

• Comparable sales vary materially in price and are mostly from 2022.

• No rental evidence is available, preventing BTL yield analysis.

• Buyer, administration and other auction fees are unspecified.

• The stated renovation and property condition have not been independently verified.

• GDV estimates may not reflect differences in size, specification or condition versus the comparables.

Recommendation

Consider only as a resale-led purchase at or near the guide, subject to legal, structural and condition checks. Do not underwrite it as a BTL without verified rent.

Strategy Rating

Analysis Confidence

Same-road completed sales and a stated renovated condition are available, but comparable specifications, rental evidence, fees, condition verification and operating costs are missing.