S2 The Shore, 22-23 The Leas, Westcliff-on-Sea, Essex, SS0 8FF
Marketed by:
Dedman Gray
103 The Broadway, Thorpe Bay, Southend-on-Sea SS1 3HQ, UK
01702 311111
Vacant 1-Bed Seafront Apartment
S2 The Shore, 22-23 The Leas, Westcliff-on-Sea, Essex, SS0 8FF
Withdrawn
£325,000+
• 1 Bedrooms
• Residential investment; upper ground floor apartment
• Share of Freehold
• Vacant
• Secure underground parking
• C
Description
This superb one-bedroom upper ground floor apartment offers luxurious coastal living with unparalleled seafront views. The open plan living space, high-end finishes and private south-facing balcony create a perfect blend of style and comfort. Residents enjoy exclusive amenities, including a gym, concierge service and secure underground parking. With a share of the freehold and a 999-year lease, this property promises a truly exceptional lifestyle by the beach
Accommodation
Entrance; Open Plan Living Area; Sun Terrace; Bedroom; Bathroom
Location
Exceptional seafront location with seaviews; by the beach
Tenure / Property Information
Tenure |
Share of Freehold |
Lease |
A 999-year lease commenced on 24th June 2023, with 996 years remaining |
Occupancy |
Vacant |
EPC |
C |
Parking |
Secure underground parking |
Services |
Gym and concierge service |
Investment Analysis
No completed-sale comparables or sufficiently specific rental evidence were supplied. The £325,000 guide is not a formal valuation, so market value and GDV cannot be reliably established.
Investment Snapshot
Guide Price |
£325,000 plus fees |
Strategy Recommendation
Do not bid on the current evidence alone. First verify achievable rent, service-charge inclusions and market value against comparable sales; proceed only if the resulting net yield or resale margin supports the purchase price plus fees.
Works Required
No refurbishment defects or required works are evidenced. Allow only for inspection, cleaning and any purchaser-identified maintenance after viewing.
Rental & Market Context
|
No sufficiently specific external rental comparable identified. |
|
Potential BRRR Position
BRRR cannot be assessed without supported rent, market value/GDV and refurbishment costs. The long lease and share of freehold are favourable tenure features, but the guide price is not a valuation.
Buy-to-Let Analysis
BTL viability and yield cannot be established because no sufficiently specific rent evidence or auctioneer rent estimate was supplied. The £4,536 annual service charge is a significant known holding cost and would reduce net return.
Flip Analysis
A flip cannot be underwritten because there are no completed-sale comparables, supported GDV or selling-cost allowance. No refurbishment requirement is evidenced.
Investor Risks & Due Diligence
• No sufficiently specific rental evidence or auctioneer rent estimate.
• No completed-sale comparables to support the £325,000 guide or GDV.
• Buyer fees and other acquisition costs are unspecified.
• Service charge is £4,536 per year for 2025–26 and may materially reduce net investment returns.
• No refurbishment inspection evidence was supplied.
Recommendation
Do not bid on the current evidence alone. First verify achievable rent, service-charge inclusions and market value against comparable sales; proceed only if the resulting net yield or resale margin supports the purchase price plus fees.
Strategy Rating
HB Rating |
★★☆☆☆ |
Analysis Confidence
Confidence |
Low |
The property description and tenure details are supplied, but there are no completed-sale comparables, rental evidence, refurbishment costs, buyer fees or formal valuation.
Auction Details :
Dedman Gray
Auction Date :
08/10/26
Lot Number :
017
Property Location:
S2 The Shore, 22-23 The Leas, Westcliff-on-Sea, Essex, SS0 8FF
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