Plot 27, Wakering Road, Shoeburyness, Southend on Sea, Essex, SS3 9TW
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Plot 27, Wakering Road, Shoeburyness, Southend on Sea, Essex, SS3 9TW

By Dedman Gray Auction

£ 9,000

Reviews

2 out of 5 stars

Dedman Gray Auction says ..

Sold for £8,000 FOR SALE BY PUBLIC AUCTION ON FRIDAY 19TH APRIL 2024 AT 12.00PM. LIVE STREAMED VIA DEDMAN GRAY WEBSITE. BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE; LAND INVESTMENT: A FREEHOLD PARCEL OF LAND MEASURING APPROXIMATELY 0.15 ACRES THAT MAY HAVE FUTURE DEVELOPMENT POTENTIAL ...

Property Oracle says ..

This listing is for a freehold plot of land measuring approximately 0.15 acres located at Plot 27, Wakering Road, Shoeburyness, Essex, SS3 9TW. The land is currently undeveloped. The property is being sold by auction. The location is residential, close to the c2c rail line, providing transport links to Southend-on-Sea and London. Nearby amenities and schools are present, but details are limited. The size of the land is suitable for a small development, but the absence of detailed information regarding planning permission and development potential poses risk. The list price of £9,000 seems relatively in line with recent comparable land sales in the area, although further due diligence is needed to fully appreciate the value. Potential buyers need to factor in potential costs associated with site preparation, planning applications, and construction should they wish to develop the land. The lack of information regarding the condition of the land itself, such as any potential contamination or restrictions, should be investigated before bidding. Overall, this is a potentially attractive investment opportunity for buyers seeking a building plot in Shoeburyness, but thorough research is crucial before making an offer.

Therefore, we give this property 4 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
1
Location
6
Land
4
Bedrooms
0
Bathrooms
0

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
417,394.00 £
Increased by 5.13 %
from 397,019.00 £
Average area rental value
1,647.00 £/mo
Increased by 12.27 %
from 1,467.00 £/mo
Est rental Yield
4.74 %
Increased by 7.00 %
from 4.43 %
Crime Rate
0.00 %
from 0.00 %

Agent Activity

  • Dedman Gray Auction marked this listing as sold.

  • Dedman Gray Auction created the listing.

Nearby Schools

NameTypeOfstedDistance
Friars Primary School And NurseryAcademy ConverterGood1.14 KM
Friars Children'S CentreChildren's Centre1.14 KM
Great Wakering Primary AcademyAcademy ConverterGood1.27 KM
Roc1/A Sea Shells Family Hub Delivery SiteChildren's Centre Linked Site1.28 KM
St George'S Catholic Primary SchoolAcademy Converter2.09 KM

Images

Nearby Streets

NameAverage PriceAverage SqftDistance
Lowry Close £ 100,00000.00 KM
Mariners Court £ 000.00 KM
The Cedars £ 425,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Shoeburyness7455SRY1.52 KM
Thorpe Bay7460TPB4.70 KM
Southend East7457SOE7.99 KM

Nearby Properties

AddressPriceDistance
262 Wakering Road £ 316,5000.14 KM
282 Wakering Road £ 325,0000.14 KM
254 Wakering Road £ 395,0000.14 KM
278 Wakering Road £ 177,0000.14 KM
276 Wakering Road £ 305,0000.14 KM