Summary - 77 FIRST AVENUE CANVEY ISLAND SS8 9LR
3 bed 2 bath Terraced
Freehold three-bed auction lot with tenant, renovation opportunity and rental upside..
Three bedroom mid-terrace, approx. 905 sqft
Freehold; tenanted at £980pcm (below market) for immediate income
Non-standard construction (Selleck Nicholls concrete) may affect lending
Requires renovation throughout; dated fixtures and some ceiling stains
Auction sale 25 Sept 2025 — sold with tenant in situ
Very low flood risk; small front and rear gardens
Area has high crime and very high deprivation — consider tenant risk
Mains gas heating, double glazing (install date unknown)
This freehold mid-terrace three-bedroom house is offered for sale by public auction and is best suited to investors or experienced renovators. The property is tenanted under an Assured Shorthold Tenancy at £980pcm (£11,760 pa), which the seller notes is below current market rent — so there is immediate income and potential for uplift once re-let or regained.
The house is of non-standard construction (Selleck Nicholls rationalised concrete) and requires renovation throughout. The vendor is obtaining Gas Safety and EICR reports; prospective purchasers should check mortgage lender criteria for non-standard construction and allow for upgrading works including dated fixtures and some ceiling staining in areas.
Practical positives include freehold tenure, mains gas boiler and radiators, double glazing (install date unknown), very low flood risk, small front and rear gardens and fast broadband with excellent mobile signal. The area shows constrained young families and higher crime rates with very high deprivation, so buyer suitability and letting strategy should reflect local market conditions.
The lot is auctioned live on 25 September 2025. This is a clear opportunity to buy an income-producing, 905 sq ft terraced property with renovation potential and rental upside — but buyers must factor in repair costs, lender restrictions and the local socio-economic context.
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