1-bedroom flat · SS4 1PU
For saleReduced £10k (−10%) on 8 AugListed 93 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in Roche Close, this ground -floor apartment provides a comfortable living space tailored for those over 60.
The flat features a spacious lounge area complemented by a modern kitchen and bathroom. With no adjacent flats, residents can enjoy a quieter environment, adding to the sense of privacy and peace.
The property is ideally located in Rochford, just a short walk from the historic market square.
Residents can benefit from excellent transport links, with bus routes and the mainline railway station nearby, making it easy to explore the surrounding areas.
The community offers various amenities including a communal lounge, garden, car park, laundry room, and a guest suite available for hire.
This flat represents an opportunity for affordable living within a vibrant community setting.
With its strategic location and thoughtful amenities, it’s well-suited for those seeking convenience and comfort.
Act now to secure this opportunity in Roche Close Entrance Hall Storage cupboards, doors to Lounge (17'6 x 11'10) Access to Kitchen.
Window to rear Kitchen (7'4 X 7'0) Fitted kitchen with integrated appliances. Window to rear Bedroom (12'5 x 9'0) Window to rear. Fitted mirror fronted wardrobes Bathroom Fitted bathroom suite.
With Shower over. Inset wash hand basin with vanity storage.
Low level WC Comunal Lounge Communal lounge area fro residents to gather and socialise with Tv, tables and chairs Externally Communal gardens with residents car park Agents Note There is a House Manager and residents benefit from having the use of a residents lounge and laundry room, with communal garden and car park.
A Guest Suite is available on site with a nightly charge of approximately £20 per night for a single guest, £25 per night for two guests.
The vendor has advised the following: Lease - approximately 107 years remaining; Ground Rent - £212.50 per half year; Service Charge - £2000 per half year
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About Flat Flat 1, Ormond House, Roche Close, Rochford
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