3-bedroom terraced house · SS2 4ES
Sold STCListed 178 daysAuction 14 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FOR SALE BY PUBLIC AUCTION ON THURSDAY 14TH MAY 2026 AT 3.00PM** **FEES APPLY** This End Terraced property contains two self-contained flats, each with a share of the rear garden, and is to be sold with the Freehold Interest.
Both flats are let (the tenants will remain in occupation) and currently they produce a combined rental income of £1,515pcm (£18,180pa).
We have been informed that the first floor flat is let under an Assured Tenancy.
This End Terraced property contains two self-contained flats, each with a share of the rear garden, and is to be sold with the Freehold Interest.
Both flats are let (the tenants will remain in occupation) and currently they produce a combined rental income of £1,515pcm (£18,180pa).
We have been informed that the first floor flat is let under an Assured Tenancy.
Accommodation - Number 38 (Ground Floor): Lounge Kitchen Bedroom with En-Suite Shower Room Separate w/c Externally: Own section of rear garden Number 40 (First Floor): Landing Lounge: 16'3 into bay x 9'8 max Kitchen: 10' x 5'8" max Bedroom One: 13'1 max > 10'6 x 9'7 max Bedroom Two: 6'8 x 5'8 Outside w/c Externally: Own section of rear garden Tenure - Freehold Tenancy - We are informed that the Ground Floor Flat is currently let under an Assured Shorthold Tenancy agreement and that the First Floor Flat is let under an Assured Tenancy.
Rent Reserved - We have been advised that the Ground Floor Flat is currently let at a rent of £800pcm and that the First Floor Flat is currently let at a rent of £715pcm.
Nb: - At the time of going to print we had been unable to gain access to the Ground Floor property. The photos shown for this flat have been taken from a previous inspection report.
Enerty Performance Rating: - 38 - D 40 - tbc Agents Note: - Please note that there is an existing lease in place for 38 Seaforth Avenue: 99 years from the 1st December 2011 Viewing - Strictly by appointment with the Auctioneers.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 38/40 Seaforth Avenue, Southend-on-Sea
Explore nearby