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See how verdicts work1-bedroom flat · SS3 8XG
For saleReduced £10k (−5%) on 15 AugListed 142 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This immaculately presented one bedroom maisonette benefitting from its own front door and representing an ideal first time purchase or investment property.
The property benefits from a number of upgrades including a replacement Kitchen, rcd unit and water cylinder.
The property has been recently re-decorated and is presented to a standard that would allow a buyer to move straight in.
Upon entering the property you are greeted by an entrance hall with space for coats and shoes with stairs leading up to the first floor landing.
The loft space with drop down ladder is currently being used as a play room and benefits from being carpeted with lighting.
The lounge offers space for a dining table with access to a modern white gloss kitchen. The large double bedroom is then served by a modern bathroom.
Externally this property benefits from the all-important off street parking for two vehicles.
The property is situated in a modern development within close proximity to the Asda Retail Park and within easy reach of Gunners Park, Shoebury East Beach with good local transport links to the A13 into Southend City Centre as well as within Easy Reach Of Shoeburyness Station.
Entrance Fitted with a replacement multi point lock front door providing access into the entrance hall. Entrance Hall Double glazed window to front.
Space for shoes and coats with stairs leading upto the first floor landing.Wall mounted rcd unit which the Vendor has informed us was replaced in 2023.
We have also been informed there are new electrics in the property. First Floor Landing Double glazed window to side. Drop down loft hatch with pull down ladder providing access to the loft space.
Agents Note-The current vendor is using this as a play area. The floor is carpeted with power connected. Unvented water cylinder which the Vendor has informed us was replaced in 2023.
Lounge Double glazed window to rear. Smooth ceiling with inset lighting. Oak effect laminate flooring. Wall mounted replacement electric panel heater. Access to the kitchen.
Kitchen The vendor has informed us that the kitchen was replaced in 2023.
The kitchen is fitted with a range of modern white gloss base and wall level units complemented by square edged feature wooden work surface incorporating an inset sink drainer unit and mixer tap.
Built in fan assisted oven with electric hob above. Integrated fridge/freezer to remain with space and plumbing for washing machine. Oak effect laminate flooring.
Smooth ceiling with inset lighting, tiled splashbacks. Double glazed window to rear. To one aspect of the room is a useful shelved storage recess. Full size pantry.
Bedroom Double glazed windows to front with bay window seating. Smooth ceiling with inset lighting. Wall mounted electric heater.
Bathroom A modern suite comprising of a panelled bath with glazed screen and wall mounted electric shower with attachment. Pedestal wash hand basin and push button low level WC.
Inset lighting to ceiling. Part tiled walls. Double glazed obscure window to side.
Exterior Frontage The front of the property benefits from a large lawned area with pathway to the front door with lighting above.
Off Street Parking The allocated parking spaces are to one side of the property and are accessed via a shared approach with the parking area measuring approximately 37ft deep.
Agents Note The Vendor has informed us that there is no service charge and the yearly charge for the ground rent is approximately £200.
The remaining lease period we have been informed is approximately 85years. The Vendor has informed us that they pay approximately £204 yearly for the buildings insurance.
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
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FAQ
About 17, Woodcotes, Southend-on-Sea
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