1-bedroom house · SS9 1NR
Listing removedListed 355 days
Opportunity summary
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About
***** RETIREMENT APARTMENT ***** LOCATED IN THE HEART OF LEIGH AND OFFERING THE OPPORTUNITY TO BECOME PART OF THIS LITTLE COMMUNITY, THIS ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT BEING SOLD WITH NO ONWARD CHAIN.
WITH WELL TENDED COMMUNAL GARDENS, RESIDENTS LOUNGE WITH AN EXTENSIVE PROGRAMME OF EVENTS AND AN ON SITE MANAGER DURING OFFICE HOURS, WE STRONGLY ADVISE AN EARLY VIEWING OF THIS PROPERTY.
Entrance Hall - 1.85m x 1.75m (6'1" x 5'9") - Lounge / Diner With Balcony - 4.17m x 2.77m (13'8" x 9'1") - Fitted Kitchen - 2.95m x 1.85m (9'8" x 6'1") - Bedroom - 3.71m x 3.05m (12'2" x 10') - Wetroom - 2.34m x 1.55m (7'8" x 5'1") - Communal Gardens - 24 Careline Available - Communal Lounge - Agents Notes - LEASE DETAILS: 189 YEARS FROM 25.06.1987 GROUND RENT & SERVICE CHARGE: £236.46 PER CALENDER MONTH THE ABOVE INFORMATION HAS BEEN SUPPLIED BY THE SELLER AND NOT VERIFIED BY A SOLICITOR
Value & comps
No previous sales on record.
Returns
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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 Chalkwell Park Drive, Leigh-On-Sea
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