2-bedroom flat · SS8 9DE
For saleListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Richard Poyntz & Co are delighted to offer for sale this well-presented two-bedroom first floor flat, ideally situated close to Canvey’s town centre, with shops, schools, and bus routes all within easy reach—making it an ideal purchase for first-time buyers, downsizers, or investors.
The property offers a bright and airy feel throughout and features a spacious lounge, two good-sized bedrooms, and a modern fitted kitchen complete with oven, hob, and extractor to remain.
The bathroom is fitted with a contemporary three-piece white suite. Further benefits include UPVC double glazing, a telephone entry system, communal garden areas, and resident parking.
Hallway - Spacious hallway Lounge - 4.14mx2.87m (13'7x9'5 ) - A bright and inviting reception room enjoying a neutral colour palette and a soft grey carpet, creating a warm and comfortable atmosphere.
A double-glazed window to the side elevation draws in natural light, while a modern electric panel heater offers efficient warmth.
There's ample room for lounge furniture, with space for a sofa, media unit, and additional occasional tables.
Ideal for relaxing or entertaining, this space combines practicality with a homely charm Kitchen - 2.97mx1.73m (9'9x5'8 ) - A well-equipped fitted kitchen featuring a range of white wall and base units with contrasting work surfaces, tiled splashbacks, and a stainless steel sink with mixer tap.
Integrated electric oven with hob above and extractor over, plus space and plumbing for further appliances, including a washing machine and under-counter fridge/freezer.
The room is finished with neutral décor and a practical vinyl floor, offering a functional layout that maximises space and usability.
Bedroom One - 3.51mx2.46m (11'6x8'1 ) - Double Glazed window Bedroom Two - 3.51mx2.51m (11'6x8'3 ) - Double Glazed window Bathroom - A well-appointed three-piece bathroom suite comprising a panel-enclosed bath with shower over and curtain, pedestal wash hand basin, and low-level WC.
The room is fully tiled around the bath area, with neutral walls and a modern vinyl floor underfoot.
Finished with a wall-mounted mirror and chrome fittings, this space offers both function and comfort.
Ideal for everyday use with practical storage potential and a bright, fresh feel throughout Parking And Communal Gardens - As per Vendor we are advised there is one allocated parking space for the flat.
Notes - Information from the freeholder's agent will need to be verified. Currently - Tenanted with Current rent - £850.00 pcm Ground Rent £0 Service charges – approx.
£850.00 pa Parking - awaiting confirmation LEASE - 125 YEARS from the 1st of January 2006 There is no ground rent as each leaseholder, automatically becomes a shareholder in the Freehold ltd company
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 Lionel Road, Canvey Island
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