Lesney Gardens, Rochford, SS4 1TY

Studio flat · SS4 1TY

721 sq ft1 bath

Asking

£120,000

For saleListed 52 days

Investor metrics

Opportunity summary

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About

The property

Horizon Estate Agents are delighted to offer to market this modern second floor studio apartment, with a long lease of 152 years.

The property comprises of a modern fitted kitchen, bathroom and a spacious bedroom and living area. The property also benefits from communal parking.

Located within walking distance to Rochford Railway Station, bus links and local shops. Internal viewing is essential.

Communal Entrance - Communal door with security entry phone system, stairs to apartment Hallway - Storage cupboard, loft hatch, carpeted, textured ceiling.

Bathroom - Three piece suite comprising of a panelled bath with shower over, pedestal wash hand basin, close coupled W.C, tiled walls, vinyl flooring, smooth plastered ceiling.

Lounge - 3.68m x 3.15m (12'1 x 10'4) - UPVC double glazed window to front of aspect, intercom phone for entry system. electric heater, power points, carpeted, smooth plastered ceiling.

Bedroom - 2.77m x 2.03m (9'1 x 6'8) - Electric heater, fitted wardrobe, power points, carpeted, smooth plastered ceiling.

Kitchen - 2.06m x 2.03m (6'9 x 6'8) - Range of eye and base level units with work surfaces over, four ring electric hob with extractor hood over, integrated oven, space for fridge freezer, space and plumbing for washing machine, stainless steel sink drainer unit, UPVC double glazed window to front aspect, power points, laminate flooring, smooth plastered ceiling.

Parking - Communal car park.

Additional Information - Tenure: Leasehold Lease Length: 153 years Service Charge: £1218.72 p/a Ground Rent: £0 Council: Rochford District Council Tax Band: B Agents Note - We recommend our customers use our panel of Conveyancers.

It is your decision whether you choose to deal with our panel of Conveyancers but you are under no obligation to do so.

You should know that we would receive a referral fee of £150 per transaction from them for recommending you to them.

Should you arrange a Mortgage through our recommended mortgage advisor, of which there is no obligation.

We will receive a commission fee, the amount of commission will depend on the size of the loan and any associated insurance products that you decide to take.

Key information

Price per sq ft

£166/sq ft

Based on 721 sq ft (67 sq m)

Floor area

721 sq ft (67 sq m)

Council tax band

Band B

Estimated ~£1,400/year

Tenure

Leasehold

See leasehold details below

Local authority

Rochford

District

County

Essex County

Lease remaining

152 years

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

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Rent evidence

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Local SA Market

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Investment Disclaimer

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 advisers before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market52 days

8/25

—

Seller motivation

Not scored yet

Days on market52

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

Still activeDay 52 on marketToday

Strategy fit

No strategy scores available yet.

Article 4No HMO Article 4 held

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.