1-bedroom flat · SS2 5GD
Sold STCListed 234 days
Opportunity summary
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About
GUIDE PRICE £180,000 - £190,000 | 114 year lease | Private Position | NO ONWARD CHAIN Contemporary One-Bedroom Apartment in the Southpoint Development!
Discover modern living in this stylish one-bedroom apartment, perfectly situated within a striking gated development on Sutton Road.
Built by the highly regarded Weston Homes, renowned for their superior quality and award-winning developments, this property offers a blend of high-tech fixtures, contemporary décor, and an exceptionally convenient location.
Occupying a tucked-away position within the development, the flat enjoys an added sense of privacy. Beyond the main communal entrance, a secondary lobby leads solely to this apartment.
Although technically communal, this area is not shared with other flats, meaning no neighbouring entrance doors nearby - enhancing both privacy and day-to-day peace and quiet.
Upon entering, you are greeted by a spacious entrance hall featuring a large storage cupboard, ensuring ample space for all your belongings.
The heart of this apartment is the bright lounge/diner, which benefits from a charming Juliet balcony, inviting in natural light.
The open-plan kitchen is designed for modern convenience, featuring high-quality specifications including a full-size integrated fridge/freezer.
You'll also find a Zanussi stainless steel electric fan oven, ceramic hob, Electrolux stainless steel chimney extractor, quartz stone worktops with upstands, and a stainless steel splashback to the hob.
The Fascino stainless steel hand-finished sink, with an oversized single bowl, and designer curved tap.
The luxury bathroom is a highlight, boasting a Smart Mirror with LED lighting, shaver socket, digital clock, and de-mist pad.
A walnut vanity unit with integrated storage space and a porcelain worktop, a RAK Ceramics basin, and a RAK Ceramics Hygiene+ WC with a RAKRimless™.
The Fascino Smart Shower, heated chrome towel rail, and RAK Ceramics porcelain wall tiles, complemented by low-level LED strip lighting to the bath, create a spa-like ambience.
Further benefits of this apartment include a secure underground allocated parking space.
The property offers lifts to all floors (including underground parking), a secure entry phone system, well-kept communal gardens, and secure underground parking with remote control access.
The development's location on Sutton Road provides excellent connectivity, with Greyhound Business Park being a 5 minute walk which hosts an array of shops including; Starbucks, KFC, Matalan, Lidl and even a Mecca Bingo.
This property is also close to Southend Victoria and Prittlewell train station which run on the Greater Anglia line to London Liverpool Street.
114 years remaining on the lease Ground Rent: £300 pa Service Charge: £962 pa EPC Rating: B
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
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FAQ
About Sutton Road, Southend-On-Sea, SS2
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