1-bedroom flat · SS1 3AZ
For saleListed 243 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**PURCHASED WITH TENANTS IN SITU** one bedroom ground floor flat in a fantastic Thorpe Bay location only a few minutes walk from the seafront.
**BEING SOLD WITH TENANTS IN SITU** ONE BEDROOM ground floor flat in a fantastic Thorpe Bay location only a few minutes walk from the seafront.
Large lounge, kitchen and utility area with all white goods, oven and hob. Good sized double bedroom with walk in wardrobe. Bathroom with shower cubicle.
uPVC double glazing and gas central heating throughout. Generous own rear garden and off road parking for one car.
Great location very close to Thorpe Bay seafront and within a 15 minute walk of the train station. . - Property approached via shared driveway to communal front door and entrance hall.
uPVC double glazed door to ground floor flat. Hallway - Understairs storage cupboard housing meters. Radiator. Smoke alarm. Lounge - 5.97m x 3.96m - uPVC double glazed bay windows to front.
Fire surround and mantle piece. Radiator. Television and telephone point. Kitchen - 4.24m x 2.79m - uPVC double glazed windows to rear and side. Range of base and eye level units, sink and drainer.
Eye level double oven and gas hob with extractor over. Microwave and freestanding fridge/freezer. Utility Area - uPVC obscure double glazed window ride and door to garden.
Washing machine and tumble dryer. Worktop and storage unit. Wall mounted combi boiler. Bedroom - 3.78m x 3.63m - uPVC double glazed windows and door to rear. High level storage cupboards. Radiators.
Television and telephone point. Large walk in wardrobe. Walk In Wardrobe - 2.62m x 1.78m - Hanging rails and storage shelves. Bathroom - 2.51m x 2.11m - uPVC double glazed obscure window to side.
Corner shower cubicle. Basin unit, low flush WC and wall mounted cabinet. High level storage cupboards. Radiator.
Tenure - LEASE - 148 Years remaining SERVICE CHARGE - N/A GROUND RENT - N/A COUNCIL TAX BAND - C Southend-on-Sea EPC Rating D ..
- These particulars are accurate to the best of our knowledge but do not constitute an offer or contract. Photos are for representation only and do not imply the inclusion of fixtures and fittings.
The floor plans are not to scale and only provide an indication of the layout.
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
FAQ
About Gloucester Terrace, Southend-on-Sea
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