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See how verdicts work4-bedroom detached house · SS8 0GD
For saleReduced £25k (−4.8%) on 26 OctListed 98 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £525,000 - £550,000 Occupying an enviable position within a peaceful cul-de-sac just a short stroll from Thorney Bay Beach, this impressive four-bedroom family home sits on what is believed to be the largest plot within the development, offering not only fantastic space as it stands, but exceptional potential to extend and further enhance the property in the future.
The substantial corner plot provides generous space to both the side and rear, creating exciting possibilities for a significant extension, subject to the necessary planning consents.
The property has also previously benefited from planning permission for a loft conversion, designed to create an impressive principal bedroom suite with walk-in wardrobe and bathroom, alongside a ground-floor rear extension.
Although this permission has now lapsed, it demonstrates the considerable potential the home and plot have to offer. The existing accommodation is already spacious and beautifully presented.
A bright and welcoming lounge opens into a charming conservatory overlooking the garden, creating an excellent space for both everyday family life and entertaining.
At the heart of the home is the stylish open-plan kitchen/diner, finished with granite worktops, integrated appliances and generous dining space.
A separate utility room and ground-floor WC add further practicality. Upstairs, there are four well-proportioned bedrooms, with two benefiting from en-suite facilities and built-in wardrobes.
Bedrooms three and four are currently combined to form one particularly generous room but could easily be returned to two separate bedrooms if required.
A contemporary family bathroom completes the first-floor accommodation. Externally, the size of the plot really sets this property apart.
The expansive and private rear garden offers plenty of room for entertaining, family life and future development, while the additional side space further enhances the scope available.
The garden currently features a fully equipped summer house used as a gym, a pergola with hot tub and generous areas for outdoor dining and relaxation.
Further benefits include off-street parking and a garage, while the property's position places Thorney Bay Beach and local amenities within easy reach.
For buyers looking for a home they can enjoy immediately while retaining the opportunity to create something considerably larger in the future, this is an incredibly exciting proposition.
A substantial corner plot, previous planning history and significant side, rear and loft potential combine to make this a home with enormous long-term possibilities.
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
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FAQ
About Magnolia Close, Canvey Island
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