2-bedroom flat · RM19 1LB
For saleListed 47 days
Opportunity summary
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About
Southern Housing are delighted to present the opportunity to purchase this lovely two-bedroom, top floor apartment nestled within a modern, sought-after residential development in Purfleet.
Benefitting from an allocated parking space, great public transport links and easy access to numerous convenient local amenities!
The welcoming entrance hall provides access to all rooms and offers ample space for storage.
Moving through the property, your bright and spacious lounge creates an ideal setting for relaxing and entertaining guests.
Large windows allow plenty of natural light to flow throughout the room, enhancing the sense of space.
The separate fitted kitchen provides a practical layout with ample worktop and cupboard space, making it well-suited to modern day living.
The principal bedroom is a generously sized double room, offering excellent floor space for bedroom furniture.
Ideally, this room can be utilised as a guest room, child's bedroom, home office or additional living space.
The bathroom is fitted with a three-piece suite and serves the apartment conveniently from the central hallway.
Occupying the third (top) floor of a four-storey building, the apartment benefits from a peaceful elevated position within the development.
The property further benefits from uPVC double glazing throughout and one allocated parking space located to the rear of the block.
Full Price: £245,000 Share 40% Share £96,000 Rent: £482.20 Service Charge: £121.17 Lease Remaining: 103 Years EPC Rating: B Council Tax Band: C Local Area Information Caspian Way forms part of a popular modern development in Purfleet, conveniently positioned for everyday amenities and excellent transport connections.
Purfleet Railway Station is within easy reach and provides regular c2c services into London Fenchurch Street, making the property particularly attractive to commuters.
The development is also conveniently located for the A13 and M25, providing swift road connections across Essex and into London.
Nearby amenities include schools, healthcare facilities, local shops and the renowned Lakeside Shopping Centre, which offers an extensive range of retail, leisure and dining options.
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.
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FAQ
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