We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SS2 4XE
For saleReduced £10k (−7.7%) on 21 JunListed 868 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A One Bedroom Upper Floor Retirement Apartment Offering Independent Living for the Over 60's.
The property is situated in a sought after location just of Southchurch Boulevard within close proximity to local shops on Southchurch Road and within easy reach of Southend East Station, Southchurch Park and the seafront.
In addition it is within easy reach of the Southend-on-Sea City Centre with good local road transport links.
An opportunity has arisen to purchase a one bedroom upper floor retirement apartment with lift and stairs to the first floor which is situated in the popular Old Rectory Court and is offered to the market with no onward chain.
The additional accommodation comprises a lounge, fitted kitchen and a three piece bathroom.
Benefits include double glazing and gas central heating, 24 hour safety pull cord facility, secure entry phone system, communal gardens, communal car park with spaces available for residents on a first come first served basis, communal lounge and recreation room and there is a house/premises manager on site Monday to Friday 9am to 4pm.
Entrance Hall Front door leading to entrance hall, power points, built in cupboard hosueing consumer unit, electric storage heater, access to loft.
Bathroom Bathroom suite comprising of low level WC, wash hand basin with cupboards beneath and mixer taps, good size walk in fully tiled shower cubicle, tiled floors and walls, extractor fan.
Bedroom (4.11m x 2.87m) Double glazed window to front, power points, electric storage heating, built in mirror wardrobe.
Lounge (2.29m x 2.46m) Double glazed window to front, power points, electric heater, TV point.
Kitchen 2.29m x 8,2 - Kitchen units comprising eye level units, base level units and drawers, ample work surfaces with tiled splash backs, inset stainless steel one and a half sink unit and drainer with mixer taps, automatic washing and dish washer and fridge freezer to remain, inset electric hob with extractor fan above and built in oven, ample power points.
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
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.
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
.png)
FAQ
About 118, Old Rectory Court, Southend-On-Sea
Explore nearby