1-bedroom flat · SS9 1NR
For saleListed 88 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £125,000 - £135,000.
Coulson James are delighted to offer for sale this spacious one-bedroom second floor retirement apartment, offered to the market with no onward chain and situated within a highly regarded retirement development, moments from Leigh Broadway and its excellent range of shops, cafés and local amenities.
Although the property would now benefit from some modernisation, it offers fantastic potential for a purchaser to update and personalise to their own taste.
The accommodation comprises a welcoming entrance hall with useful storage cupboard, a generous lounge with sliding doors opening onto a private west-facing balcony enjoying pleasant views over the maintained communal gardens, a fitted kitchen, a good-sized double bedroom with fitted wardrobes and a bathroom.
Residents of the development benefit from a range of excellent facilities including a house manager, emergency care line intercom, residents' lounge, lift access to all floors, well-maintained communal gardens and communal residents' parking.
Please note that this development is subject to a minimum age restriction. An internal viewing is highly recommended to fully appreciate both the accommodation on offer and the superb location.
Council Tax Band B.
REF: 3686 Accommodation & Measurements Entrance Hall Lounge 13'8" x 9'11" (4.17m x 3.02m) Kitchen 9'8" x 6'1" (2.95m x 1.85m) Bedroom 12'2" x 9'11" (3.71m x 3.02m) Bathroom 7'10" x 6'11" (2.39m x 2.11m) We have been made aware of the below by the vendors solicitor; Additional Information Ground Rent & Service Charge: £247.53 per calendar month (£2,970.36 per annum) approx.
Minimum Age Restriction Applies No Onward Chain
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 Portchester Court, Chalkwell Park Drive, Leigh on Sea
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