2-bedroom flat · RM18 8TE
For saleReduced £5k (−2.8%) on 6 OctListed 39 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step into a world of comfort and convenience with this spacious top floor two-bedroom apartment, perfectly positioned for those seeking both tranquillity and connectivity.
Thoughtfully laid out, this inviting home boasts an impressive sense of space throughout, enhanced by the rare advantage of generous loft storage (ideal for those who value organisation and tidiness).
The large living room is filled with natural light, offering an elegant setting for relaxation or entertaining, while the fitted kitchen provides ample workspace and storage, making it a pleasure to prepare meals and gather with friends or family.
Both bedrooms are of excellent size, ensuring restful nights and versatile living arrangements, whether you desire a peaceful main suite, a stylish guest room, or a productive home office.
The family bathroom is well-appointed, offering both functionality and comfort for daily routines.
With a lease length of 88 years remaining and an exceptionally low annual ground rent of just £10, this property stands out as a savvy investment or an ideal first step onto the property ladder.
The apartment is offered with no onward chain, allowing for a smooth and stress-free move, and is presented as a blank canvas - ready for you to infuse your own style and create a truly bespoke living environment.
Situated within walking distance to the mainline train station, commuting is effortless, placing you within easy reach of the city and beyond, while the vibrant local neighbourhood provides a wealth of amenities, dining, and leisure options.
Whether you are seeking a peaceful retreat after a busy day or a stylish base to enjoy all that the area has to offer, this delightful apartment promises a lifestyle of ease, comfort, and endless potential.
Don’t miss the opportunity to make this exceptional property your own and enjoy the perfect blend of space, location, and value.
Hallway (2.50m x 1.82m) Living Room (4.84m x 3.33m) Kitchen (2.42m x 2.25m) Bedroom 1 (3.54m x 3.36m) Bedroom 2 (2.73m x 2.44m) Bathroom (2.31m x 1.40m)
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
FAQ
About 216 Coronation Avenue, Tilbury
Explore nearby