2-bedroom flat · SS0 7TF
For saleListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A refurbished two bedroom retirement apartment situated on the fifth floor **part exchange available on this property** This development occupies an imposing seafront position with many apartments having sea views and/or balconies.
Homecove House was constructed by McCarthy & Stone (Developments) Ltd and comprises 142 properties arranged over 10 levels each served by three lifts.
The resident Development Manager can be contacted from various points within each property in the case of an emergency.
Each property comprises an entrance hall, lounge, kitchen, one or two bedrooms and bathroom. It is a condition of purchase that residents be over the age of 60 years.
Please speak to our Property Consultant if you require information regarding “Event Fees” that may apply to this property.
Accommodation Front door to Entrance Hall Door to airing cupboard with insulated hot water cylinder, electric meter, shelving and storage space. Ceiling light point. Power points.
Living Room Electric fire and surround. Storage heater. Power points. TV aerial point. Telephone point. Emergency pull cord. Door entry system. Wall light points.
Kitchen Tiled and fitted with a range of wall and floor cupboards with drawers and fitted with stainless steel sink unit and work surfaces. Built in electric oven and hob with extractor hood over.
Space for fridge/freezer. Power points. Ceiling light. Bedroom One Built-in wardrobe. Storage heater. Power points. Wall light points. Telephone point.
Shower Room Tiled and fitted with a suite comprising Shower unit with grab rail. Vanity wash hand basin with cabinet over; low level WC. Extractor fan. Wall mounted electric heater. Wall light point.
Towel rail. Bedroom Two Electric heater. Power points. Ceiling light.
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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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 advisors 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
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FAQ
About 527, Homecove House, Westcliff-on-Sea
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