1-bedroom flat · SS2 4XE
For saleReduced £5k (−4.3%) on 3 OctListed 85 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented first floor retirement apartment with views over the communal gardens and parking on a first come first come first served basis offered to the market with no onward chain and a lease term remaining of 100 years The property is situated in a sought-after location just off Southchurch Boulevard within close proximity to local shops 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 to the A13 and A127.
We are pleased to offer this very well presented one bedroom first floor retirement apartment which offers independent living for the 'Over 60's The additional accommodation comprises a modern fitted kitchen with integrated wall mounted oven, integrated hob with extractor over, space for fridge and space for washing machine a modern fitted three piece shower room.
The property is in excellent decorative order throughout with views over the communal gardens and benefits from an on-site (Monday to Friday) Premises Manager, lifts and stairs to all floors, communal lounge, gardens and a residents car park with visitors spaces on a first come first served basis.
Early viewing advised to appreciate the size, quality and location of the accommodation on offer.
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.
Communal Entrance Hall Access via the communal entrance with Site Manager's Office, access to the communal lounge and lifts and stairs to the first floor.
Entrance Hall Coved ceiling, smoke alarm and loft access, wall mounted electric heater, wall mounted entry phone, built in storage cupboard and fitted carpet.
Reception Room (4.95m x 3.18m) Coved ceiling, double glazed window to rear aspect with views across the communal garden, wall mounted electric heater and fitted carpet with doorway leading to the kitchen.
Kitchen (2.4m x 2.36m) Coved ceiling, wood effect vinyl flooring, a range of modern fitted, matching high gloss, wall mounted and base units with rolled edge work surface, single bowl, stainless sink unit inset and tiled splashbacks, integrated wall mounted electric oven and integrated electric hob with concealed extractor over, space for fridge and we have been advised the washing machine is to remain.
Bedroom (4.8m x 3.18m) Coved ceiling double glazed window to rear aspect overlooking the communal gardens, wall mounted electric heater, built in mirrored wardrobes and fitted carpet.
Emergency pull cord. Shower Room (2.16m x 1.78m) Coved ceiling, tiled walls and non slip flooring.
A modern white three piece suite comprising a tiled shower cubicle with electric shower, wall mounted hand wash basin with mirror and light over and a low flush WC. Over head wall mounted heater.
Emergency pull cord. Communal Lounge & Facilities There is a communal lounge for use by residents and their guests located on the ground floor.
There are also two Guest Suites for relatives and guests to stay on site these rooms need to be booked in advance with the Site Manager and are subject to availability.
Communal Garden There are well presented communal gardens to the rear of Old Rectory Court for residents and visitors use.
Residents Car Park There is a residents car park at the front of Old Rectory Court which operates on a 'First Come First Served' Basis.
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 124 Old Rectory Court,, Southchurch Rectory Chase, Essex
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