2-bedroom flat · SS9 1FG
To rentListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Home Estate Agents are delighted to offer to let this well-proportioned two bedroom second floor apartment within Spencer House on Ensign Close, complete with an allocated parking space.
Accessed via a secure communal entrance with entry phone system, the apartment opens into a spacious hallway providing three useful storage cupboards.
The accommodation includes a good size lounge with Juliet balcony, creating a bright and comfortable main living space, with access through to a separate fitted kitchen offering ample storage and space for appliances.
There are two well-proportioned bedrooms, together with a modern bathroom featuring a walk-in shower. Further benefits include double glazing and electric heating.
Outside, the property comes with its own allocated parking space, making this a practical and comfortable Home for tenants looking for a well-sized two bedroom apartment.
Accommodation Comprises The property is approached via communal entrance door with phone entry system, stairs leading to the second floor.
Private wooden entrance door leading into: Entrance Hallway (4.67m x 1.04m (15'4 x 3'5)) Carpeted, skirting, spotlighting, phone entry system, three storage cupboards.
Doors to: Bedroom Two (3.33m x 2.16m (10'11 x 7'1)) Carpeted, skirting, ceiling light, double glazed window to the side aspect, electric radiator.
Bedroom One (3.33m x 3.10m (10'11 x 10'2)) Carpeted, skirting, ceiling light, double glazed window to side, electric radiator.
Bathroom (2.26m x 1.70m (7'5 x 5'7)) Tiled effect lino flooring, part tiled walls, ceiling light, extractor fan, walk-in tiled shower cubicle, WC, pedestal wash hand basin with mixer tap, shaver socket, electric heater, mirrored vanity unit, electric heated towel rail.
Lounge (4.17m x 3.30m (13'8 x 10'10)) Carpeted, skirting, ceiling light, double glazed window to side aspect and double door to Juliet balcony to the front aspect, electric radiator.
Through to: Kitchen (3.61m x 1.70m (11'10 x 5'7)) Tiled effect lino flooring, skirting, double glazed window to front aspect, ceiling light, electric fan heater.
The kitchen is fitted to include a range of base units with rolled edge worksurfaces and matching eye level wall mounted units, tiled splashback, inset one and a half sink with drainer and mixer tap, integrated oven with four ring induction hob and extractor over, space for fridge freezer and washing machine.
Externally There secure gated allocated parking for one car. Agency Note After the 01st February 2016 all applicants over the age of 18 years old will need to undergo "Right to rent" checks.
Please note that some properties may be advertised using images and details which were taken in the past and therefore a viewing is the always strongly recommended.
After 01st June 2019, the tenancy deposit will be the equivalent of five weeks rent (subject to the monthly rental amount).
The tenancy deposit is calculated at the monthly rental amount, multiplied by 12 (number of months in the year), divided by 52 (number of weeks in the year), multiplied by 5.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About Flat 24, Spencer House, Ensign Close, Leigh-On-Sea
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