2-bedroom flat · SS0 7TE
For saleListed 926 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We present this two bedroom retirement apartment, lift and stairs to all floors which is located in Homecove House and offers independent living for the over 60's.
The additional accommodation comprises an open plan lounge/diner, fitted kitchen and a three piece bathroom suite.
Benefits include double glazing windows, electric heating, secure entry phone and communal facilities including a residents lounge and laundry.
There are premises managers on site Monday to Friday and an additional 24 hour careline emergency pull chord facility.
Homecove House is situated in a prominent seafront location on Western Esplanade, within close proximity to 'The Arches' cafes and restaurants, Hamlet Court Road shopping facilities and Westcliff-on-Sea mainline railway station to London Fenchurch Street.
In addition it is within easy reach of the beach and Southend-on-Sea town centre with good local road and bus links to local areas into and out of Southend-on-Sea town centre
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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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 704, Homecove House, Westcliff
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