Studio flat · SS3 9SJ
To rentListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
MODERN STUDIO APARTMENT. Bedsitting area with built in pull out double bed and ample additional space.
Kitchen with integrated oven and hob, plumbing for washing machine and space for slimline undercounter fridge/freezer. Bathroom with shower cubicle. Electric heating and double glazing throughout.
Parking to rear of property. Applicants must meet the affordability criteria and provide a home owning guarantor. The property will be on a Assured Periodic Tenancy. Council tax band A.
£201 holding deposit required. Property approached via secure communal entrance with intercom. Bedsitting Room - 14'01 x 11'07 - uPVC double glazed windows to front. Built in pull out double bed.
Electric heater. Entry phone system. Storage cupboard housing water heater. Kitchen - 7'04 x 5'03 - uPVC double glazed window to side. Range of base and eye level units. Integrated oven and hob.
Stainless steel sink and drainer. Plumbing for washing machine and undercounter space for slimline fridge/freezer. Bathroom - Shower cubicle, low flush WC and hand basin.
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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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 Herongate, Shoeburyness, Southend-On-Sea
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