Modern Method of Auction
Auction date not yet published
2-bedroom flat · SS2 6EB
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated just outside of Southend's Town Centre is this exceptional two bedroom upper floor flat.
Southend High Street is a popular shopping destination that offers a wide range of shops and eateries, along with two major train stations that commute to London on the Greater Anglia and C2C lines.
There are convenient bus links and the A127 on your doorstep, making this a perfect location for commuters. Southend Seafront is close to hand, along with Priory Park, the Cliffs Pavilion and schools.
The flat boasts access to a lift, as well as a secure entry system and 24-hour concierge.
Internally, the flat has been presented to a high standard which comprises a sizeable lounge/diner that opens into a fully integrated modern kitchen.
There are two double bedrooms within, as well as a stylish three piece bathroom. Further benefits include high performance glazing, allocated parking, communal roof gardens and a residents gym.
Auctioneer Comments This property is offered through Modern Method of Auction. Should you view, offer or bid your data will be shared with the Auctioneer, iamsold Limited.
This method requires both parties to complete the transaction within 56 days, allowing buyers to proceed with mortgage finance (subject to lending criteria, affordability and survey).
The buyer is required to sign a reservation agreement and make payment of a non-refundable Reservation Fee of 4.5% of the purchase price including VAT, subject to a minimum of £6,600.00 including VAT.
This fee is paid in addition to purchase price and will be considered as part of the chargeable consideration for the property in the calculation for stamp duty liability.
Buyers will be required to complete an identification process with iamsold and provide proof of how the purchase would be funded.
The property has a Buyer Information Pack containing documents about the property.
The documents may not tell you everything you need to know, so you must complete your own due diligence before bidding.
A sample of the Reservation Agreement and terms and conditions are contained within this pack. The buyer will also make payment of £349 inc. VAT towards the preparation cost of the pack.
The estate agent and auctioneer may recommend the services of other providers to you, in which they will be paid for the referral.
These services are optional, and you will be advised of any payment, in writing before any services are accepted. Listing is subject to a start price and undisclosed reserve price that can change.
Beaumont Court is a popular 2018 redevelopment complex situated in a prominent location on Victoria Avenue as it enters the heart of Southend-on-Sea.
This modern development is located within close proximity to local shops of Priory Park, St Mary's Church, The Civic Centre, and both Prittewell and Southend Victoria mainline railway stations to London Liverpool Street.
In addition it is within easy reach of the town centre shopping facilities and the seafront with good local road transport links to the A127 and the A13
Value & comps
No previous sales on record.
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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 starting price
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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 94, Beaumont Court, Southend-On-Sea
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