2-bedroom flat · SS14 3SU
For saleReduced £15k (−6.8%) on 9 JulListed 152 days
Opportunity summary
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About
• two bedroom ground floor flat • 18' open plan lounge/diner/kitchen • en-suite to bedroom one • family bathroom/WC • communal gardens • one allocated parking space Lease Remaining: 985 years approx.
Service Charges: £273.52 per calendar month. Ground Rent: £75.00 per annum. Council Tax Band: C Entrance Via Entrance door to: Entrance Hall Two storage cupboards, doors to accommodation.
Lounge/Diner/Kitchen 18'2 x 13'4.
Two double glazed windows to side, range of base level units and drawers with work surfaces over, inset sink drainer unit with mixer tap, integrated Electrolux double oven and inset 4-ring gas hob with stainless stee extractor hood over, integrated fridge/freezer, integrated dishwasher, range of matching eye level cupboards with under lighting, radiator, complementary tiled splash backs, smooth ceiling with inset spotlights.
Bedroom One With En-Suite Bedroom: 14'5 x 10'2. Double glazed window to side, fitted wardrobe, smooth ceiling, door to: En-suite: Obscure double glazed window to side.
Suite comprising: Corner shower cubicle with wall mounted shower, wall mounted wash hand basin with mixer tap, low level wc with push flush.
Tiled flooring, part complementary tiling to walls, smooth ceiling with inset spotlights. Bedroom Two 13'4 x 9'11. Double glazed window to side, smooth ceiling.
Family Bathroom/wc Obscure double glazed window to side.
Suite comprising: Panelled bath with glazed shower screen, mixer tap and wall mounted shower, wall mounted wash hand basin with mixer tap, low level wc with push flush.
Heated chrome towel rail, tiled flooring, part complementary tiling to walls, smooth ceiling with inset spotlights. Exterior Communal gardens. One allocated parking space. Bike storage.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A059e89dd1db
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
Agent & docs
FAQ
About 4, Gainsborough Close, Essex
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