House · SS1 2BZ
To rentReduced £50 (−9.1%) on 16 OctListed 217 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The room is part of a House in Multiple Occupation (HMO), providing a communal atmosphere that is ideal for individuals looking to connect with others while enjoying their own private space.
The room itself is basic yet functional, making it a perfect choice for those who appreciate simplicity and convenience.
Residents will benefit from shared kitchen and bathroom facilities, fostering a sense of community among tenants.
The shared kitchen is well-equipped, allowing for easy meal preparation and social interaction.
One of the advantages of this arrangement is that tenants are responsible for their own electric, while the landlord covers the cost of water & council tax bills, providing a straightforward and manageable living situation.
This setup is particularly appealing for those who are budget-conscious and prefer to have control over their personal expenses.
Located in Southend-On-Sea, this property is ideally situated to take advantage of the local amenities, including shops, restaurants, and public transport links, making it easy to explore the surrounding area.
Whether you are a student, a young professional, or simply seeking a new living arrangement, this room offers a practical and economical solution in a lively and welcoming community.
Tenants Criteria: Annual Income Required - £18,750 per annum. Accepted Forms of Income - Salary, Pensions, Child Tax Credit, Child Benefits £18,750 of accessible savings will also be accepted.
No Adverse Credit History Bedroom (3.66m x 3.20m (12' x 10'6)) Communal Kitchen Communal Bathroom Agents Note Tenant to pay for own electric usage.
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
Agent & docs
FAQ
About Room 1, 57, York Road, Southend-On-Sea
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