1-bedroom flat · SS17 0NR
For saleReduced £5k (−3.6%) on 22 AugListed 124 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*no onward chain* * long lease - 149 years remaining* *close to stanford train station (C2C) - This well maintained ground floor studio apartment is conveniently located just a short distance from Stanford-Le-Hope train station and high street with its many amenities.
This is an excellent opportunity to get onto the property ladder or for an investor looking to add to their portfolio. Ideal for commuters seeking easy access to transport links.
An early viewing is recommended to avoid disappointment.
Internally the property has been thoughtfully arranged to maximize space and natural light, the property features a open-plan living and sleeping area, which is currently separated.
The kitchen comprises a range of base and wall mounted white units, laminated work surface, stainless steel sink and drainer, space for appliances and plumbing for washing machine.
A newly fitted fully tiled white suite bathroom with jacuzzi styled bath, pedestal wash hand basin, w/c. Airing cupboard with radiator and heated towel rail.
The property additionally benefits from a combi boiler serving gas central heating, Upvc double glazed windows and off street private parking.
Lease Length - 149 Years Remaining Service Charges - £1080.00 Per Annum (Paid Quarterly) (Solicitors to confirm) Ground Rent - £76.00 Per Annum (Paid Quarterly) (Solicitors to confirm) Kitchen (3.00m x 1.63m) Parking - Off Street
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
FAQ
About Flat 4, Runnymede Court, Stanford-Le-Hope
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