We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SS8 0QA
For saleReduced £10k (−4.5%) on 28 OctListed 387 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Charming Two-Bedroom Apartment in the Historic “King Canute, ” Canvey Island Originally built in 1937, the iconic King Canute building on Canvey Island has been beautifully repurposed into two elegant apartments and a stylish commercial space.
This exceptional two-bedroom apartment perfectly combines original character features with a sleek, modern finish.
Inside, you’ll find high ceilings and spacious double bedrooms, each showcasing the building’s period charm while offering a bright, contemporary atmosphere.
The open-plan living area flows seamlessly into a modern fitted kitchen, fully equipped with integrated appliances - including an oven, dishwasher, washing machine, and fridge-freezer - making it ideal for both everyday living and entertaining.
The bathroom is generously sized and features a built-in bath, toilet, and sink, finished to a high standard.
Double doorsfrom the living space open onto a private balcony, providing the perfect spot to enjoy the sunshine.
In addition, residents benefit from access to a communal outdoor terrace, offering extra space to relax and unwind.
With designated resident parking, local shops, and excellent transport links all within easy reach, this apartment offers a rare blend of convenience, style, and historic charm.
A highly desirable home in a prime Canvey Island location, the King Canute Apartments capture the perfect balance between classic character Living Room (17.3 x 14.3) Kitchen (9.1 x 9.0) Bathroom (9.3 x 8.8) Bedroom 1 (13.7 x 10.2) Bedroom 2 (9.6 x 14.6)
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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 Flat Flat B, 8, Canvey Road, Canvey Island
Explore nearby