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See how verdicts work2-bedroom flat · SS5 5HF
Listing removedListed 159 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated on Greensward Lane, this first-floor apartment presents an excellent opportunity for those seeking a home in a vibrant location.
With two double bedrooms and a recently fitted modern bathroom, the flat has been modernised to a high standard by the current owner.
The spacious entrance hall adds to the sense of space, making it an appealing choice for couples or small families.
The property benefits from a private gated car park, providing parking for up to four cars, ensuring convenience for residents and guests alike.
Its position in the heart of Hockley means that local amenities, shops, and schools are just a short walk away. Additionally, the proximity to the local station makes commuting straightforward.
With a leasehold tenure and 156 years remaining on the lease, this flat offers peace of mind for prospective buyers.
The combination of location and modern features makes it an attractive option at this price point.
Act quickly to secure this property before it's gone Full Description Entrance via personal double glazed entrance door to Entrance Hall Stairs to first floor accommodation.
Large under stairs storage Landing Loft Lounge (12' 2" x 10' 11" (3.71m x 3.33m)) Double glazed window to the front aspect.
Coving to ceiling Kitchen (14' 10" x 6' 11" max(4.52m x 2.11m)) Two double glazed windows to the rear aspect. Comprehensive range of modern base and eye level units.
Wood effect roll top work surfaces. Stainless steel sink drainer unit. Tiled splash backs. Integrated electric oven. Four ring gas hob. Extractor hood. Space and plumbing for appliances.
Wall mounted Valliant Combination boiler. Wood effect flooring Bedroom One (12' x 10' 11" (3.66m x 3.33m)) Double glazed window to the front aspect.
Coving to ceiling Bedroom Two (Currently Used As Dining Room) (8' 6" x 5' 8" opening up to 8' 9" x 8' 6" (2.59m x 1.73m opening to 2.67m x 2.59m)) Two double glazed windows to the front aspect.
Coving to ceiling. Two Recently Fitted Modern Bathroom Obscure double glazed window to the side aspect. Low level WC. Pedestal wash hand basin with tiled splash back.
Panelled bath with thermostatic shower over. Wood effect flooring. Part tiled walls.
Coving to ceiling Exterior The property has allocated parking for up to four vehicles in private gated car park to the rear Agents Note Lease Remaining - 156 Years Service Charge - £1,185 per year No Ground Rent
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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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
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FAQ
About Flat Flat 3, 58, Greensward Lane, Essex
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