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See how verdicts work2-bedroom flat · SS1 2LR
For saleReduced £10k (−6.3%) on 21 JunListed 345 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefit from easy routes into London and a 138-year lease, making it an excellent choice for first-time buyers.
Located on Southchurch Road in the vibrant area of Southend-on-Sea, this residential property is perfect for those seeking an affordable first home.
The property boasts two double bedrooms, providing ample space for comfort and relaxation. A sizable lounge offers a welcoming area for both entertaining and everyday living.
The fitted kitchen comes with modern appliances, ensuring all your culinary needs are met. This property includes one parking space, adding convenience to your daily routine.
With no onward chain, the buying process is simplified, allowing for a smoother transition into your new home.
Southend-on-Sea offers excellent transport links with easy routes into London, ideal for commuters.
The area is home to various amenities and attractions, enhancing your lifestyle with plenty of leisure options. With a 138-year lease, this property represents a secure investment for the future.
Tenure: Leasehold Remaining Lease: 138 Years Service Charge: £2,500pa Ground Rent: £50pa Council Tax: A (£1,436 p/yr) This property is an unmissable opportunity for first-time buyers looking to step onto the property ladder.
Its combination of location, features, and affordability makes it a rare find in today's market. Act quickly to secure this home and take advantage of its many benefits
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
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FAQ
About Flat Flat 9, Montague Buildings, Southchurch Road, Southend-on-sea
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