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See how verdicts work2-bedroom property · SS4 1PU
Listing removedListed 282 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Horizon Estate Agents are pleased to bring to market this spacious two double bedroom ground floor retirement apartment for over 60's, located in the sought after Ormond House development.
The property comprises of two double bedrooms one with fitted wardrobes, large living room with space for lounge and dining area, a fitted kitchen with integrated appliances and a shower room.
The development benefits from a 'Careline' emergency pull cord system and house manager, residents lounge, laundry room, communal garden, communal car park and a guest suite.
Located within walking distance of Rochford Railway Station, shops and amenities. Internal viewing is essential. Communal Entrance - Communal entrance door with security entry system.
Entrance Hall - Coving to smooth plastered ceiling, security entry phone, two storage cupboards, storage heater, power points, carpeted.
Lounge - 6.88m' x 3.28m' (22'7' x 10'9') - Upv double glazed window to rear aspect, coving to smooth plastered ceiling, feature electric fireplace, storage heater, power points, carpeted.
Kitchen - 2.57m' x 2.29m (8'5' x 7'6) - A range of eye and base level units with working surfaces over, integrated oven, inset stainless steel sink with drainer unit, four ring electric hob with extractor fan over, integrated fridge, integrated freezer, upvc double glazed window to rear aspect, part tiled walls, vinyl flooring, coving to smooth plastered ceiling.
Bathroom - Three piece suite comprising walk in shower cubicle, close coupled w.c, vanity unit wash hand basin, tiled walls, heated towel rail, extractor fan, tiled effect flooring, coving to smooth plastered ceiling.
Bedroom One - 4.75m x 2.90m (15'7 x 9'6) - Upvc double glazed window to rear aspect, coving to smooth plastered ceiling, fitted wardrobes, storage heater, power points, carpeted.
Bedroom Two - 4.75m' x 2.82m (15'7' x 9'3) - Upvc double glazed window to rear aspect, coving to smooth plastered ceiling, storage heater, power points, carpeted.
Communal Areas - House manager, resident's lounge, resident's laundry room, communal garden area, resident's car park, guest suite available at a nightly charge.
Additional Information - Lease term - 106 Years Remaining Ground Rent - £495 Per Annum Service Charge - £6058.76 Per Annum Council: Rochford District Council Council Tax - Band C Agents Notes - We recommend our customers use our panel of Conveyancers.
It is your decision whether you choose to deal with our panel of Conveyancers but you are under no obligation to do so.
You should know that we would receive a referral fee of £150 per transaction from them for recommending you to them.
Should you arrange a Mortgage through our recommended mortgage advisor, of which there is no obligation.
We will receive a commission fee, the amount of commission will depend on the size of the loan and any associated insurance products that you decide to take.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Ormond House, Roche Close, Rochford
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