2-bedroom flat · SS1 3NJ
Sold STCListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN This wonderful two double bedroom apartment is situated on the first floor of this popular purpose built development, located in the heart of the Burges Estate.
The beach, Broadway shops and mainline railway station are all nearby.
This larger than average apartment has been greatly improved throughout and is presented to a standard that would allow a buyer to move straight in.
This spacious apartment benefits from a brand new kitchen and bath/shower room along with a useful additional cloakroom/wc.
The large lounge leads on to a well proportioned balcony which can also be accessed via the master bedroom.
Externally there are well maintained communal gardens with this apartment benefitting from a garage and residents parking to the front.
Please note that the AML fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
Communal Entrance Hall A bright and welcoming communal entrance hall approached via security entry front door. Stairs leading to the first floor.
Feature new oak wooden door with obscure side window. Entrance Hall Security entry phone. Built in cupboard housing the utilities and boiler. Radiator. Textured ceiling with coved cornice.
The vendor has informed us that the boiler was installed approximately three years ago.
Kitchen 2.62m x 3.18m A new fitted kitchen comprising of a comprehensive range of modern base and wall level units with feature curved wall cupboard and drop down storage.
Feature wooden square edged counter tops with an inset porcelain style sink drainer unit with mixer tap over. Built in AEG oven/grill and AEG microwave. Inset AEG electric hob with extractor fan over.
Space for upright fridge/freezer and washing machine. Modern tiled splashbacks. Double glazed window to rear. Sliding glazed door to entrance hall. Inset lighting to ceiling.
Lounge 4.78m x 4.37m Double glazed window to front with additional double glazed sliding patio door leading on to the balcony. Smooth ceiling with coved cornice, radiator.Door to inner hallway.
Inner Hallway Built in shelved storage cupboard. Access to both double bedrooms, bath/shower room and additional cloakroom W/c.
Bedroom One 3.12m x 4.37m A dual aspect room with double glazed windows to the front and side. Door with double glazed inserts leading on to the balcony.
Smooth ceiling with coved cornice, radiator. Built in double wardrobe with storage above. Bedroom Two 3.66m x 2.64m Double glazed window to rear overlooking the communal gardens.
Smooth ceiling with coved cornice, radiator. Built in wardrobe with storage above.
Four Piece Bath/Shower Room A new four piece suite comprising of a part glazed shower cubicle with MIRA electric shower over.
Panelled bath with chrome mixer tap incorporating a shower attachment. Push button low level WC and vanity wash basin with chrome mixer tap over and storage below. Chrome heated towel rail.
Inset lighting to ceiling, extractor fan. Double glazed obscure window to rear. Additional Cloakroom/Wc Comprising of a modern push button low level wc with saniflow style system.
Exterior Communal Gardens Communal gardens to the rear. Garage Located in a block to the rear of the apartments.
Agents Note The vendor has informed us that the ceilings have been re-plastered, the property has been re-decorated and re-carpeted.
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 Dungannon Chase, Thorpe Bay, Essex, SS1
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