1-bedroom flat · RM18 7AZ
Listing removedReduced £15k (−9.7%) on 20 JunListed 312 days
Opportunity summary
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About
Modern 1-Bedroom Top Floor Flat – Tilbury, RM18 Guide Price: £155,000-£163,000 A well-presented top-floor one-bedroom flat offered in excellent condition and with vacant possession, making it ideal for first-time buyers or buy-to-let investors.
The property offers a bright living area, a well-proportioned bedroom, fitted kitchen, bathroom, and access to a loft for additional storage.
Additional benefits include residents’ parking and well-maintained communal gardens.
Ideally located within minutes of Tilbury Town Station, providing direct C2C rail links to London Fenchurch Street, making it an attractive option for commuters and investors alike.
Investment Highlights Estimated rental value: £1,000+ pcm Estimated gross yield: Approximately 7.1%–7.5% (based on guide price) Lease remaining: 154 years (recently renewed) Ground rent: £120 per annum Service charge: £999.99 per annum Conveniently positioned close to local shops, restaurants, healthcare facilities, gyms, and parks.
Early viewing is highly recommended. Entrance: Front door with opaque glazed side window. Entrance Hall: Textured ceiling, fitted carpet, power points, and access to all rooms.
Lounge – 13'10' x 9'5' (4.22m x 2.87m): Bright and spacious living area with double glazed window to the front, coved and textured ceiling, storage heater (untested), power points, and fitted carpet.
Kitchen – 10'4' x 8'1' (3.15m x 2.46m): Double glazed window to front, coved and textured ceiling, range of base and eye-level units with contrasting rolled-edge work surfaces, inset stainless steel single drainer sink unit with mixer tap, integrated oven and hob (untested), part tiled walls, power points, and vinyl flooring.
Bedroom – 12'1' x 9'3' (3.68m x 2.82m): Double glazed window to rear, textured ceiling, storage heater (untested), power points, and fitted carpet.
Bathroom: Opaque double glazed window to rear, textured ceiling, suite comprising panelled bath, pedestal wash hand basin, and low flush WC.
Wall-mounted heater (untested), part tiled walls, and vinyl flooring. Exterior: Communal gardens and residents’ parking located to the front of the property.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 Flat 8 Melbourne Court,, Melbourne Court, Tilbury
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