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See how verdicts work4-bedroom semi-detached house · SS8 8AD
For saleListed 5 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This is a light, bright home with several rooms benefitting from multiple windows, and due to the current layout, there is plenty of space to separate out a kids play room, teenagers hangout den or indeed kit out a great study area for those that need to work from home.
There could be further opportunity to extend further subject to LPP, or reconfigure to provide more living accommodation if necessary.
The home has had some work started with some new windows and doors within the last few years, new carpeting throughout and the remodelling of the bathroom started, but what is really needed is someone with a vision to update the property further.
There is the potential to maintain the character that is found within the entrance to the home in the very large lounge/diner, but updating and making the most of the large downstairs living areas would be beneficial too.
Being centrally located the home is ideally placed for school, shopping and local retail employment.
With main bus routes running nearby, access to the rest of the Island or indeed off to Basildon, Southend or via C2C on the London Fenchurch Street line means any public transport needs are sorted within minutes.
The garden is a reasonable size, but has the additional benefit of a garden room - not fancy, but again providing options for either lots of storage, external playroom, or workshop area.
The property is located in a great rental market area, so additional benefits if you are looking for a way into the rental market.
Entrance Porch - 2.3 x 1.2 (7'6" x 3'11") - Entrance extension in place, with double glazing and UPVC doors. Access from front provided to both inside of property and garden.
Lounge - 3.7 x 4.1 (12'1" x 13'5") - Entrance into the large lounge /diner from porch. Characterful room, with distinctive exposed brick and beams throughout.
Prime for sanding and enhancing the hardwood floor beneath. Large bay window to the front, and electric fire in the fireplace.
Dining Area - 4.2 x 3.7 (13'9" x 12'1") - Open-plan room to the lounge, with access to the kitchen.
Parquet effect hardwood floor with entrance from porch coming into the room, also providing access to the stairs.
Kitchen - 3.1 x 2 (10'2" x 6'6") - Fitted kitchen with range of high gloss white high and low level units and drawers. Space for cooker, washing machine and under counter fridge.
Worktop and units both sides of the room, tiling to the walls, and vinyl flooring.
Leading to additional reception room/bedroom 4 Bedroom 4/Reception - 3.1 x 3.7 (10'2" x 12'1") - Additional double bedroom or reception room at the back of the home.
Room houses the boiler, with windows to the back garden, painted walls and newly carpeted. Bedroom 2 - 2.9 x 3.5 (9'6" x 11'5") - L-shpaed double room, narrows to 2.3m and 4m.
Painted walls and newly carpeted. Bedroom 1 - 3.6 x 4.3 (11'9" x 14'1") - Measurement into bay, width narrows to 4m.
Newly carpeted, painted walls and with bay window to the front, and additional small window to the side Bathroom - 3.3 x 2.4 (10'9" x 7'10") - Vinyl flooring, half tiled walls, white WC and double shower enclosure.
White bath with mixer tap, white hand-wash basin. Bedroom 3 - 2.4 x 2.1 (7'10" x 6'10") - Step down into the room. Dual aspect to the rear and side.
Single room with painted walls and new carpet Garden - 17 x 6.1 (55'9" x 20'0") - Reasonable sized garden. Mainly grassed area, but with large storage/garden room within. Access via side porch.
Garden Store - 4.2 x 2 (13'9" x 6'6") - Useful garden room, with window in place and electric for great outside storage area, or additional playroom/workshop. Needs finishing.
Double Driveway - 5.5 x 6 (18'0" x 19'8") - Measurements are minimum - shingle driveway to the front of the house with comfortable parking for two vehicles
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
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FAQ
About No chain - Larup Avenue, Canvey Island
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