3-bedroom flat · SS11 8GD
Listing removedListed 133 days
Opportunity summary
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About
NO ONWARD CHAIN. 3 BED 5TH FLOOR APARTMENT. WALKING DISTANCE TO TOWN CENTRE & MAINLINE STATION. LIFT ACCESS TO ALL FLOORS. SECURE GATED PARKING AND INTERCOM SYSTEM.
Situated in this popular development is this well presented 3 bedroom 5th floor apartment benefitting from 3 bedrooms, 3 piece bathroom and open plan kitchen/lounge/diner 22'11 x 13'6, The property benefits from double glazing throughout, gas fired central heating (untested), allocated parking space situated in secure gated parking area and lift access to all floors.
The property has been re-decorated and new flooring throughout. The property is offered with no onward chain. Communal Entrance Door - Communal entrance hall. Stairs and lift to all floors.
Personal door to: Entrance Hall - Video entry system (untested). Smooth plastered ceiling. Radiator (untested).
Living/Kitchen Area - 6.99m x 4.11m (22'11 x 13'6) - Double glazed French doors to balcony. Two radiators in casement surround (untested). Coved ceiling. Kitchen Area - Double glazed window.
Range of base and wall mounted units providing drawer and cupboard space with marble effect work top surface extending to incorporate inset sink unit with cupboard beneath.
Integrated dishwasher, washing machine and fridge freezer (all appliances untested). Built in oven, hob and extractor fan above (all untested). Tiled surround. Laminate effect finish to floor.
Coved ceiling. Bedroom One - 3.66m x 2.64m (12' x 8'8) - Double glazed French doors to Balcony. Radiator (untested). Mirror fronted wardrobe cupboard. Smooth ceiling.
Bedroom Two - 3.66m x 2.13m (12' x 7) - Double glazed window to front. Radiator (untested). Coved ceiling. Mirror fronted wardrobe cupboard.
Bedroom Three - 2.87m x 1.83m (9'5 x 6') - Double glazed window to rear. Coved ceiling. Built in cupboard housing gas fired boiler (untested). Bathroom - Double glazed opaque window to rear.
Suite comprising of low level WC, wash hand basin and panel enclosed bath unit with shower (untested) and screen. Part tiling to walls. Smooth ceiling. Heated towel rail (untested).
Extractor fan (untested). Gated Parking - The property benefits from one allocated parking space in secure gated parking. Bin and bike store.
Lease Information - Years Remaining approx 109 years - Ground Rent £ 200 pa - Ground Rent Review Period - Service Charge approx £2764 pa - (£691 per quarter) Service Charge Review Period - Council Tax Band: Basildon Band C subject to legal confirmation
Value & comps
No previous sales on record.
Returns
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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 Lower Southend Road, Wickford
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