Modern Method of Auction
Auction date not yet published
2-bedroom flat · SS8 0JN
For saleListed 137 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary Being sold via Secure Sale online bidding. Terms & Conditions apply.
Accommodation comprises open plan lounge/diner/kitchen, 2 good size bedrooms, bathroom, spacious hallway, communal hallway, veranda, communal day room, communal gardens and communal parking Council Tax Band: C (Castle Point Council) Tenure: Leasehold (115 years) Ground Rent: 379 per year Service Charge: 355 per month 700 per annum for building insurance Introduction Hamilton court is a delightful managed property that is located in the heart of Canvey, making it convenient for all local amenities.
The property is located on the ground floor, at the back of the development and benefits from a stunning view, from it's veranda, of the communal gardens.
The home is currently vacant so viewings can be conducted straight away and with no onward chain, this should be a straight forward, stress free move!
Accommodation Access to the property is gained by passing through the communal hallway, into your own central hall, and a entry phone system is provided giving you extra security!
Once inside the property you immediately notice the space on offer, even in the hallway. The hall provides access to all of the accomodation.
The open plan layout of the lounge, diner and kitchen areas gives a real sense of space as soon as you enter this part of the home, and the doors leading out your own veranda only emphasis this further.
The kitchen itself provides an expanse of units in a medium oak effect, as wall as ample work surfaces with inset sink unit and hob. Built in oven, and other appliances to remain.
This is all finished in complimentary tiling adding to the clean feel of the kitchen. Both bedrooms are a great size, with bedroom one also boasting fitted wardrobes.
Competing the internal accomodation is a four piece bathroom with bath, shower cubicle, hand basin and toilet Outside As previously mentioned the property benefits from it's own veranda which overlooks the well maintained communal areas, including the gardens and communal meeting point.
There is a day room for all residents to socialise and relax There is also communal parking.
Measurements and other features Lounge/diner/kitchen: 22'6 x 11'1 Bedroom 1: 14'2 x 10'2 Bedroom 2: 8'7 x 7'0 Bathroom Spacious entrance hall Veranda Communal hall.
Day room, gardens and parking Electric heating Double glazing For sale through Pattinson Auction under Conditional Terms.
Council Tax Band: C Tenure: Leasehold Length of Lease: 115 Annual Ground Rent Amount: 379.00 Annual Service Charge Amount: 4,320.00 Auctioneers Additional Comments Pattinson Auction are referred to as The Auctioneer.
This auction lot is being sold by either conditional (Modern) or unconditional (Traditional) auction terms and overseen by The Auctioneer.
The method of auction sale and the applicable terms and conditions are found on the lot page of this property on The Auctioneers website.
The property is available to view strictly by appointment only via any Marketing Agent or The Auctioneer.
Please be aware that any enquiry, bid or viewing of the subject property will require your details to be shared between any marketing agent and The Auctioneer so that matters can be dealt with effectively.
The property is being sold via a transparent online auction. To submit a bid, all bidders must adhere to a verification of identity process in line with Anti Money Laundering procedures.
Bids can be submitted at any time and from anywhere.
Auctioneers Additional Comments The advertised price is commonly referred to as a Starting Bid or Guide Price and is accompanied by a Reserve Price.
The Reserve Price is confidential to the seller and The Auctioneer and will typically be within a range above or below 10% of the Guide Price or Starting Bid. These prices are subject to change.
An auction can be closed at any time, with The Auctioneer permitting the property (the lot) to be sold prior to the end of the auction.
A Legal Pack associated with this property is available to view upon request and contains details relevant to the legal documentation, enabling all interested parties to make an informed decision prior to bidding.
The Legal Pack will also outline the buyers obligations and sellers commitments.
It is strongly advised that you seek the counsel of a solicitor prior to proceeding with any property and/or Land Title purchase.
Auctioneers Additional Comments In order to secure the property and ensure commitment from the seller, upon exchange of contracts the successful bidder will be expected to pay a non-refundable deposit equivalent to 5% of the purchase price.
The deposit will form part of the purchase price.
A non-refundable reservation fee of up to 6% inc VAT (subject to a minimum fee which could be up to 7,200 inc VAT) is also payable upon agreement of sale.
The Reservation Fee is in addition to the agreed purchase price, and consideration should be given by the purchaser to any Stamp Duty Land Tax liability associated with the overall purchase costs.
Both the Marketing Agent and The Auctioneer may consider it necessary or beneficial to pass customer details to third-party service suppliers, from whom a referral fee may be received.
There is no requirement or obligation to use any recommended suppliers or services.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Flat 12 - 120, Long Road, Canvey Island
Explore nearby