2-bedroom house · SS6 9LL
Opportunity summary
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About
*** NO ONWARD CHAIN *** Elliott and Smith welcome you to view this charming, bright, spacious, first floor, TWO-BED APARTMENT.
Situated within the highly sought-after, over 60s, The Sheritons, located at the end of a quiet no through road. Close to: Local Shops, Amenities and Bus Routes.
An immaculately presented, well-kept, move-in-ready home boasting: Spacious Living/Dining with Bay Window; Spacious Double Bedroom with Built-in-Robes; Second Bedroom with Built-in-Storage Cupboard; Modern Fitted Kitchen; Bathroom; Plenty of Storage Throughout.
The Sheritons Complex Boasts: Manicured and Well-Maintained Communal Gardens; Salon; Library; Resident Parking; Communal Lounge; Kitchen; Kitchen; Laundry.
All apartments are internally maintained and managed on-site. This property has a very healthy remaining lease and will be sold with vacant possession. Viewings highly recommended.
ENTRANCE HALLWAY L-Shaped Hallway to Include Storage Cupboard Measuring 3' 0" x 2' 10" Intercom Entry System; Loft Access; Storage Heater; Doors to Living, Bedrooms, Bathroom.
LIVING/DINING ROOM 18' 3" (reduces to 14' 8") x 10' 3" (5.56m x 3.12m) Bright and Spacious Living/Dining Benefiting from: Double-Glazed Bay Window; Contemporary Wall-Mounted Electric Feature Fireplace; Carpeted Throughout; Storage Heater.
KITCHEN 7' 0" x 6' 6" (2.13m x 1.98m) Modern Fitted Kitchen Comprising of: Stylish Wall and Base Units; Bevelled Tile Splashbacks.
Integrated Appliances to Include: Fridge/Freezer; Neff Electric Oven; Electric Hob; Chimney Extractor Fan; Mixer Tap to One and a Half Bowl Stainless Steel Sink; BEDROOM ONE 14' 9" x 9' 10" (4.50m x 3.00m) Plus Built-in-Robes Measuring 7' x 2' 1 Spacious Double Bedroom with: Double-Glazed Window; Storage Heater; Built-in-Robes; Carpeted Throughout.
BEDROOM TWO 9' 10" x 6' 5" (3.00m x 1.96m) Double-Glazed Window: Carpeted Throughout; Built-in-Storage Cupboard Measuring 3' 8" x 2' 11" BATHROOM 6' 6" x 6' 0" (1.98m x 1.83m) Modern Fitted Three-Piece Shower Suite Comprising of: Large Corner Shower with Wall-Mounted Electric Shower; Mixer Tap to Vanity Basin; Wall-Mounted Towel Radiator; Double-Glazed Window; Fully Tiled.
ADDITIONAL INFORMATION On-Site Manager Council Tax Band B Rochford District Council 999 Year Lease with 961 Years Remaining Service Charges Approx.
£340 Per Month to Include Ground Rent On-Site Manager Communal Grounds and Gardens On-Site Residents Lounge, Hair Salon, Library
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.
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About Sheriton Square, Rayleigh, SS6
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