We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SS9 2BP
Sold STCListed 261 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* SEA VIEWS * SHARE OF FREEHOLD * HEATING & HOT WATER COVERED IN SERVICE CHARGE * A studio flat in the striking Art Deco building located in the heart of Leigh-on-Sea, just moments from the vibrant Leigh Broadway with its array of shops and eateries.
Ideally positioned within walking distance of Leigh Station, Old Leigh, and the beachfront, this property is the perfect first-time buy or investment opportunity with an approximate rental figure of £850pcm.
It also benefits from double glazing, long, healthy lease and offers breathtaking views across the Thames Estuary.
Perfectly situated along Broadway West, the property provides easy access to local shops, bars, restaurants, and transport links, offering exceptional convenience and lifestyle appeal.
Lease: 165 years remaining. Service Charge/Building Insurance/Ground Rent: £2,325.86 per annum. Heating & Hot Water is included in the Service Charge which is a very valuable benefit.
Council Tax Band: A. Strictly no pets. REF: 3604 Lounge Area 12'4 x 12 Bed Area 8'4 x 8 Separate Kitchen 6' x 4'
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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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
FAQ
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