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See how verdicts work2-bedroom house · SS1 3DW
For saleListed 30 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With no onward chain, Goldings are delighted to offer for sale this immaculate retirement apartment.
Located on the ground floor and opening onto the communal gardens, the property benefits from two bedrooms (En-suite W.C.
To master), a lounge / diner that links directly with the kitchen and a luxury shower room. Waters Mead is a much sought after complex offering superb retirement living.
For peace of mind, there is a building manager on site and all rooms have pull cord alarms in case of an emergency.
The block is well maintained and has a welcoming residents lounge, laundry room, parking and communal gardens.
Perfectly located only a short stroll from the seafront and also within walking distance of Thorpe Bay shops and train station, this would suit anyone looking to downsize for a slower pace of life.
Please call for further details. Communal Entrance A spacious and inviting reception hall approached via security entry front door with door to flat.
Property Entrance Secure private door links directly with : Recepton Hall Reception hall with wall mounted entry phone system and emergency pull cord.
Two storage cupboards, one housing electric fuse board and the other houses the 'Ariston' Hot water system with wooden shelving to side.
Doors to : Lounge / Diner 18' 8" x 10' 5" (5.7m x 3.18m) A double glazed French door with full height side windows opens onto the communal front garden with patio area.
Feature fireplace with electric fire.
Open Archway to : Kitchen 10' 4" x 5' 7" (3.15m x 1.7m) A modern kitchen comprising a range of full height, eye and base level storage units complemented by the square edge work surfaces with inset sink and mixer tap.
Tiled splashbacks. Inset hob under extractor. Built-in oven. Space for freestanding fridge-freezer. Wall mounted extractor fan.
Bedroom One 16' 0" x 8' 8" (4.88m x 2.64m) Double glazed window to front aspect. This room benefits from some built-in wardrobes / bedroom storage. Courtesy door to : En-Suite Comprises low level W.C.
And pedestal wash hand basin. Towel radiator. Extractor fan. Bedroom Two 11' 5" x 7' 2" (3.48m x 2.18m) Double glazed window to front aspect.
Shower Room A fully tiled room comprising large walk-in shower with glass screen, low level W.C. With concealed cistern and a wash hand basin set in large storage unit. Towel radiator. Extractor fan.
Communal Facilities The development benefits from a fun and sociable communal lounge, communal laundry and guest bedroom suite. Parking Communal car park to the rear of the development.
Communal Gardens The development benefits from beautifully established communal gardens which are laid to lawn with planted beds and borders. Maturing shrubs. Patio areas with seating.
Agents Note All rooms have modern slimline electric glass panelled heaters which can be controlled by a smart phone, a remote or manually. Lease length - 88 years remaining.
Annual service charge for 2026 - £3778.39
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
Agent & docs
FAQ
About Flat 5, Waters Mead, Thorpe Hall Avenue, Thorpe Bay
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