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See how verdicts work2-bedroom flat · SS1 1PT
Sold STCListed 274 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* £165,000 - £185,000 * NEW LEASE ON COMPLETION - NO ONWARD CHAIN - TWO DOUBLE BEDROOM GROUND-FLOOR FLAT IN CENTRAL SOUTHEND-ON-SEA, BENEFITTING FROM DIRECT ACCESS TO A COURTYARD GARDEN.
BOASTING A STYLISH KITCHEN AND BATHROOM. IN NEED OF SOME REMEDIAL IMPROVEMENT.
A versatile and well-located two double bedroom ground-floor flat offered with the benefit of a new lease on completion and direct access to a private rear garden.
Positioned on the ever-convenient Princes Street, the property is ideally placed within easy reach of Southend mainline stations, providing direct links into Central London, as well as Southend High Street, seafront, and a wide range of local amenities.
Internally, the flat features a stylish fitted kitchen and modern bathroom, with well-proportioned accommodation throughout.
There is excellent scope to reconfigure the layout, with potential to open the lounge into the kitchen to create a generous open-plan living space, subject to the usual consents.
The property would benefit from some remedial works, including addressing a damp-related issue, which has been reflected in the pricing and presents an ideal opportunity for purchasers looking to add value and personalise a home to their own specification.
An attractive option for first-time buyers, investors, or downsizers seeking space, outdoor access, and a central Southend location.
Two Double Bedroom Ground-Floor Flat - Entrance Hallway - Bedroom One - 3.96m x 3.76m (13' x 12'4) - Bedroom Two - 3.53m x 3.20m (11'7 x 10'6) - Lounge - 3.43m (max) x 3.28m (max) (11'3 (max) x 10'9 (max) - Kitchen - 3.28m x 3.07m (10'9 x 10'1) - Bathroom - 1.83m x 1.78m (6' x 5'10 ) - Direct Access To Section Of Rear Garden -
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 Princes Street, Southend-On-Sea
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