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See how verdicts work1-bedroom flat · SS1 2RB
For saleReduced £10k (−12.5%) on 8 AugListed 263 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom apartment situated on the first floor of a popular modern retirement development located within walking distance of local shops, bus stop and mainline railway station.
The development benefits from a residents lounge, communal gardens and resident car park to rear. Plus, part time site manager.
Needing some modernisation throughout this property is offered for sale at a realistic price and with no onward chain, viewing advised!.
Communal Entrance Hall Approached via secure entry door with entry phone system to side. Stairs rising to first floor accommodation. Door leading off to Manager’s office and communal facilities.
Lift access to floors. Corridor leading to apartment. Entrance Hall Approached via hardwood front door. Doors lead off to all rooms. Wall mounted electric heater. Wall mounted utilities.
Coved ceiling. Storage cupboard to side. Kitchen (2.7m x 2.24m (8' 10" x 7' 4")) Borrowed light window/serving hatch to rear to lounge.
Kitchen is fitted with a range of base and eye level shaker style units incorporating a rolled edge working surface. Inset stainless steel sink with mixer tap and drainer unit.
Space for free standing fridge/freezer. Space for electric oven. Space and plumbing for washing machine. Tiled splashbacks. Emergency pull cord system.
Lounge (4.27m x 3.4m (14' 0" x 11' 2")) UPVC double glazed window to front. Two wall mounted electric storage heater. Feature fireplace with wooden mantle, stone hearth and inset electric fire.
High level skirting. Coved ceiling. Emergency pull cord system. Servig hatch to front leading to kitchen. Bedroom (3.28m x 2.51m (10' 9" x 8' 3")) UPVC double glazed window front.
Wall mounted electric storage heater. Fitted storage cupboard housing hot water system. High level skirting. Coved ceiling. Emergency pull cord.
Bathroom Bathroom is fitted with a three piece suite comprising low flush WC, pedestal wash hand basin and panelled bath. Part tiled walls. Wall mounted electric fan heater. Emergency pull cord.
Wall mounted extractor fan. Parking The property benefits from a private residents car park to rear.
Communal Facilities The property benefits from a residents utility room housing two tumble dryers, wash basin. Communal Lounge Residents lounge with sliding door to communal garden.
Communal kitchen area. Communal Garden The property benefits from access to communal garden area with washing lines, paved patio area. Reminder laid to lawn with mature planted borders.
The property further benefits from on site development manager.
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.
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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 11, Pembridge Court,, Riviera Drive, Essex
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