2-bedroom house · SS4 1PU
For saleReduced £10k (−6.7%) on 2 OctListed 111 days
Opportunity summary
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About
* Retirement Flat for Over 60s * A spacious two-bedroom ground floor retirement apartment for the over 60s, offering excellent on-site facilities, generous living accommodation, and a convenient Rochford location within walking distance of amenities and transport links.
Situated within the popular Ormand House retirement development, this well-proportioned ground floor apartment has been designed exclusively for the over 60s, offering comfortable, secure, and independent living.
The accommodation begins with a welcoming entrance hall, complete with ample built-in storage.
The spacious lounge/diner provides a comfortable living and entertaining space and leads through to a generous fitted kitchen.
There are two well-proportioned double bedrooms, alongside a modern three-piece shower room. Further benefits include double glazing and electric heating.
Residents of Ormand House enjoy a range of excellent communal facilities, including a residents' lounge, laundry room, beautifully maintained communal gardens, and a residents' car park.
An on-site manager provides additional peace of mind, whilst emergency pull cords are installed throughout the apartment.
The development also offers the convenience of a guest suite, allowing family and friends to book accommodation when visiting.
Ormand House is situated in Roche Close, Rochford, just minutes from a variety of local amenities, bus links, and Rochford Train Station, making it easy to enjoy the town centre and excellent transport connections.
Two Bedroom Ground Floor Retirement Flat Entrance Hall (4.19m x 2.06m (13'9 x 6'9)) Lounge/Diner (7.09m x 3.18m (23'3 x 10'5)) Kitchen (2.29m x 1.96m (7'6 x 6'5)) Bedroom One (4.72m x 2.90m (15'6 x 9'6)) Bedroom Two (3.18m x 2.79m (10'5 x 9'2)) Three Piece Shower Room (2.03m x 1.68m (6'8 x 5'6)) Storage Residents Lounge Residents Laundry Room Guest Room Available To Book Communal Garden Residents Car Park
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 Flat 2 Ormond House, Roche Close, Rochford
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