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See how verdicts work2-bedroom flat · SS1 1DB
For saleReduced £10k (−3.6%) on 26 AugListed 253 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two bedroom penthouse apartment at Royal Mews offers a blend of modern living and fantastic coastal views.
Spanning 710 square feet internally and externally offering a wrap around balcony with panoramic views.
The apartment features a contemporary kitchen equipped with modern appliances, both bedrooms are generously sized, with the main suite benefiting from an en-suite shower room, while a stylish three piece main bathroom serves the second bedroom and guests alike.
One of the standout features of this property is its long lease and the added advantage of no onward chain, making it an ideal choice for those looking to move in without delay.
The location is superb, situated within a short stroll to two mainline stations, providing excellent transport links for commuters and easy access to the vibrant town centre.
This penthouse apartment is not just a home; it is a lifestyle choice, offering the perfect retreat with the allure of seaside living.
Whether you are a first-time buyer, a downsizer, or seeking a holiday home, this property is sure to impress. Don’t miss the opportunity to make this stunning penthouse your own.
Measurements Lounge - 14'7 x 12'5 (4.45m x 3.79m) Kitchen - 14'1 x 7'10 (4.31m x 2.41m) Bedroom 1 - 13'5 x 10'7 (4.11m x 3.25m) En-Suite - 6'2 x 5'7 (1.88m x 1.72m) Bedroom 2 - 13'2 x 10'9 (4.03m x 3.29m) Bathroom - 9'0 x 7'8 (2.67m x 2.36m) Interior The lounge offers a nice open plan living area with doors leading out to the balcony and access directly to the kitchen which offer integrated appliances and modern wall and base storage units.
Bedroom 1 has doors leading out to the balcony and access to a private en-suite shower room.
There is also a spacious second bedroom, three piece bathroom suite with shower over the bath and feature tiles. Exterior A triple aspect wrap around balcony with access from the lounge and bedroom 1.
There is also access to the original turret which has power. With panoramic views, the balcony is a must in the summer months.
Location Situated in the town centre with walking distance to mainline stations, local city centre shops and southend seafront.
School Catchments Barons Court Primary School / Milton Hall Primary School and Nursery.
Southchurch High School Tenure Leasehold 115 years remaining on lease Ground Rent - £250 pr yr Service Charge - £1,618.75 pr yr
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.
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FAQ
About The Drapery, No. 16, Royal Mews, Southend-On-Sea
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