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See how verdicts work3-bedroom flat · SS3 9GE
Listing removedListed 545 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* Guide Price £1,100,000 - £1,200,000 * Bear Estate Agents are understandably enthused to bring to the market, with no onward chain, this exquisite three-bedroom penthouse with breathtaking estuary views.
The spectacular outlook is a priceless feature year-round from the height of summer to the depth of winter.
The accommodation is deceptively spacious throughout and there is direct and exclusive lift access into your luxurious living space.
Internally this incredible home is as unique as it is luxurious with the first priceless feature being the exclusive and direct lift access straight into the living accommodation.
All homes have access to the lift but the new owner will have direct lift access into their new home. Of course, alongside the lift access is also stair access should this be desired.
Once out of the lift and within the property you will be greeted by the striking and spacious entrance hall which is flooded with natural light and provides access to all of the remaining living accommodation.
Worthy of special mention is the stunning open-plan living space which perfectly incorporates the living, dining and kitchen areas all into one.
The kitchen measures 12'6 x 12'5 with a feature island and access into the utility room, a further 6'2 x 5'2.
The open plan living and dining space measures an incredible 29'4 x 28'4 with floor-to-ceiling windows offering uninterrupted and far-reaching views over the estuary which are a priceless feature year-round, from the depths of winter through to height of summer.
The open plan living space offers the perfect environment in which to both entertain and relax.
The master bedroom measures 18'11 x 13'1 with fitted wardrobes and an en suite bathroom which measures 9'8 x 6'11, bedroom two 14'7 x 9'8 plus bedroom three which measures a further 11'7 x 9'11.
All bedrooms are comfortable double bedrooms which is a fine feature within itself. The bathroom suite measures 7'1 x 7'.
There are two large balconies, one to the front, again profiting from breathtaking views, southerly facing and one to the rear.
Both balconies are accessible off of the living space whilst the balcony to the front is also accessible off of the entrance hall and master bedroom.
Situated within the highly sought-after Shoebury Garrison which is within walking distance of local shops and amenities plus rail links direct into London.
Being sold with no onward chain, internal viewings come strongly recommended so that one can appreciate and acknowledge first-hand the time, care and attention to detail the current owners have invested into bringing this home as close to perfect as possible.
Leasehold - 103 Years Remaining. Service & Maintenance - Ground Rent - £150 pa. Council Tax Band F.
Direct & Exclusive Lift Access Into Living Space Luxurious Three Bedroom Penthouse Striking & Spacious Entrance Hall Master Bedroom (5.77m x 3.99m (18'11 x 13'1)) En Suite (2.95m x 2.11m (9'8 x 6'11)) Bedroom Two (4.45m x 2.95m (14'7 x 9'8 )) Bedroom Three (3.53m x 3.02m (11'7 x 9'11)) Bathroom Suite (2.16m x 2.13m (7'1 x 7')) Incredible Open Living Space (8.94m x 8.64m (29'4 x 28'4)) Kitchen (3.81m x 3.78m (12'6 x 12'5)) Utility Room (1.88m x 1.57m (6'2 x 5'2)) Huge South Facing Balcony (8.51m x 3.68m (27'11 x 12'1)) Further Balcony To The Rear (9.60m x 2.13m (31'6 x 7')) Breathtaking & Uniterrupted Views Allocated Secure Parking Beachfront Location Walking Distance To Local Shops & Amenities Walking Distance To Rail Links Into London No Onward Chain
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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FAQ
About 6, Parade Walk, Shoeburyness
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