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See how verdicts work2-bedroom flat · SS2 6FP
For saleListed 201 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
2 Double Bedrooms | High Spec Apartment | 0.1 Miles to Station | Turn-Key Condition A fantastic opportunity to purchase this high-specification, two-bedroom apartment situated on the second floor.
Ideally positioned just 0.1 miles from Southend Victoria station, offering direct links to London Liverpool Street, the property is also within walking distance of Southend Central station (C2C line to London Fenchurch Street), the High Street and the seafront.
This is a larger than average apartment, finished to a high standard throughout and ready to move straight into.
The accommodation begins with a spacious L-shaped entrance hall, providing excellent built-in storage and access to all rooms, along with a separate utility room offering plumbing for a washing machine and additional storage - a rare and highly practical feature.
The main living space is a bright double-aspect open-plan kitchen/reception room, creating a particularly light and airy environment with ample space to relax and dine.
The modern kitchen is fitted with integrated appliances and a good range of storage and worktop space.
There are two well-proportioned double bedrooms, both finished with quality carpets, while the modern bathroom is fitted with a three-piece suite including a shower over bath and heated towel rail.
Further benefits include engineered wood flooring throughout the main living areas, secure entry system, lift access to all floors and a long lease (approx. 117 years remaining).
Offered at a competitive price, this is a turn-key home in a prime commuter location, with everything on your doorstep.
Service charge: £ 290 pcm (approx.) Ground rent: £16.67 pcm (approx.) Council Tax: Band C
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
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FAQ
About Richmond House, Victoria Avenue, Southend-On-Sea
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