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See how verdicts work3-bedroom flat · SS11 7HE
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THREE BEDROOMS - TWO ENSUITES - FAMILY BATHROOM - CLOAKROOM - SUN BALCONY - DOUBLE GARAGE - ST LUKES PARK DEVELOPMENT - 1937 square feet of accommodation over THREE FLOORS with a DOUBLE GARAGE and TWO ENSUITES plus BATHROOM and CLOAKROOM located on the ever popular ST LUKES PARK development in RUNWELL.
This property needs to be seen to be believed as it has been maintained and improved by the current owners and is one of only two on the development. This home is still under warranty with the NHBC.
Viewing is highly recommended to avoid disappointment Entrance Hall - 4.65m x 2.13m (15'3 x 7) - Part double glazed street door, storage cupboard, stairs to first floor, door to DOUBLE GARAGE, radiator, tiled floor covering Double Garage - 6.78m x 5.51m (22'3 x 18'1) - Accessed via remote controlled electric up and over door, power and light supplied, internal door to spacious entrance hall First Floor Landing - Access to accommodation, door to store cupboard Living Room - 7.01m x 5.74m (23 x 18'10) - Double glazed windows to two flanks, media shelving and cupboards to to one wall, three radiators, patio door to Juliet balcony Kitchen/Diner - 7.01m x 3.25m (23' x 10'8) - Double glazed window, patio door to SUN BALCONY, extensively fitted to ground and eye level with modern units, built in OVEN and HOB with HOOD over, INTEGRATED FRIDGE/FREEZER and DISHWASHER, ceramic tiling to floor, radiator, stone work surfaces Sun Balcony - Glazed and stainless steel railing, composite decked floor covering Cloakroom - Double glazed window, concealed flush wc, wall mounted wash hand basin, heated towel rail, under floor heating Second Floor Landing - Doors to accommodation, radiator Bedroom One - 7.01m x 3.25m (23' x 10'8) - Double glazed window and double glazed patio door to Juliet balcony, radiator , door to ENSUITE ONE Ensuite One - Double glazed window, suite comprising concealed flush wc, wall mounted wash hand basin, walk in shower cubicle, heated towel rail, underfloor heating Bedroom Two - 4.45m x 3.38m (14'7 x 11'1) - Double glazed window, radiator, fitted wardrobes, door to ENSUITE TWO Ensuite Two - Suite comprising concealed flush wc, wall mounted wash hand basin, concealed flush wc, heated towel rail, underfloor heating Bedroom Three - 3.51m x 3.28m (11'6 x 10'9) - Double glazed windows to two flanks, radiator Family Bathroom - Double glazed window, suite in white comprising bath, wall mounted wash hand basin, concealed flush wc, heated towel rail, underfloor heating, tv over bath Outside - Access to bin store and recycling point, visitors parking Lease Information - YEARS TO RUN - 242 APPROX GROUND RENT - £350 PER YEAR SERVICE CHARGE - £.1832.30 PER ANNUM ESTATE CHARGE - £432 PER YEAR Disclaimer - PLEASE NOTE - any appliances, fixtures, fittings or heating systems have not been tested by the agent as we are not qualified to do so.
We have relied on information supplied by the seller to prepare these details. Interested applicants are advised to make their own enquiries about the functionality.
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
Agent & docs
FAQ
About Rushbrook Avenue, Runwell, Wickford
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