1-bedroom flat · SS1 3UE
Sold STCListed 227 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Abbotts are delighted to welcome to welcome to the market this fantastic purpose built retirement apartment, part of the popular ‘Nevyll Court’ development and occupying delightful first floor position overlooking the beautifully maintained residents gardens, to make fabulous home with excellent access to local amenities, ideal for those seeking to downsize in comfort.
This marvellous property for ages 60 and over, enjoys all round, bright, well design and well proportioned accommodation comprising, a generous living room with lounge and dining space, a double bedrooms with built-in wardrobes, a fitted kitchen and a fitted bathroom with a shower over the bath arrangement.
The property is available with No Onward Chain and further benefits from a large built-in storage cupboard, an emergency pullcord system and a house manager, electric storage heating and many communal facilities that includes a spectacular residents garden, lounge and laundry room.
This convenient location offers Thorpe Bay’s Broadway and station set within a short stroll, along with easy access to Thorpe Bay’s Seafront, the popular Thorpe Bay sport & leisure clubs and is well connected for the bustling Southend City centre.
An early viewing comes highly recommended to avoid missing out on this wonderful opportunity.
Entrance Communal front door with an intercom entry system, communal entrance lobby with the house managers office and a lift to the first floor, communal landing leading to the apartment front door.
Entrance Hall Front door opening to the communal landing, large storage/airing cupboard, coved celling, intercom entry receiver with an emergency pullcord.
Living Room 6.05m x 3.28m 19'10" x 10'9" - Lounge and dining space, uPVC double glazed window overlooking the residents garden, coved ceiling, wall lights, electric storage heater, emergency pullcord, double doors opening to the kitchen.
Kitchen 2.46m (max) x 2.3m - 8'1" (max) x 7'7" - Fitted wall and base level units and drawers, rolled edge work surfaces, inset sink and drainer unit with a mixer tap, waist height electric oven, electric hob with an extractor over, undercounter spaces for a fridge and freezer, uPVC double glazed window overlooking the residents garden, coved ceiling, tiled splashbacks, wall mounted electric fan heater, emergency pullcord.
Bedroom 4.78m x 2.8m 15'8" x 9'2" - UPVC Double glazed window overlooking the residents garden, built-in wardrobes, coved ceiling, wall lights, electric storage heater, emergency pullcord.
Bathroom 2.08m x 1.7m 6'10" x 5'7" - Panel enclosed bath with a mixer tap, shower attachment and a glass screen, low level W/C, wash hand basin with a vanity unit, tiled walls, coved ceiling, electric heated towel rail, wall mounted electric fan heater, emergency pullcord, emergency call button.
Communal Residents Facilities House manager and emergency call system, communal residents lounge, communal laundry room, on site guest suite, beautifully maintained communal gardens, communal car park.
Agents Note Lease length - 96 years remaining Ground Rent - £256 per half year Service Charge - £1,380 per half year Exit Fee - 2% of sale price Council Tax - Band C
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.
Area
Agent & docs
FAQ
About Station Road, Thorpe Bay, Essex, SS1
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