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See how verdicts work1-bedroom flat · SS5 5HF
Listing removedListed 151 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor apartment on Greensward Lane is ideally situated in the centre of Hockley, providing great accessibility to the station, shops, and bus routes.
Featuring one bedroom and one bathroom, the property is perfect for those seeking a compact living space with plenty of conveniences nearby.
The apartment benefits from its own front door, offering direct access and a sense of independence from communal entryways.
A notable feature is the driveway that provides off-street parking for up to three cars, a rare find for an apartment in this area.
The property is leasehold, with 67 years remaining on the lease, reflected in its competitive price.
Low service charges and ground rent enhance the appeal of this property as a cost-effective option for buyers. With no onward chain, the purchase process can be straightforward and efficient.
Interested buyers are encouraged to act promptly to take advantage of this opportunity in a sought-after location Entrance Hall Bedroom (11'10 x 8'10) Large Fitted Wardrobe Lounge (12'8 x 11'10) Open plan to kicthen Kitchen (10'3 x 6'7) Fitted units with space and plumbing for appliances Bathroom (6'7 x 6'3) Bath with shower over.
Low level WC.
Pedestal wash hand basin Exterior The flat has complete use of the front allowing for off street parking for up to three cars Agents Note Lease Remaining 67 Years Service Charge £1,185 per year.
Ground Rent £100 per year
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.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Flat 1, 58, Greensward Lane, Hockley
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