Studio flat · SS0 8DG
For saleListed 24 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
***** INVESTMENT OPPORTUNITY ****** ENTIRE FREEHOLD PURCHASE OF THIS SUBSTANTIAL TWO STOREY PROPERTY COMPRISING OF TWO SELF-CONTAINED FLATS CURRENTLY PRODUCING A RENTAL INCOME OF CIRCA £2700 PER CALENDAR MONTH.
Located close to Westcliff Station, the Seafront and Hamlet Court Road with parking to the front and the Ground Floor Flat having its own Private Garden.
This block of 2 flats is available to purchase individually or as part of a larger portfolio totalling 8 units.
The complete portfolio includes this block, and two additional multi-unit blocks, offering an excellent opportunity for investors 10 Meteor Road - THREE BEDROOM GROUND FLOOR FLAT GAS CENTRAL HEATING ALLOCATED PARKING SPACE PRIVATE REAR GARDEN SPACIOUS ACCOMMODATION THROUGHOUT 10A Meteor Road - THREE BEDROOM FIRST FLOOR FLAT GAS CENTRAL HEATING ALLOCATED PARKING SPACE GREAT SIZED KITCHEN SPACIOUS LOUNGE Council Tax Bands - 10 METEOR ROAD - BAND B 10a METEOR ROAD - BAND B Agents Note - SOME PHOTOS WERE TAKEN BEFORE THE CURRENT TENANTS MOVED IN AND ARE FOR ILLUSTRATION PURPOSE ONLY
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 Meteor Road, Westcliff On Sea, Essex
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