2-bedroom flat · SS1 1LH
Sold STCListed 799 days
Opportunity summary
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About
Two Bedroom Split Level Flat Investors only! Being sold with a tenant in situ currently paying £1050 per calendar month.
A two bedroom first floor split level apartment situated in Southend City Centre and within walking distance to the High Street shops, train station with direct routes into London and seafront.
Having good size lounge open plan to modern fitted kitchen, WC, two generous size bedrooms and modern four piece bathroom suite. Viewings advised.
/ Good Size Two Bedroom Split Level Flat / Excellent Condition / Large Open Plan To Modern Fitted Kitchen / W.C / Two Bedrooms / Four Piece Bathroom Suite / UPVC Double Glazing Throughout / Town Centre Location / Walking Distance To Station, Seafront & Amenities / Investors Only / Being Sold With Tenant In Situ Currently Paying £1050pcm / Viewings Advised Secure communal entrance door opening to communal lobby, stairs leading to first floor, entrance door to: Entrance Hall \ Fitted carpet, radiator, entry phone, understairs storage cupboard, doors to WC and lounge, stairs leading to second floor.
Lounge 15’11 x 9’7 \ Two double glazed windows, two radiators, power points, smooth plastered ceiling with inset spotlights, fitted carpet, open plan to: Kitchen 8’2 x 7’8 \ Modern fitted kitchen comprising white gloss units at both eye and base level with square edge work surface over, integrated oven with four ring electric hob and extractor fan above, integrated one and a half sink and drainer with stainless steel mixer tap, integrated appliances including fridge/freezer, washing machine and dishwasher, integrated wine rack.
W.C \ Two piece white suite comprising of low level WC and wall mounted corner sink unit with chrome mixer tap, radiator, half level white tiled walls, wood effect flooring, smooth plastered ceiling with inset spotlights, wall mounted mirror.
Second Floor Landing \ Fitted carpet, radiator and power points, doors to accommodation off.
Bedroom One 11’5 x 8’9 \ Double glazed window, radiator, power points, smooth plastered ceiling with inset spotlights, fitted carpet, integrated storage cupboard.
Bedroom Two 9’11 x 7’ \ Double glazed window, radiator, power points, smooth plastered ceiling with inset spotlights, fitted carpet.
Bathroom \ Four piece white suite comprising of panelled bath with chrome mixer tap, vanity unit with mixer tap and storage, fully tiled corner shower unit with wall mounted shower, rainfall shower head and handheld shower attachment, low level WC, radiator with thermostatic valve, chrome heated towel rail, wood effect flooring.
Lease Info \ 125 years from and including 1 January 2016 please note:- We recommend our customers use our panel of Conveyancers/Solicitors.
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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.
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FAQ
About Flat 3, 119 High Street, Essex
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