2-bedroom flat · SS8 9HU
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IDEAL FOR A FIRST TIME BUYER OR AN INVESTOR IS THE FOLLOWING 2 DOUBLE BEDROOM 1ST FLOOR FLAT WALKING DISTANCE TO LOCAL PRIMARY SCHOOLS, SHOPS AND MAIN BUS ROUTES.
AN INVESTOR WOULD ACHIEVE £1300pcm AS A RENTAL MAKING THIS A GREAT YIELD. It's rare that flats of this size come onto the market and we strongly recommend a viewing as soon as possible.
Off the first floor landing are 2 Double bedrooms, a 17'8 Spacious Lounge, a 12' Kitchen, a separate 2 piece Shower room and W/c. This property also benefits from its own rear Garden.
VIEWINGS COME HIGHLY RECOMENDED.
Council Tax Band: A (Castle Point Council) Tenure: Leasehold (118 years) Ground Rent: £10 per year Service Charge: £76 per month The maintenance charge includes the buildings insurance Lounge 17'8 x 11'9 Kitchen 12' x 8' Bedroom 1 14' x 12' Bedroom 2 11'6 x 8'7
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
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FAQ
About West Crescent, Canvey Island
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