3-bedroom house · SS1 1BH
For saleReduced £20k (−5%) on 6 AugListed 114 days
Opportunity summary
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About
* No Onward Chain * Perfect Investment Opportunity * A rare freehold investment opportunity comprising three self-contained studio flats arranged over three floors, ideally positioned in the heart of Southend-on-Sea within walking distance of the city centre, seafront, and major transport links.
This substantial terraced property offers an excellent opportunity for investors, comprising three studio apartments within a freehold building.
Accessed via a communal entrance, the accommodation is arranged across the lower ground, ground, and first floors.
All three units benefit from double glazed windows and gas central heating, presenting an attractive proposition for those seeking a ready-made addition to a property portfolio.
Situated on Clarence Street, the property enjoys an exceptionally convenient location within walking distance of Southend's wide array of shops, restaurants, and leisure facilities.
Excellent bus connections and both Southend Central and Southend Victoria Train Stations are close by, whilst the seafront, parks, and further amenities are all easily accessible.
Flat 1 - Lower Ground Floor The lower ground floor apartment features a bay fronted studio room with useful storage space, a spacious kitchen with direct access to the rear garden, a large storage cupboard, and a three-piece shower room.
Studio (4.70m x 4.67m (15'5 x 15'4)) Kitchen (4.17m x 2.29m (13'8 x 7'6)) Shower Room (1.96m x 1.37m (6'5 x 4'6)) Direct Access To Private Garden Flat 2 - Ground Floor The ground floor apartment comprises a bright bay fronted studio room which opens into a kitchen, alongside a three-piece shower room.
Studio (3.73m x 3.48m (12'3 x 11'5)) Kitchen (3.20m x 3.05m (10'6 x 10'0)) Shower Room (2.29m x 1.42m (7'6 x 4'8)) Flat 3 - First Floor The first floor is a further studio apartment, which offers an open plan layout with a kitchen area and a three-piece shower room.
Studio (4.70m x 3.96m (15'5 x 13'0)) Kitchen (2.29m x 2.29m (7'6 x 7'6)) Shower Room (2.29m x 1.40m (7'6 x 4'7))
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 39, Clarence Street, Southend-on-Sea
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