2-bedroom flat · SS0 9TS
To rentReduced £100 (−8%) on 9 OctListed 47 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Lewis Allen Property are delighted to offer this well presented two bedroom ground floor flat.
A highly advised internal inspection will reveal a spacious hallway, huge lounge with dual aspect windows, two good sized bedrooms, ample sized kitchen and modern bathroom suite with bath and overhead shower, all of which are finished with neutral decor.
Externally this property offers ample on road parking and is within easy reach of Chalkwell Park and numerous local shops. Available from early October on an unfurnished basis. EPC rating 76.
The sole or joint income required for our referencing purposes is £35,900 per annum.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
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FAQ
About 379, Westborough Road, Westcliff-on-Sea
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