1-bedroom flat · SS1 3UE
For saleReduced £18k (−12.2%) on 11 JulListed 397 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A lovely one bedroom retirement apartment situated on the second floor of this popular modern development located within a short stroll to the Broadway shops, buses and mainline railway station.
The flat benefits overlooks the beautifully established communal garden is Offered for Sale with No Onward Chain, a Must View!
Communal Entrance Hall Approached via security entry front door with stairs and lift to second floor. Door to flat. Entrance Hall Doors lead off to all rooms. Access to loft space.
Storage cupboard to side housing hot water cylinder. Fitted wooden shelving. Wall mounted entry phone system. Wood effect laminate flooring. Coved cornice to ceiling.
Lounge (4.5m x 3.05m (14' 9" x 10' 0")) UPVC double glazed to window to overlooking communal rear garden. Wall mounted storage heater. Wood effect laminate flooring. Coved cornice to ceiling.
Double wooden doors with inset glazed panels provides access to the: Kitchen (2.2m x 1.7m (7' 3" x 5' 7")) UPVC double glazed window to side.
Kitchen is fitted with a range of base and eye level units incorporating a rolled edge working surface with inset stainless steel sink with mixer tap.
Inset four burner ceramic hob with extractor hood above. Integrated fan assist oven. Space for under counter fridge and freezer. Tiled splash back. Wall mounted fan heater.
Wood effect laminate flooring. Coved cornice to ceiling. Bedroom (3.76m x 2.67m (12' 4" x 8' 9")) UPVC double glazed window to rear overlooking communal rear garden. Wall mounted storage heater.
Range of fitted wardrobe units. Wood effect laminate flooring. Coved cornice to ceiling.
Shower Room Fitted with a modern three piece suite comprising low flush WC, wash hand basin with mixer tap and storage cupboard beneath and large low level shower cubicle with glass shower screen.
Wall mounted electric shower with adjustable showerhead. Fitted mobility seat. Mobility had grab rail. Wall mounted heater. Wall mounted extractor fan. Tiled effect vinyl flooring. Fully tiled walls.
Coved cornice to ceiling. Communal Gardens The development benefits from attractive and well established communal gardens which are laid to lawn with planted borders, maturing trees and shrubs.
Seating areas. Communal Facilities The development benefits from a fun and sociable communal lounge, communal laundry and guest bedroom suite. Extensive car park to side.
Tenure Lease length- 125 Years from 1996 The Ground Rent - Paid twice yearly - March & September - £256.89 Yearly Total £513.78 The Service Charge - Paid twice yearly - March & September - £1,430.01 Yearly Total £2,860.02
Value & comps
No previous sales on record.
Returns
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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 Flat 44, Nevyll Court, 31, Station Road, Essex
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