1-bedroom flat · SS3 0GF
Listing removedListed 102 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** new instruction, must be viewed *** to arrange A viewing please call our offices 7AM to 11PM, 7 days A week.
40% shared ownership* 1 bedroom ground floor flat - ideal for first time buyers / professional couples, not to be missed, spacious accommodation.
Entrance hall, open plan living room / kitchen diner with french doors to the rear garden, great size bedroom and modern family bathroom.
Fantastic size rear garden, off street parking, popular location close to numerous local amenities including shops, schools and transport links.
*** Why you will love this property *** - Circa 538 Sqft - Open plan - Perfect for first time buyers - EPC rating B - Modern family bathroom - Large rear garden - School catchment i.e Great Wakering - Transport links via A127 Great Wakering is a charming and highly sought-after coastal village on the outskirts of Southend-on-Sea, offering an enviable blend of seaside tranquillity and everyday convenience.
Known for its welcoming community, excellent local amenities and highly regarded schools, the village provides a fantastic setting for families, professionals and retirees alike.
Residents can enjoy scenic coastal walks, nearby nature reserves and easy access to beautiful beaches, while Southend city centre, excellent transport links and London-bound rail services are all within easy reach.
With its peaceful surroundings and strong sense of community, Great Wakering is a wonderful place to enjoy a relaxed coastal lifestyle without sacrificing connectivity.
Viewing highly recommended, view early to avoid disappointment. Independent mortgage advice available if required, we look forward to hearing from you.
* To be eligible for the Shared Ownership scheme, the buyer generally needs to meet the following criteria: Their annual household income can be no more than £80,000 (£90,000 in London).
They are unable to purchase a home suitable for your needs without assistance. They cannot be a current homeowner (or be named on the deeds of another property).
They must not have any outstanding credit issues (i.e. Unsatisfied defaults or county court judgments)
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
Agent & docs
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FAQ
About 61, Turbot Drive, Southend-on-Sea
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