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See how verdicts work2-bedroom flat · SS7 2AF
For saleListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, this stunning two-bedroom penthouse apartment is situated in the sought-after 'Steeple Gate', located in the heart of Hadleigh and enjoying panoramic views towards the Thames Estuary.
The property offers a spacious open-plan lounge/diner and fully fitted kitchen with integrated appliances, two double bedrooms, luxury en-suite shower room, further four-piece bathroom and a large private balcony.
Further benefits include a stunning communal roof terrace, secure allocated covered parking with remote-controlled gated access, lift, gas central heating and a long lease of over 100 years.
ACCOMMODATION The accommodation comprises a communal entrance with secure entry phone system and lift providing access to the top floor.
A private entrance door opens into: ENTRANCE HALLWAY Wooden flooring, wall-mounted entry phone system, wall-mounted thermostat control, two storage cupboards, radiator and smooth plastered ceiling with inset spotlights.
Doors leading to: BEDROOM ONE 12' 4" x 10' 9" (3.76m x 3.28m) Smooth plastered ceiling with inset spotlights, fitted carpet and radiator. Double-glazed French doors provide access to the balcony.
Door leading to: EN-SUITE SHOWER ROOM Modern three-piece suite comprising WC, vanity sink unit with mixer tap and shower cubicle. Part-tiled walls and tiled flooring.
BEDROOM TWO 12' 5" x 9' 9" (3.78m x 2.97m) Double-glazed window to rear, two radiators, fitted carpet and smooth plastered ceiling with inset spotlights.
BATHROOM Modern four-piece suite comprising bath with shower attachment, WC, vanity sink unit with mixer tap and shower cubicle. Heated towel rail and smooth plastered ceiling with inset spotlights.
Open-Plan Lounge/Kitchen 22' 5" x 12' 7" (6.83m x 3.84m) KITCHEN AREA The kitchen area is fitted with modern wall-mounted and base units with work surfaces over, incorporating a one-and-a-half-bowl stainless-steel sink unit with mixer tap and drainer.
Tiled splashbacks, integrated fridge/freezer, washing machine and dishwasher, fitted electric oven with four-ring gas hob and extractor fan above. Cupboard housing the boiler. Wooden flooring.
LOUNGE AREA The lounge area features fitted carpet, radiator and smooth plastered ceiling with inset spotlights. Double-glazed French doors provide access to the balcony.
BALCONY/ TERRACE A generous balcony offering ample space for a table and chairs with attractive views over the estuary.
PARKING There is an allocated off-street parking space which is gated and secure.
OTHER INFORMATION Lease Remaining - 105 Years Service charge - £1,524.50 (includes building insurance) Ground rent - £200 p/a
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 Steeplegate, Castle Lane
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