2-bedroom flat · SS3 9FA
Sold STCListed 102 daysAuction 30 Jul · ended
Opportunity summary
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About
FOR SALE BY PUBLIC AUCTION ON THURSDAY, 30TH JULY 2026 AT 12.00PM NOON. LIVE STREAMED VIA DEDMAN GRAY WEBSITE.
BIDDING AVAILABLE BY TELEPHONE, PROXY AND ONLINE RESIDENTIAL INVESTMENT: A LEASEHOLD TWO BEDROOM FIRST FLOOR FLAT REQUIRING MODERNISATION CONSIDERED TO BE AN IDEAL BUY TO LET INVESTMENT In need of refurbishing is this two bedroom first floor flat offering a lounge, kitchen, bathroom and separate WC.
Located just a short walk from Shoeburyness Train Station and Shoeburyness East Beach and is suitable for both buy to let investors and owner occupiers alike.
Lounge 12'9 x 12'5 Kitchen 11'3 x 10' Inner Hall Bedroom One 12'3 narrow to 10' x 9'9 Bedroom Two 11'2 narrow to 10' x 7'10 Bathroom Separate WC Parking There is a 199 year lease from 1st July 1983 with 156 years remaining We have been advised by a local agent that the property could achieve around £1000 p/c/m on the open market but interested parties are advised to make their own enquiries.
Please refer to the legal pack for confirmation of the ground rent and service charge. Dedman Gray Auctions Ltd have not visited or carried out an inspection of these premises.
All information shown on this page has been provided to us by the vendor.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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 15 Beech Lodge, Campfield Road, Shoeburyness, Essex, SS3 9FA
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