Modern Method of Auction
Auction date not yet published
We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SS0 8EP
For saleListed 1 day
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ahoy, house hunters! Just five minutes from Westcliff beach, this characterful ground-floor apartment is perfect for coastal strolls and pretending you’re in The Holiday - minus the Hollywood budget!
Character, charm & cracking bones With high ceilings, period features, attractive mouldings and character doors, this apartment has bags of charm.
It needs some cosmetic tlc, but the bones are cracking - think makeover, not archaeological excavation!
A long hallway leads to two well-proportioned bedrooms, a three-piece bathroom and a handy utility room (because nobody wants their smalls on display!).
The generous living/dining room features a dramatic sloping ceiling and an elegant cased opening, while the well-equipped kitchen overlooks the leafy communal garden. Flambé your fritters with a view!
You also benefit from private rear access, communal front entrance and allocated parking.
Low costs, lovely location The residents self-manage the block, keeping the service charge to just £85 pcm, covering communal cleaning, garden maintenance, buildings insurance and fire-alarm testing.
Gas and electricity: Approx. £120 pcm Water: Approx. £30 pcm Boiler installed approx.
Five years ago Survey five years ago found no structural issues Good Wi-Fi signal Schools, shops & seaside living Nearby schools include Chalkwell Hall Infant and Junior Schools, Westcliff High School for Boys and Westcliff High School for Girls.
Check current admissions, catchment areas and Ofsted information directly.
Westcliff offers cafés, bars, gyms, boutiques and independent shops, with Southend nearby for even more shopping and entertainment - and more opportunities to spend £14.80 on absolutely nothing useful!
Commuters, assemble! Westcliff Station is approximately seven minutes’ walk away, with connections towards Southend and London Fenchurch Street.
Local buses and the A13 and A130 provide links towards London, Thurrock and Chelmsford. The verdict?
Two bedrooms, period charm, generous living space, utility room, parking, leafy gardens and a fantastic coastal location - all with plenty of potential to create something special.
Ideal for buyers wanting a home to personalise or investors seeking their next project. Please note: Approximately 60 years remain on the lease, with renewal available for £35,000.
Bring your imagination and give this coastal charmer the glow-up she deserves!
Living/Dining Room 3.76 x 3.60m 12'4'' x 11'10'' Kitchen 2.43 x 2.18m 8'8'' x 7'2'' Bedroom One 3.85 x 2.39m 12'8'' x 7'10'' Bedroom Two 3.00 x 2.62m 9'10'' x 8'7'' Utility Room 2.29 x 1.87m 7'3'' x 6'2'' • Being Sold by goto Online Auction • Starting Bids from £XXX • Buy It Now option available This property is being offered for sale by the Modern Method of Auction.
The successful buyer will have 56 working days to exchange and complete (the Reservation Period), allowing time to arrange mortgage finance where required.
If you are the successful bidder, you'll enter into a Reservation Agreement and pay a non-refundable Buyer's Premium.
This secures the property, removes it from the market and helps provide greater certainty for both buyer and seller.
This property is subject to an undisclosed Reserve Price, which is typically no more than 10% above the Starting Bid. For more information, please contact the agent or visit goto Online Auctions.
Under General Information: Auctioneer's Comments The successful buyer will be required to pay the below non-refundable fees: • Buyer's Premium: XX% of the purchase price plus VAT (subject to a minimum of £6,600 including VAT) • Legal Pack Fee: £396.00 including VAT The Buyer's Premium is payable in addition to the purchase price and may be taken into account when calculating Stamp Duty Land Tax (sdlt).
Material information: If you intend to purchase using mortgage finance, you should satisfy yourself that the property is suitable for the purposes for which you intend to use it and that it meets your lender's requirements to secure lending before bidding.
A Legal Pack is available for this property and should be reviewed carefully before bidding.
Neither goto Group nor the estate agent accepts any responsibility or liability for the accuracy or completeness of the Legal Pack and shall not be liable for any loss or damage arising from any inaccuracies, omissions or errors contained within it.
Buyers should review the Legal Pack carefully, carry out their own due diligence and obtain independent legal advice where appropriate before proceeding.
Under Key Features: • Being Sold by goto Online Auction • Modern Method of Auction • Buy It Now option available • 56 working day Reservation Period • Non-refundable buyer's fees apply
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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FAQ
About Grosvenor Road, Westcliff-on-Sea
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