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See how verdicts work1-bedroom flat · SS8 0JY
For saleReduced £15k (−6%) on 26 OctListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A stunning one-bedroom penthouse apartment available for sale with No Onward Chain and for residents of 55 years and over only.
with only one other apartment on this floor, and easy access to the roof terrace, located in the heart of Canvey Town Centre, with bus routes directly outside the property, with main shops and local amenities all on the doorstep, including the main community doctors hub all within easy walking distance, with the added benefit of gated parking to the rear with a large communal lounge and kitchen area to the ground floor.
The property features include an entrance hall connecting to a superb-sized open-plan lounge and kitchen area with various integrated appliances in the kitchen space, and a balcony leading directly off of the lounge, and affording views towards over Hadleigh downs with a good-sized bedroom with a second balcony to the rear with similar views and completing the accommodation is a superb three-piece shower room.
Viewing is strongly recommended to avoid disappointment.
Hall - The property is approached via a security video phone entrance door leading to the communal hallways and access to the communal lounge/kitchen area and lifts giving access to the apartments above, entrance door leading to the hallway with flat plastered ceiling, door to airing cupboard housing hot water cylinder and storage, fitted carpets, wall mounted electric radiator, video phone entry system and panelled doors leading to the accommodation.
Kitchen/Lounge Area - 6.40m x 3.07m (21' x 10'1) - Open plan kitchen/lounge - with the kitchen area having square edge work surfaces to two sides incorporating sink and drainer, attractive units at base and eye level, four-ring electric hob with extractor over and oven to the side, integrated dishwasher and washer dryer, integrated fridge freezer all to remain, flat plastered ceiling with down lighting and attractive ceramic tiled floor.
The lounge area has carpet, UPVC double-glazed French doors leading directly onto the first balcony, affording views of Hadleigh Castle and the downs in the distance, tv and power points, a flat plastered ceiling, wall mounted electric heater.
Bedroom - 3.96m x 3.61m (13' x 11'10) - UPVC double-glazed patio doors leading onto the second balcony again affording views of Hadleigh Castle and the downs in the distance, flat plastered ceiling, power points, a range of wardrobes to one wall, which we are advised are to remain, wall-mounted electric heater, tv and power points.
Shower Room - A superb shower room commencing with a large tiled shower with glass screening, low-level push flush wc, wash hand basin inset into a vanity unit below, chrome heated towel rail, ceramic tiling to the balance of walls and floor, extractor fan, flat plastered ceiling with downlighting Exterior - Car parking to the rear of the property, accessed via a security gate.
Lease Details - Lease approximately 199 years, and maintenance is approximately £40.00 per week - we would ask all details to be confirmed with your solicitor.
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
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FAQ
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