2-bedroom property · SS5 6AZ
For saleReduced £50k (−9.1%) on 20 OctListed 56 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* two bedroom home within A huge plot * potential building plot STP.
* ample parking * multiple outbuildings * three commercial workshops * mobile home * views over the surrounding countryside * two gated access points * This rare and incredibly interesting offering, in a semi-rural area of the ever-popular Hullbridge, comes to market with Bear Estate Agents and must be viewed to truly appreciate all that is on offer!
The plot has a huge amount of potential in the form of further residential development (s.t.p.), commercial use, rental income and finally, a perfect future home for anyone looking for a quiet countryside location with amazing views, yet being closely positioned to amenities and only a short drive to Hockley Station for commuters.
The current plot offers an abundance of parking space, three commercial workshops, an impressive renovated two bedroom home, a mobile home requiring some tlc., lawn areas and outside seating spaces including a large deck and massive potential for redevelopment subject to the usual consents.
Parking A large shingled parking area providing a huge amount of spaces. Plot Two gated access points for vehicles to the plot, via Fourth Avenue and Central Avenue.
Lawn areas, ample parking, planting and trees for privacy, multiple commercial outbuildings, a main 2 bedroom residence with a front garden/seating area, a mobile home to the rear, a raised decked seating area and fencing to the boundaries.
Main Residence A large, renovated, two double bedroom home comprised of; lounge with french doors and a view over the surrounding countryside, a modern kitchen diner with peninsula unit and space for a 6-seater table, two double bedrooms with built-in storage, a shower room, an additional WC, a utility room and an external seating area.
Mobile Home A mobile home requiring tlc. Commercial Workshops Three commercial workshops/building with potential rental income. All have power and lighting and ample storage space.
Value & comps
No previous sales on record.
Returns
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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 Pembroke Meadows, Fourth Avenue, Hockley
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