2-bedroom flat · SS1 2PF
For saleReduced £20k (−12.5%) on 13 OctListed 49 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This two-bedroom ground floor apartment is offered to the market with no onward chain, making it an ideal purchase for first-time buyers, investors, or those looking to downsize.
The property benefits from a secure entry phone system and features a modern fitted kitchen alongside a contemporary three-piece bathroom suite.
The accommodation is complemented by double glazing and electric heating, providing comfort throughout the year.
Externally, residents have access to a communal garden, while the apartment also benefits from an allocated parking space within a secure gated car park.
A further advantage is the impressive lease length, with approximately 157 years remaining.
Conveniently situated close to local shops, the city centre and a wide range of amenities, the property is also within easy reach of the seafront and mainline stations, offering links into London.
Excellent road connections to both the A13 and A127 make this an ideal location for commuters.
An internal viewing is highly recommended to appreciate the accommodation and convenient location on offer.
Communal Entrance Access via secure entry phone and communal entrance doors to the ground floor and via own personal door leading to the ground floor apartment.
Entrance Hall Textured coved ceiling, built in cupboard housing water tank, wall mounted electric heater and carpet covered wood effect laminate floor.
Kitchen (2.8m x 1.9m) Textured ceiling, double glazed window to side aspect, a range of matching modern fitted, wall mounted and base units with rolled edge work surface, one and a quarter bowl sink unit inset and tiled splash backs.
Integrated electric oven and integrated electric hob with modern stainless steel chimney style extractor over, vinyl flooring and spaces for appliance Reception Room (3.8m x 3.1m) Textured coved ceiling, double glazed window to rear, double glazed windows and door to side aspect, wall mounted electric heater and wood effect laminate flooring.
Bedroom One (3.3m x 3.3m) Textured coved ceiling, double glazed windows to side and rear aspects, wall mounted electric heater and wood effect laminate flooring.
Bedroom Two (3.3m x 3.3m) Textured coved ceiling, double glazed window to side aspect, wall mounted electric heater and wood effect laminate flooring.
Bathroom/WC (2.8m x 1.9m) Smooth ceiling with inset spotlights, extractor fan, obscure double-glazed window to side aspect, vinyl flooring. Tiled walls.
A modern white three-piece suite comprising a panelled bath with electric shower over, pedestal wash hand basin with wall mounted stage mirror over and a low flush WC.
Communal Garden There is a communal garden area at the front and rear of Lauriston Place.
Parking There is a secure gated car park at the rear of the property accessed via Windermere Road with an allocated parking space.
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
About Flat 15, Lauriston Place, 150, Southchurch Avenue, Essex
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