2-bedroom flat · SS4 1UP
For saleListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Horizon Estate Agents are delighted to offer to market this spacious two bedroom first floor purpose-built apartment, situated in the sought after Hedingham Place development.
The property comprises of two good-sized bedrooms, a large lounge/diner, a fitted kitchen and bathroom. Further benefits include a long 101 year lease and a communal car park.
Offered with NO ONWARD CHAIN. Within walking distance to local shops and transport links. Internal viewing is essential.
Communal Entrance - Communal entrance door with intercom entry system, stairs to first floor, part glazed door leading to: Hallway - Built-in storage cupboard, telephone for entry system, carpeted, textured ceiling.
Lounge - 5.23m x 3.28m (17'2 x 10'9) - UPVC double glazed windows to front aspect, electric heater, power points, carpeted, textured ceiling.
Kitchen - 3.10m x 2.46m (10'2 x 8'1) - UPVC double glazed window to front aspect, laminate tile effect flooring, fitted kitchen comprising of a range of eye and base level units with work surfaces over, inset stainless steel sink and drainer, space and plumbing for domestic appliances, built-in storage cupboard, power points, textured ceiling.
Bedroom One - 4.19m x 3.28m (13'9 x 10'9) - Double glazed window to rear aspect, electric heater, power points, laminate wood effect flooring, textured ceiling Bedroom Two - 2.95m x 1.93m (9'8 x 6'4) - Double glazed window to rear aspect, electric heater, power points, laminate wood flooring, textured ceiling.
Bathroom - Three piece suite comprising of a panelled bath with shower over, floating wash hand basin, close coupled W.C, laminate tiled affect flooring, textured ceiling. Parking - Communal car park.
Additional Information - Tenure: Leasehold Lease Length: 101 years remaining Service Charge: £130 pcm Ground Rent: £60 half yearly Council: Rochford District Council Tax Band: B Agents Note - We recommend our customers use our panel of Conveyancers.
It is your decision whether you choose to deal with our panel of Conveyancers but you are under no obligation to do so.
You should know that we would receive a referral fee of £150 per transaction from them for recommending you to them.
Should you arrange a Mortgage through our recommended mortgage advisor, of which there is no obligation.
We will receive a commission fee, the amount of commission will depend on the size of the loan and any associated insurance products that you decide to take.
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 Rectory Road, Rochford
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