1-bedroom flat · CM0 7HE
For saleListed 8 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide price £140,000- £150,000. No onward chain. Great buy to let or first home.
Situated on the ground floor and being one of the larger size flats within the development, freshly decorated and new fitted carpets.
Entrance hallway, good size cloakroom/w/c with storage space, lounge, kitchen (requiring replacement) inner hallway with fitted wardrobes, bedroom and bathroom.
Externally communal gardens and allocated parking., plus guest parking. Entrance Hallway. Main entrance door with entry phone system. Entrance door to the flat and hallway.
Cloakroom/W/C Unusually but being the larger design the flat has a separate cloakroom/w/c and a bathroom, ideal when you have visitors. Close coupled w/c, hand wash basin and expel air.
Lounge (3.76m max x 3.53m (12'4 max x 11'7)) The lounge is a good size with a double glazed window to the front, newly laid carpet, wall mounted electric heater and television point.
Kitchen (2.54m x 2.54m (8'4 x 8'4)) The kitchen is functional but we have mentioned this really requires a replacing and this will be sensibly reflected din the price.
There is currently a range of eye and base units, stainless steel sink, inset electric hob, built in oven and plumbing for washing machine and a double glazed window to the front.
Inner Hallway The inner hallway is actually more of a dressing area with triple fronted fitted wardrobes and sliding doors.
Bedroom (3.53m x 2.64m (11'7 x 8'8)) A good size double room with a built in cupboard housing the lagged water tank. Wall mounted electric heater and a double glazed window to the front.
Bathroom Walk in shower cubicle, close coupled w/c, hand wash basin and expel air. Parking And Gardens The flat has its own allocated parking and there are plenty of visitor spaces available.
The gardens are mainly to lawn with established planting, for communal use.
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 Cherry Orchard, Southminster
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