Modern Method of Auction
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3-bedroom flat · RM19 1ZU
For saleReduced £10k (−4.2%) on 20 JunListed 546 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*guide price £240,000 - £260,000* Spacious 3-bed split-level apartment over two floors with lounge/diner, kitchen, ground floor WC, first-floor bathroom, and two balconies.
Long 120-year lease, no onward chain, and brand new 2024 Glow Worm boiler. Just 0.5 miles from Purfleet station with A13/M25 links nearby. Ideal for commuters or savvy investors who like a little wow!
Entrance hall commences with stairs leading to first floor accommodation. Access is given to cloakroom/WC. Kitchen 11'9 x 8'6 double glazed window.
Range of wall and base mounted units with matching storage drawers. Work surfaces housing sink drainer. Space for appliances including space for freestanding cooker.
Lounge/diner 18'7 x 12'7 access is given to balcony. Wooden style flooring. First floor landing is home to three bedrooms and family bathroom. Bedroom one 12'7 x 10'2 double glazed window.
Storage cupboard. Bedroom two 14'6 x 10'7max. Double glazed window. Access to further balcony. Bedroom three 13'9 x 5'8 double glazed window.
Bathroom comprises panel bath fitted with shower/mixer tap. Wash hand basin and WC. Part tiling to walls.
The small print: Length of Lease: 120 years remaining Annual Ground Rent: £10.00 Annual Service Charge: £1,400 Freeholder: Tbc Council Tax Band: B Local Authority: Thurrock We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £80 + VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 52, Marine Court, Centurion Way, Purfleet
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