1-bedroom flat · SS5 4XG
Listing removedListed 191 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This studio flat located on Woodstock Crescent in Hockley offers a budget-friendly entry into the property market.
With a guide price between £100,000 and £125,000, it is an attractive option for first-time buyers or investors seeking a solid rental opportunity.
The property is conveniently situated within close distance to Hockley railway station, providing easy access for commuters.
The flat boasts a long lease of 954 years remaining, ensuring longevity for any potential owner or investor. Additionally, the low service charge and zero ground rent make it financially appealing.
With an estimated rental income of £750 - £800 per month, it promises a good return on investment.
For those looking to expand their property portfolio or secure their first home, this flat represents a straightforward purchase with no chain involved.
The locality around Hockley offers various amenities and a welcoming community environment.
Act quickly to explore this opportunity and consider the benefits it holds for your future plans Entrance Hall Bathroom (6'8 x 5'8) Bath with shower over. WC, pedestal wash hand basin.
Access to airing cupboard Lounge /Bedroom (14'7 x 13'3) Two double glazed windows to front. Electric radiator Kitchen (9'4 x 7'2) Fitted units with space and plumbing for appliances.
Double glazed window to front Externally Communal car park with allocated parking and visitor spaces. Communal garden to the rear with patio area Lease Information 954 Years Remaining.
Ground rent - N/A Service Charge - £80 per month Managing Agent - Hair and Son
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
Agent & docs
FAQ
About 46, Woodstock Crescent, Hockley
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