1-bedroom flat · SS4 1TX
For saleListed 37 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Horizon Estate Agents are please to offer this One double bedroom second floor apartment located on the popular Matchbox estate.
The property is therefore conveniently situated to Rochford village, mainline railway station with shops and bus routes nearby.
Features include a white high gloss kitchen, bathroom/WC and UPVC double glazing. No Onward Chain and 150 year lease!
Main Entrance - Communal door with security entry phone system, stairs to apartment Entrance Hall - Textured ceiling with loft hatch, security entry phone, power points, door to:- Lounge - 5.28m x 3.10m (17'4 x 10'2) - Double glazed windows to front and rear aspects, textured ceiling, power points, serving hatch and doorway to:- Kitchen - 3.20m x 2.49m (10'6 x 8'2) - Comprising a range of fitted 'High gloss' eye and base level units with work surfaces over, inset one and a half bowl single drainer sink unit, part tiled walls, space for appliances, fitted electric oven with four ring electric hob over, built in double storage cupboard, double glazed window to side aspect, extractor fan, power points.
Bedroom - 4.04m x 2.90m max (13'3 x 9'6 max) - Double glazed window to front aspect, textured ceiling, power points.
Bathroom - Three piece white bathroom suite comprising of panelled bath with electric shower over, fitted shower screen, enclosed cistern W.C, vanity wash hand basin with cupboard under, obscure double glazed window to rear aspect, part tiled walls, textured ceiling.
Exterior - The property benefits from communal parking and gardens Additional Information - Tenure: Leasehold Lease Length: 150 Years.
Service Charge: £131.28 pcm Ground Rent: £180 p/a Council: Rochford District Council Tax Band: B Agents Notes - 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 Steeple Close, Rochford
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