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See how verdicts work2-bedroom flat · SS2 6FP
For saleReduced £5k (−5.6%) on 25 AugListed 168 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership available from £90,000 for a 40% share. Full ownership also available at £220,000.
A modern and well-presented two-bedroom apartment positioned within the popular Richmond House development in central Southend-on-Sea, offering spacious open-plan accommodation and excellent commuter convenience.
The property comprises a welcoming entrance hall leading into a bright open-plan lounge/dining/kitchen space, creating a modern and functional living environment ideal for both everyday use and entertaining.
The kitchen is fitted with contemporary units and ample storage, seamlessly integrated into the main reception area.
There are two well-proportioned double bedrooms, including a generous principal bedroom benefiting from its own en-suite shower room. A separate modern bathroom completes the accommodation.
Residents benefit from a secure development with convenient bin chute facilities within the building, enhancing practicality for day-to-day living.
Situated on Victoria Avenue, the property is just a stone’s throw from Southend High Street and within walking distance of Southend Victoria Station, providing direct rail links into London Liverpool Street.
Southend Seafront and a wide range of local amenities are also within easy reach.
This property presents an excellent opportunity for first-time buyers seeking an affordable route onto the property ladder within a highly convenient and well-connected location.
A parking space is available around £35 pcm behind the building Shared ownership rent - £440 pcm Service Charge - £290 pcm
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
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FAQ
About Flat 37, Richmond House 61-71, Victoria Avenue, Southend-on-sea
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