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See how verdicts work3-bedroom house · SS8 9LR
For saleReduced £20k (−8.7%) on 19 SepListed 76 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated along a quiet residential road, this well-presented three-bedroom terraced house offers generous living space, excellent transport links and convenient access to local schools and amenities.
The property is being sold with a tenant in situ and is available exclusively to investors who are willing to retain the existing tenant in the property.
The ground floor features a good-sized living room with plenty of space for relaxing and entertaining guests, along with two bathrooms for added everyday convenience.
Upstairs, the first floor offers three well-proportioned double bedrooms, providing spacious and practical accommodation.
Outside, the property benefits from a private rear garden with gated access to the back of the house, allowing the garden to be reached without needing to pass through the home.
The nearest bus stop is approximately a four-minute walk away, offering connections around Canvey Island and towards Benfleet, Basildon and Southend.
Benfleet Station provides direct c2c rail services into London and the surrounding areas.
The property is approximately an eight-minute walk from Northwick Park Primary and Nursery Academy, while Cornelius Vermuyden School is around a 13-minute walk or three-minute drive away.
Canvey Island town centre can be reached in approximately six minutes by car and offers a wide variety of supermarkets, restaurants, barbers, schools, retail shops, healthcare services and health and beauty facilities.
For leisure, the historic Lobster Smack pub and nearby seawall are approximately five minutes away by car.
The area is perfect for peaceful walks along the seawall, offering a relaxing countryside-style atmosphere and a traditional pub close to home.
Combining spacious accommodation, a private garden, useful rear access and a quiet setting close to transport links, schools and local amenities, this property represents an attractive investment opportunity.
The sale is intended for investors who will retain the current tenant and allow her to remain in occupation following completion Kitchen (10'05 x 9'08) Lounge (21'11 x 10'02) Bedroom 1 (13'02 x 10'08) Bedroom 2 (10'04 x 7'05) Bedroom 3 (10'04 x 10'01) Bathroom (7'02 x 4'02)
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 73, First Avenue, Canvey Island
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