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See how verdicts work1-bedroom flat · SS1 2NS
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Horizon Estate Agents are pleased to bring to the market this SHARE OF FREEHOLD spacious ground floor one bedroom apartment situated close to local amenities.
The property comprises of a large lounge with a bay window, double bedroom, bathroom, kitchen and direct access to rear garden.
The property further benefits from being a share of freehold with £0 ground rent, £0 service charge and a 900+ year lease.
Close to local shops, amenities and mainline railway stations to London, Liverpool Street and London, Fenchurch Street.
Communal Entrance - Obscured entrance door, smooth plastered ceiling, carpeted, hard wood entrance door to: Hallway - Coving to smooth plastered ceiling, loft access, radiator, power points, carpeted, Lounge - 4.37m x 4.04m (14'4 x 13'3 ) - Upvc double glazed bay window to front aspect, coving to smooth plastered ceiling, feature fireplace, radiator, power points, carpeted.
Bedroom - 3.56m' x 3.45m (11'8' x 11'4) - Upvc double glazed window to rear aspect, coving to smooth plastered ceiling, radiator, power point, carpeted.
Bathroom - Three piece suite comprising wash hand basin, close coupled W.C, bath with shower attachment over, two windows to side aspect, part tiled walls, heated towel rail, tiled flooring, textured ceiling.
Kitchen - 3.66m x 3.51m (12' x 11'6) - A range of eye and base level units, with working surfaces over, inset stainless steel sink with drainer unit, extractor fan, space and plumbing for appliances, radiator, power points, tiled flooring, upvc double glazed door to rear garden, upvc double glazed window to rear aspect, smooth plastered ceiling.
Rear Of Property - Decked stairs leading to rear garden. Front Of Property - Permit street parking. Additional Information - Tenure - Share of Freehold Length of Lease - 956 Years remaining.
Ground Rent - £0 Service Charge - £0 Council - Southend Borough Council Council Tax band -A Agents Note - 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
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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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 Lancaster Gardens, Southend-on-Sea
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