We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · SS5 4PZ
For saleReduced £10k (−4.8%) on 5 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Bear Estate Agents are delighted to present this stunning modernised ground floor apartment, ideally situated within easy reach of Hockley Town Centre and Hockley Station, making it an excellent choice for first-time buyers, investors, or those looking to downsize.
Offering stylish and contemporary accommodation throughout, the property features a bright open-plan living area that flows seamlessly into a modern fitted kitchen, creating an ideal space for everyday living and entertaining.
There is a well-proportioned double bedroom and a sleek fitted shower room, all finished to a high standard.
A particular feature of the property is its own private entrance together with direct access onto the residents' garden.
Externally, the apartment further benefits from allocated parking, as well as uPVC double glazing and gas central heating.
This impressive apartment presents a fantastic opportunity to acquire a beautifully presented home in a convenient and sought-after Hockley location.
Entrance Hall Laminate flooring throughout and access to bedroom and living space.
Living Room (4.04m x 2.54m (13'3 x 8'4 )) Smooth ceiling with pendant ceiling light, laminate flooring throughout and power points.
Kitchen (2.03m x 3.12m (6'8 x 10'3 )) Smooth ceiling with pendant ceiling light, double glazed window to the side, eye and base level units, inset oven, space and plumbing for white goods, gas hob with extractor fan above, sink, tiled splashbacks, tiled flooring and double glazed door accessing the rear.
Bedroom (3.48m x 2.67m (11'5 x 8'9 )) Smooth ceiling with pendant ceiling light, double glazed window, space for storage, wall mounted radiator, power points and carpeted flooring throughout.
Shower Room Smooth ceiling with pendant ceiling light, walk in shower cubical, WC, wash hand basin, half tiled walls and tiled flooring throughout.
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 Flat 1, 47, Southend Road, Hockley
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