2-bedroom flat · SS6 7TP
For saleReduced £10k (−5.9%) on 31 JulListed 160 days
Opportunity summary
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About
Offered with no onward chain is this excellently maintained and spacious two bedroom first floor retirement apartment, exclusively for the over 55s, ideally positioned within minutes of Rayleigh High Street and local amenities.
Situated within the highly regarded Carisbrooke Lodge development, this well presented apartment has recently benefited from a newly installed kitchen, newly laid flooring and redecoration throughout, making it ideal for buyers seeking a move-in ready home.
The accommodation comprises a welcoming entrance hall leading into a spacious lounge/diner measuring approximately 13’6 x 12’6, providing ample room for both relaxing and entertaining.
The fitted kitchen has recently been upgraded and offers a range of storage units and worktop space.
There are two well proportioned double bedrooms alongside a modern shower room finished in neutral tones.
Further benefits include Economy 7 heating, double glazing, communal parking and beautifully maintained communal gardens with seating areas for residents to enjoy.
Carisbrooke Lodge is a highly popular retirement complex situated within a few minutes walk of Rayleigh High Street, offering convenient access to local shops, cafés, restaurants, supermarkets and transport links.
The development also benefits from recently repainted communal areas, regularly maintained guttering and fascias, and a recently inspected roof.
Please note the apartment is located on the first floor and the building does not have a lift Additional Information Lease Remaining: Approximately 158 Years Service Charge & Maintenance: Approx.
£234 pcm Includes Buildings Insurance, Window Cleaning, Communal Cleaning & Garden Maintenance Communal Facilities Include: Resident & Visitor Parking Communal Gardens Seating Areas Shed & Bin Storage first floor – no lift
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.
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FAQ
About Flat Flat 6, Carisbrooke Lodge, Hilltop Close, Rayleigh
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