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See how verdicts work2-bedroom flat · SS9 1SY
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Hair & Son are delighted to present this stunning two bedroom retirement apartment situated on the third floor of Elmtree Lodge. Elmtree Lodge is a popular development which was built 10 years ago.
The block features a guest suite, lovely communal lounges and an on-site manager. The complex also features secure gated parking.
You are welcomed in to a hallway that provides a seamless entrance into all adjoining rooms. The hall also features a good size cupboard with double doors which is a very handy space for storage.
Additionally you have two well appointed bedrooms and a spacious lounge that opens up to the modern fitted kitchen with built in appliances.
The living room also has doors opening up to the large balcony which is a great space to retreat to. The flat also includes a thoughtfully designed bathroom, ensuring convenience and accessibility.
The third-floor location provides lovely views and a sense of privacy, while still being easily accessible.
This property is situated in a friendly community, making it an excellent choice for retirees looking to enjoy a vibrant yet tranquil lifestyle.
Leigh On Sea is known for its picturesque seafront, delightful shops, and local amenities, all within easy reach.
This flat presents an excellent opportunity for those wishing to downsize without compromising on comfort or quality of life.
Embrace the joys of retirement in this lovely flat, where you can create new memories in a welcoming environment. Offered to the market with vacant possession, therefore no onward chain.
Entrance Hall - 14'9 x 6'0 - Bedroom One - 13'4 x 11'4 - Bedroom 2 - 13'3 7'7 - Lounge - 13'3 x 12'8 - Kitchen - 8'9 x 6'5 - Bathroom - 7'6 x 6'0 - Tenure - Lease remaining - 113 years Service charge - TBC Ground rent - £495 per annum These particulars are accurate to the best of our knowledge but do not constitute an offer or contract.
Photos are for representation only and do not imply the inclusion of fixtures and fittings. The floor plans are not to scale and only provide an indication of the layout.
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 Cranleigh Drive, Leigh On Sea
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