2-bedroom flat · RM19 1LA
Listing removedListed 36 daysAuction 1 Sep · ended
Opportunity summary
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About
FOR SALE BY ONLINE AUCTION ON TUESDAY 29TH SEPTEMBER 2026 TO REGISTER FOR LEGAL PACKS AND BIDDING INSTRUCTIONS PLEASE VISIT OUR WEBSITE A first floor "Coach house" flat with garage and parking space This leasehold first floor flat is situated in a pleasant and convenient location just 0.4 miles from Purfleet Station.
The flat benefits from its own entrance and sits over garages - there are no neighbours above or below the property, and offers two bedrooms, good sized living space, kitchen and bathroom.
Externally the flat benefits from a garage and a parking space. The Lease has 103 years remaining.
Ground Floor Private Entrance (exclusive use) with stairs to First Floor Personal entrance Door to Lounge: 16'3" x 16'1" Kitchen: 12'10" x 5'10" Bedroom 1: 12'4" x 10'5" Bedroom 2: 10'6" x 5'10" Bathroom/WC: 8'6" x 5'5" Externally Garage (below flat) and adjoining car parking space Leasehold information Term : 125 years from 1 September 2004 (103 years remaining) Tenure: Leasehold Lease Details: 125 years from 1 September 2004 EPC Rating: C Administration Fee: £1200 inc VAT payable on exchange of contracts.
Buyer's Premium Fee: £1680 inc VAT payable on exchange of contracts. Disbursements: Please see the legal pack for any disbursements listed that may become payable by the purchaser on completion.
Value & comps
No previous sales on record.
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Returns
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Archie refurb estimate: a Pro feature
0.0% below starting price
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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
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FAQ
About 35 Caspian Way, Purfleet-On-Thames, Essex RM19 1LA
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