Studio flat · SS2 6RN
Listing removedListed 55 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
THIRD FLOOR STUDIO FLAT comprising large bedroom/living area with laminate wooden flooring, kitchen with washing machine and separate bathroom. Gas central heating and double glazing throughout.
Security phone entry system. SINGLE OCCUPANCY ONLY. Close to local shops and transport links. First come first serve parking.
Applicants must meet the affordability and provide a guarantor that is a homeowner. The property will be on a Assured Periodic Tenancy. Council tax band A. £173 holding deposit required.
Call to view now! Bedroom/Living Area - 5.21m x 0m - Two radiators to front. Pendant lighting. Brand new wooden laminate flooring. Range of power points. Double glazed window to front.
Wardrobe and cupboard space to side. Kitchen - 2.46m x 1.6m - Brand new kitchen. Range of base and eye level units. Washing machine. TENANTS TO PROVIDE COOKER. Double glazed window to rear.
Stainless steel mixer tap and draining board. Bathroom - 1.98m x 1.88m - Shower over bath. Hand wash basin. Low flush WC. Heated towel rail to side. .
- 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.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Prince Avenue, Southend-on-Sea
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