1-bedroom property · SS9 1NR
Listing removedListed 379 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Winkworth of Leigh are delighted to bring to the market this with NO ONWARD CHAIN this second floor retirement apartment with a West facing balcony overlooking the communal gardens.
The property is in need of some modernization.
Situated in this sought-after retirement block and within close proximity of Leigh Broadway and local amenities, is this one double bedroom second floor apartment.
The property benefits from a kitchen, a living room with balcony, double bedroom, bathroom and double-glazed windows.
The development further benefits from all usual refinements which include a house manager, emergency care line intercom/alarm system, residents lounge, lift to all floors and communal parking.
A minimum age restriction applies on this property. Internal viewing is highly recommended Accommodation:- Communal entrance door with security entrance phone system. Stairs and lift to all floors.
Entrance door to: - Entrance hall: - Storage cupboard and doors to all rooms. Lounge: - 13’8 x 9’11. West facing sliding doors to balcony overlooking lovely well-maintained gardens. Electric heater.
Kitchen 9'8 x 6'1:- Kitchen comprising of working surfaces with base and eye level units. Stainless steel sink unit. Tiling to walls. Built-in cupboard. Bedroom: - 12’2 x 9’11. Window to rear.
Range of wardrobes. Bathroom: - 7’10 x 6’11. Panelled bath, low level wc and wash hand basin. Tiling to walls Exterior: - Well maintained communal gardens and parking.
Ground Rent & Service Charge £227.38 pcm (£2,728.56 per annum)
Value & comps
No previous sales on record.
Returns
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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 Chalkwell Park Drive, Leigh-on-Sea, Essex, SS9
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