2-bedroom flat · SS9 1LG
Sold STCListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A chance to purchase this larger than average two bedroom first floor flat conveniently positioned in a sought after South Leigh location and is offered with no onward chain.
The property boasts two good sized bedrooms, bay fronted lounge, modern fitted kitchen, bathroom and separate WC.
Council Tax Band: B Tenure: Share of Freehold Personal Entrance Hall w: 3' 5" x l: 8' 4" (w: 1.04m x l: 2.54m) Entrance door opening into personal entrance hallway.
Turning staircase to first floor landing. Landing w: 14' 10" x l: 5' 9" (w: 4.52m x l: 1.75m) Double banked radiator. High level lipped skirting.
Door giving access to floor to ceiling storage cupboard. Dado rail. Coving to smooth plaster ceiling with loft hatch giving access to roof space.
Doors off to; Lounge w: 14' 2" x l: 14' 3" (w: 4.32m x l: 4.34m) uPVC double glazed bay window to front. Double banked radiator. Feature fireplace with tiled surround and tiled hearth.
High level lipped skirting. Picture rail. Ornate coving to ceiling. Kitchen w: 9' 8" x l: 10' 2" (w: 2.95m x l: 3.1m) uPVC double glazed window to rear.
The kitchen has been fitted with a modern range of shaker style base and eye level units with oak effect rolled edge work surfaces with matching upstand and stainless steel sink unit inset with mixer taps over.
Integrated brush steel electric oven with independent four ring gas hob and extractor canopy over. Plumbing and drainage for automatic washing machine. Space for upright fridge freezer.
Wall mounted boiler serving hot water and domestic purposes. Smooth plaster ceiling. Bedroom One w: 11' 10" x l: 12' 9" (w: 3.61m x l: 3.89m) uPVC double glazed window to rear.
Double banked radiator. Feature fireplace with wooden mantle. High level lipped skirting. Coving to smooth plaster ceiling.
Bedroom Two w: 11' 5" x l: 8' 2" (w: 3.48m x l: 2.49m) uPVC double glazed window to front. Double banked radiator. High level lipped skirting. Textured ceiling.
Bathroom Obscure uPVC double glazed window to side. White two piece suite comprising panel enclosed bath with shower attachment over and pedestal wash hand basin. Tiling to walls.
Double banked radiator. High level lipped skirting. Separate WC Obscure uPVC double glazed window to side. Double banked radiator. Low level WC. High level lipped skirting.
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 Fernleigh Drive, Leigh-on-Sea
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