1-bedroom flat · SS2 4LZ
Sold STCListed 183 daysAuction 14 May · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**FOR SALE BY PUBLIC AUCTION ON THURSDAY 14TH MAY 2026 AT 3.00PM** ** FEES APPLY ** This one bedroom first floor flat is leasehold and is located in a popular residential area.
Requiring refurbishment throughout the property benefits from its own section of the rear garden with access gained via an external metal staircase.
Offered for sale with vacant possession it is thought that the property would suit both investors and owner occupiers alike.
This one bedroom first floor flat is leasehold and is located in a popular residential area.
Requiring refurbishment throughout the property benefits from its own section of the rear garden with access gained via an external metal staircase.
Offered for sale with vacant possession it is thought that the property would suit both investors and owner occupiers alike.
Accommodation - Personal Entrance Door At Street Level Stairs - Landing - Access to loft space Lounge - 4.9m x 3.66m - Kitchen - 3.12m x 2.82m - Bedroom - 3.66m x 3.12m - Bathroom/Wc - 3.1m x 1.09m - Externally - Own Section of Rear Garden Service Charge/Rent - Please refer to the legal pack for details of any service / maintenance charges, ground rent and other costs that may be applicable to this property Agents Note - Please note that the property requires refurbishment throughout Tenure - Leasehold: 99 years from the 25th December 1974 Energy Performance Rating - Band F Viewing - Strictly by appointment with the Auctioneers
Value & comps
No previous sales on record.
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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 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
Agent & docs
FAQ
About 16a Lonsdale Road, Southend-on-Sea
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