1-bedroom flat · SS3 0HY
Listing removedListed 707 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious double bedroom ground floor Retirement apartment that has been much improved including the addition of a luxury Wet Room and newly painted and re-decorated throughout, including new carpets, new curtains and blinds” The property is within close proximity to the resident's club lounge, laundry and front entrance.
Offered with 'No Onward Chain' - internal viewing advised.
Entrance A glazed entrance door with security entry phone panel adjacent leads into the: Communal Hallway Entrance to Apartment 8 is located early on the left hand side.
An entrance door leads into: Entrance Hallway Access to large storage cupboard housing trip switch box. Doors lead off to all rooms.
Sitting/Dining Room (5.5m x 2.95m (18' 1" x 9' 8")) UPVC double glazed window to side. Two electric convection heaters. Television aerial point. Telephone point. Three wall light points.
Coved cornice to ceiling. An archway leads through to the: Fitted Kitchen (2.26m x 1.7m (7' 5" x 5' 7")) UPVC double glazed window to side.
Fitted with base and pelmeted eye level cabinets with rolled edged working surfaces and inset one and a quarter bowl polycarbonate sink unit with mixer tap.
Split level fan assisted electric oven with four ring ceramic hob and extractor canopy above. Multiple appliance space. Ceramic tiled splashbacks to working surface areas.
Double Bedroom 4.22m maximum x 2.57m - uPVC double glazed window to side. Wall mounted electric convection heater.
Access to large airing cupboard housing foam lagged copper cylinder and additional storage space with immersion control.
Re-Fitted Wet Room A luxurious fully tiled room that has been fitted with a modern white suite comprising wet-room style open shower area, pedestal wash hand basin and close coupled w.c.
Feature mosaic border tiles. Extractor fan. Drop light switch.
To The Outside Of The Property Communal Gardens There are impressive enclosed landscaped gardens, private car park, refuse storage area, clothes drying area and external entrances via the front and a car park.
Value & comps
No previous sales on record.
Returns
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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 Flat 8 The Mallards, 236, High Street, Southend-on-Sea
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