1-bedroom house · SS0 7TF
Opportunity summary
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About
**£95,000 -£105,000** Hair & Son are pleased to bring to market this fantastic one bedroom retirement flat which is presented to a great standard, and has the huge advantage of having a ground floor entrance via Palmeira Avenue.
Offered to the market with no onward chain.
We are delighted to offer this beautifully presented bright and airy one double bedroom retirement flat in the popular Homecove House complex, which is directly located on the seafront and is within walking distance to all local amenities including shops and eateries on Hamlet Court Road, Westcliff train station and the Cliffs Pavilion.
The flat has been decorated and maintained to a high standard throughout and comprises of a double bedroom with built in storage, a large living space providing access to the fitted kitchen with high gloss white base and wall units, worktops with inset sink unit plus recently fitted appliances such as an integrated oven, microwave, ceramic hob and extractor fan and full size built-in fridge-freezer, and a freestanding dishwasher which will remain.
Lastly you have the three piece bathroom comprising of a wash hand basin, low level w/c and a panelled bathtub fitted with a brand new overhead shower.
Homecove House is an established community with a vibrant calendar of events, both weekly and seasonally.
It offers free parking, a resident's lounge, a laundry room, a games room, guest facilities, a 24 hour emergency pull cord system, lifts to all levels and a communal garden with patio areas overlooking the seafront.
Residency for 60 years and over. Ground floor access is provided directly from Palmeira Avenue. The flat is offered to the market with vacant possession, therefore no onward chain.
Entrance Hall - Living Room - 5.84m x 3.18m - Kitchen - 2.21m x 1.63m - Bedroom - 3.45m x 2.62m - Bathroom - 2.03m x 1.63m - Tenure - Lease information has been provided by the seller.
We understand the remaining lease is 59 years with the following charges: Service charge - £3639 per annum, this includes water rates, usage of laundry rooms and refuse.
Also includes the maintenance of the building externally and internally. Ground Rent - £443 per annum. .
- 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.
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 Homecove House, Holland Road, Westcliff-on-Sea
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