1-bedroom flat · SS17 7RF
Listing removedListed 156 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
****landlords only****Investment opportunity**** Long Lease-175 years**** Connollys are pleased to offer this one bedroom ground floor flat situated in a popular block of flats, located 0.2 Miles to Corringham town centre with its many amenities.
Offered with tenant in situ currently, and achieving rent of £900.00 per month.
Please note this sale is a business opportunity and includes the current tenant remaining at the property, and is not currently available as a home to live in.
The property boasts Upvc double glazed windows and gas central heating throughout.
The bedroom features a mirrored fitted wardrobe, providing storage space, while the cosy lounge is perfect for relaxation or entertainment.
The property also includes a well-appointed fitted kitchen with a range of modern base and wall mounted units with appliance space, and a fully tiled modern bathroom with white suite completes the accommodation on offer..
Off road parking is available to the rear of the property. Don't miss this opportunity. Viewing is highly recommended.
Maintenance costs are £147.59 paid Quarterly (solicitors to confirm) Ground Rent £0 (solicitors to confirm EPC Rating: C Fitted Kitchen (3.05m x 2.74m) Lounge (3.86m x 2.13m) Bedroom (3.86m x 2.13m) Parking - Off Street Communal parking available to the rear of the block.
Value & comps
No previous sales on record.
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 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 14 Stanford Hall Gordon Road, Stanford-Le-Hope
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