1-bedroom house · SS1 3LU
Listing removedListed 228 days
Opportunity summary
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About
With NO ONWARD CHAIN, Goldings are delighted to offer for sale this first floor retirement apartment.
Located on the first floor and facing south, the property benefits from one double bedroom, a lounge / diner that links directly with the kitchen and a shower room.
Homerowan House is a much sought after complex offering superb retirement living. For peace of mind, there is a building manager on site and all rooms have pull cord alarms in case of an emergency.
The block is well maintained and has a welcoming residents lounge, laundry room, parking and communal gardens.
Perfectly located within walking distance of Thorpe Bay shops and train station, this would suit anyone looking to downsize for a slower pace of life. Please call for further details.
Communal Entrance Security doors on street level to front and side car park areas. Stairs and lift to first floor. Access to managers office and residents lounge area.
Property Entrance A secure wooden door opens directly into the spacious reception Airing cupboard storage housing utility meters.
Doors to : Lounge / Diner 17' 0" x 10' 1" (5.18m x 3.07m) Double glazed window to front aspect. Feature fireplace.
This room is open to : Kitchen 7' 0" x 5' 1" (2.13m x 1.55m) Comprises a range of eye and base level storage units complemented by the rolled edge work surfaces with inset sink and mixer tap.
Integrated fridge-freezer. Bedroom 13'' 11" x 8' 1" (4.24m x 2.46m) Double glazed window to front aspect. This room benefits from a built-in wardrobe.
Shower Room A part tiled room comprising large shower enclosure, low level W.C. and wash hand basin with storage beneath. Extractor fan.
Communal Facilities The development benefits from a fun and sociable communal lounge, communal laundry and guest bedroom suite.
Communal Gardens The development benefits from landscaped garden areas where the residents can relax and enjoy the pretty planted areas. Parking Communal car parking to rear.
Agents Note We have been advised that : Lease Term - TBC Ground Rent - circa £250 every 6 months. Service Charge - circa £1,700 every 6 months. Council Tax - Band C
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 Station Road, Thorpe Bay, SS1
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