3-bedroom house · SS11 7JX
Sold STCReduced £25k (−7.7%) on 17 OctListed 70 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A three bedroom terraced house offering spacious accommodation and excellent potential for those looking to modernise and create their ideal home.
The property is now in need of refurbishment, providing an exciting opportunity for buyers to put their own stamp on the accommodation.
The ground floor comprises a front-to-back lounge, providing a generous and versatile reception space, along with a front-to-back kitchen/diner offering plenty of room for family dining and entertaining.
There is also a convenient downstairs WC. Upstairs, the property offers three good-sized double bedrooms and a family shower room.
Externally, the property benefits from an east-facing rear garden, which also houses a garage, providing useful storage or potential for a variety of uses.
Parking is currently available via on-street parking, although neighbouring properties have converted their front gardens to create private driveways, potentially offering an option for buyers to explore, subject to any necessary permissions.
The property is offered for sale with no onward chain, making it an attractive opportunity for those seeking a project with plenty of potential in a popular residential setting.
Please note this home is a concrete construction called Wimpy No Fines for mortgage & insurance purposes. No onward chain!
Lounge 21'2 x 10'4 Kitchen 10'4 x 21'2 W/C Bedroom One 10'6 x 12'2 Bedroom Two 7'4 x 15'1 Bedroom Three 8'5 x 7'6 Bathroom 5 x 6'1 No onward chain Approx 50ft rear garden 0.7 mile walk to Wickford railway station & high street Council tax band C
Value & comps
No previous sales on record.
Returns
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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 62 Arundel Road, Wickford
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