2-bedroom flat · SS1 2RH
Sold STCListed 67 daysAuction 10 Sep · ended
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For sale by online auction on Thursday 10th September 2026 at 11am. This auction is being held in partnership with BidX1.
The Auction Information' link below will take you to the BidX1 platform, where you can view the legal pack for this property and register for the auction.
Bidding on the day of the auction will also take place at this link.
**DEDMAN GRAY-BIDX1 ONLINE AUCTION EVENT 10TH SEPTEMBER 2026** RESIDENTIAL/BUY TO LET INVESTMENT: 2 BEDROOM APARTMENT NEAR SOUTHEND SEAFRONT & CITY CENTRE CONSIDERED TO BE AN IDEAL BUY TO LET INVESTMENT Two bedroom second floor flat with residential parking located within a stone's throw of Southend Seafront and a short walk to Southend City Centre.
The accommodation comprises intercom entry system, two bedrooms, fitted kitchen/breakfast area, good size lounge, bathroom and the property is conveniently situated within half a mile of Southend East Station.
Entrance Hall Lounge - 11'8 x 14'4 Kitchen - 11'8 x 9'7 Bedroom One - 12'10 x 6'11 Bedroom Two - 11'5 x 8'7 Bathroom Entryphone system A 189 year lease commenced on 1st January, 1987 with 150 years remaining We have been advised by a local agent that the property could achieve around £1,300 p/c/m on the open market but interested parties are advised to make their own enquiries.
We are advised that the service charge is £945 every six months (£1890 per annum) and there is no ground rent. For further details please refer to the legal pack.
Dedman Gray Online Auctions are held in association with BidX1 - Europe's leading online auction platform. D
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 41 Marks Court, Southend-on-Sea, Essex, SS1 2RH
Explore nearby
