1-bedroom house · SS1 3LU
Listing removedListed 179 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well appointed one bedroom Retirement apartment situated on the ground floor of this sought after purpose built development, within a stone's throw of Thorpe Bay mainline railway station and Broadway shops.
The property is located to the rear of the block and has its own door leading to the pretty communal gardens. Offered for sale at a great price and with immediate vacant possession.
Internal viewing advised! Communal Entrance Hall Approached via double wooden doors with inset glazed panels. Wall mounted entry phone system to side. Doors to manager's office. Communal lounge.
Corridor leading to apartment. Entrance Hall Approached via hardwood front door. Doors lead off to all rooms. Storage cupboard to side housing hot water system and utilities.
Wall mounted entry phone system with emergency pull cord. Coved cornice ceiling. Lounge (4.7m x 3.2m (15' 5" x 10' 6")) UPVC double glazed door to rear leading to communal rear gardens.
Full height double glazed window adjacent. Feature wooden mantle with stone hearth and inset. Wall mounted electric storage heater. Emergency pull cord system. Wall mounted lighting. Coved ceiling.
Open archway to front provides access to the: Kitchen (2.29m x 1.65m (7' 6" x 5' 5")) Kitchen is fitted with a range of base and eye level shaker style cabinets incorporating a wood effect working surface, inset composite sink with mixer tap and drainer unit.
Inset four burner ceramic hob with electric fan assist oven beneath. Space for free standing fridge/freezer. Tiled splashbacks. Wood effect laminate flooring. Coved ceiling.
Bedroom (3.7m x 2.67m (12' 2" x 8' 9")) UPVC double glazed tilt and turn window to rear overlooking communal rear garden. Fitted wardrobe unit with mirrored folding doors.
Wall mounted electric heater. Wall mounted lighting. Emergency pull cord. Coved ceiling.
Shower Room Fitted with a modern three piece suite comprising low flush WC, wash basin with mixer tap and storage cupboard beneath and larger than average shower cubicle with wall mounted electric shower, adjustable showerhead and glass shower screen.
Chrome heated towel rail. Tiled effect vinyl flooring. Tiled walls. Wall mounted lighting. Wall mounted extractor fan. Emergency pull cord system. Coved cornice to smooth plastered ceilings.
Communal Entrance The development benefits from pretty and well maintained communal gardens which are laid to lawn with maturing trees and shrubs and seating areas.
Parking The development has a communal rear car park plus a garage for mobility scooter storage and charging.
Communal Facilities The development has a part time house manager, communal laundry, guest bedroom suite and a fun and sociable communal lounge.
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 Flat 1, Homerowan House,, Station Road, Essex
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