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See how verdicts work2-bedroom flat · SS17 7RF
Sold STCListed 220 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Surprisingly spacious and newly decorated 2 bedroom 2nd floor balcony apartment with garage included, Gas heating and edge of Corringham Town shopping and leisure. Great first time buy or buy to let.
No Onward Chain! Surprisingly spacious and newly decorated 2 bedroom 2nd floor balcony apartment with garage included, Gas heating and edge of Corringham Town shopping and leisure.
Great first time buy or buy to let. No Onward Chain! Entrance Hall: The Entrance has has a built-in cupboard and providing access to all rooms.
Lounge/diner with balcony: 15'6" x 11'4" (4.72m x 3.45m) Impressive and spacious lounge dining design with laminate flooring, radiator, double glazed window/french doors leading to balcony.
The balcony is a lovely addition to the home at 7'8" x 3'9".
Kitchen: 10'11" x 9'3" max (3.33m x 2.82m max) Well sized kitchen with range of base and eye level units with work surfaces, single drainer sink unit and double glazed window to rear.
Wall mounted gas boiler Bedroom 1: 13'10" x 11'11" (4.22m x 3.63m) Generous bedroom 1 size and presented with double glazed window to front, radiator heating and laminate wood flooring.
Bedroom 2: 9'6" x 7'7" (2.9m x 2.3m) Well sized and presented with double glazed window to rear, radiator and laminate wood flooring.
Bathroom 6'9" x 6'2" (2.06m x 1.88m) Three piece bath suite plus shower over bath, tiled flooring, tiled walls and double glazed window to rear. Garage: A garage in block is included.
Lease information: 87 years remaining. Ground Rent: £100 per annum.
Service Charge: £1328 per annum - includes Annual buildings insurance, Communal cleaning, window cleaning and garden maintenance (solicitors to verify).
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 Stanford Hall, Gordon Road, Corringham, SS17
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