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See how verdicts work2-bedroom flat · SS8 8NH
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the desirable Leigh Beck area of Canvey Island, this charming first-floor flat on Stella Maris Close offers a perfect blend of comfort and convenience.
With two generously sized bedrooms, this property is ideal for small families, couples, or individuals seeking a spacious living environment.
Upon entering, you are welcomed by a spacious entrance hall that leads to a bright and airy lounge, measuring an impressive 16'4.
This inviting space not only provides ample room for relaxation but also connects seamlessly to a delightful balcony, perfect for enjoying your morning coffee or unwinding in the evening.
The flat features a well-appointed kitchen and a bathroom, ensuring all your essential needs are met.
The building comprises just four apartments, fostering a sense of community while maintaining a peaceful atmosphere.
Additionally, the property benefits from parking for two vehicles, a valuable asset in this area.
The flat is equipped with gas-fired central heating, ensuring warmth and comfort throughout the colder months.
Conveniently located, this property is within easy reach of local shops, schools, and bus routes, making it an excellent choice for those who value accessibility.
Whether you are looking to invest or seeking a new home, this spacious flat on Stella Maris Close presents a wonderful opportunity to enjoy life on Canvey Island.
Communal Entrance Hall - Stairs to the first floor and wooden door to own hall Hall - Two storage cupboards door off to the remainder of the accommodation.
Lounge - 4.98mx4.01m (16'4x13'2) - Double glazed sliding patio doors opening onto the balcony, two radiators, coved and textured ceiling.
Kitchen - 4.06mx2.39m (13'4x7'10) - Double glazed window facing the car park area, units and drawers at base level with work surface over, inset stainless steel sink, storage cupboard and wall mounted gas fired boiler.
Bedroom One - 4.95mx3.28m (16'3x10'9) - Double glazed window to the front, radiator, coving to the ceiling Bedroom Two - 3.63mx3.25m (11'11x10'8) - Double glazed window to the rear, radiator.
Bathroom - White three piece suite comprising low-level w/c, pedestal wash hand basin and bath with shower screen and wall mounted shower (not tested), textured ceiling, radiator.
Externally - We under from the vendors that there are two allocated car parking spaces of which details will follow and again the use of the communal gardens.
Leasehold - 09.01.1995) short particulars of the lease(s) (or under-lease(s)) under which the land is held: Date: 12 July 1974 Term: 999 Years From 25 June 1973 We understand the gardens are communal - we are awaing further confirmation
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
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FAQ
About NO ONWARD CHAIN - Stella Maris Close, Canvey Island
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