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See how verdicts work2-bedroom flat
For saleListed 3 daysAuction 10 Nov · in 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price = £50,000+ **For Sale By Public Auction 11th November 2026 09:30 am.
To inspect the legal documents for this property go to our website to download the legal pack** An Eighth Floor Two Bedroom Flat in Need of Modernisation Subject to a Periodic Tenancy Producing £7,800 Per Annum 6 Week Completion Available Tenure Leasehold.
The property is held on a 125 year lease from 4th March 1991 (thus approximately 89 years unexpired ). Location The property is situated on a residential road close to local shops and amenities.
The open spaces of Southend-on-Sea Beach are within easy reach. Transport links are provided by Southend Victoria rail station.
Description The property comprises an eighth floor two bedroom flat situated within a purpose built block arranged over ground and fifteen upper floors.
Accommodation Eighth Floor Reception Room Kitchen Two Bedrooms Bathroom Tenancy The property is subject to a Periodic Tenancy at a rent of £650 per calendar month.
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
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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
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FAQ
About Chichester Road, Southend-on-Sea
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