3-bedroom house · SS3 8TX
Listing removedReduced £20k (−5.7%) on 21 JunListed 218 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This wonderful house is the perfect purchase for those looking to get onto the property ladder.
As you walk into the entrance hall you discover an open plan kitchen/diner with space for appliances, a spacious lounge with sliding patio doors overlooking the rear garden and a downstairs cloakroom.
The first floor is home to a three piece suite bathroom and three great sized bedrooms.
The exterior is complimented with a garage for additional storage with off street parking in front and side gated access to a beautiful rear garden with a shingled patio area where you can enjoy entertaining guests throughout the year!
Location wise, you are a short walk from local shops, a 15 minute walk from Friars Park where you can enjoy long walks in the fresh air all year round, a short drive from the high street which offers shops, cafes and pubs and only a short walk from Thorpe Bay station for those who commute into London.
Tenure type - Freehold Council tax band - D Entrance Hall Entrance door into hallway comprising coved cornicing to ceiling with pendant lighting, stairs leading to first floor landing, vinyl flooring, doors to: Downstairs Cloakroom Two piece suite comprising wall mounted wash hand basin and low level w/c, double glazed obscure window to side, ceiling with ceiling light, radiator, vinyl flooring Kitchen (11'6 x 12'5) Range of wall and base level units with laminate work surfaces above incorporating stainless steel sink with drainer unit, integrated oven with four ring gas hob and extractor unit, space for washing machine, dishwasher and fridge/freezer, double glazed windows to front and side, coved cornicing to ceiling with ceiling light, partly tiled walls, vinyl flooring Lounge (15'5 x 13'3 < 16'8) Double glazed window to rear, double glazed sliding patio doors to rear opening to rear garden, coved cornicing to ceiling with pendant lighting, under stair storage cupboard, two radiators, carpeted flooring First Floor Landing Coved cornicing to ceiling with pendant lighting, loft access, airing cupboard, carpeted flooring, doors to: Bedroom One (8'8 x 15'5) Double glazed window to front, coved cornicing to ceiling with pendant lighting, built in wardrobes, radiator, carpeted flooring Bedroom Two (8'6 x 10'5) Double glazed window to rear, coved cornicing to ceiling with pendant lighting, built in wardrobes, radiator, carpeted flooring Bedroom Three (6'7 x 10'5) Double glazed window to rear, coved cornicing to ceiling with pendant lighting, built in wardrobes, radiator, carpeted flooring Bathroom Three piece suite comprising panelled bath with mixer taps and handheld shower attachment, pedestal wash hand basin with mixer tap and low level w/c, double glazed obscure window to side, ceiling with ceiling light, tiled walls, radiator, vinyl flooring Rear Garden Shingled patio area, external lighting and tap, remainder laid to lawn with mature trees and feature shrub borders, side gated access to front garden Front Garden Mainly laid to lawn, feature shrubs, external lighting & tap, outdoor storage cupboard, side gated access to rear garden Garage And Parking Garage at the rear of the property with double doors to front, power and lighting, pitched roof with storage space, hardstanding area to front providing off street parking for one vehicle School Catchment Friars Primary School and Shoeburyness High School
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 7, Caversham Avenue, Southend-on-sea
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