We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · SS7 1LT
No longer listedReduced £25k (−7.7%) on 11 SepListed 108 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Morgan Brookes believe - Being positioned within a short distance of Benfleet Train Station, Benfleet Downs & local amenities this stunning 1st floor apartment is a great first time buyers home.
The property boasts 2 double bedrooms, both with their own en-suites, modern fitted kitchen, private balcony & further benefitting from large communal terrace & secure underground parking.
Our Sellers love - That the property has been a lovely home in a fantastic location, just a few minutes' walk from the train station with direct links to London and Southend, as well as Benfleet Downs and local amenities.
They have especially loved the abundance of natural light, with the long entrance hallway giving the flat more of a bungalow feel than a typical apartment.
The west-facing balcony is the perfect spot to enjoy the evening sun and beautiful sunsets.
Communal Entrance Glazed panelled door to: Communal Hall Stairs leading to first floor, wood panelled door to: Hallway (21' 5'' x 4' 0'' (6.52m x 1.22m)) Two double glazed windows to side aspect, built in storage cupboard housing meters & boiler, smooth ceiling incorporating inset downlights, carpet with underfloor heating, doors to: Bedroom 1 (20' 8'' x 9' 11'' (6.29m x 3.02m)) Double glazed window to side aspect, smooth ceiling, carpet with underfloor heating, door to: En-Suite Shower Room (5' 9'' x 5' 7'' (1.75m x 1.70m)) Double shower cubicle, vanity hand basin, low level WC, complimentary tilling to walls, smooth ceiling, tiling to floor with underfloor heating.
Bedroom 2 (17' 4'' x 10' 6'' (5.28m x 3.20m)) Double glazed window to side aspect, smooth ceiling, carpet flooring with underfloor heating, door to: En-Suite Shower Room (6' 7'' x 4' 11'' (2.01m x 1.50m)) Double shower cubicle, vanity hand basin, low level WC, complimentary tilling to walls, smooth ceiling, tiling to floor with underfloor heating.
Cloakroom (5' 2'' x 2' 9'' (1.57m x 0.84m)) Vanity hand basin, low level WC, complimentary tiling to walls, smooth ceiling, tiled flooring with underfloor heating.
Open Plan Living Room / Kitchen (24' 6'' x 11' 2'' (7.46m x 3.40m)) Kitchen Double glazed window to side aspect, fitted range of base & wall mounted units, roll top work surfaces incorporating stainless steel sink & drainer unit, 4 point hob with extractor over, integrated oven & fridge/freezer, space & plumbing for appliances, smooth ceiling incorporating inset downlights, tiled flooring with underfloor heating, opens to: Living Room Double glazed French doors to balcony, smooth ceiling, carpet flooring with underfloor heating.
Balcony Private balcony with metal balustrade. Communal Outside Terrace Large decked area accessed from the first floor communal hallway.
Secure Underground Parking & Bike Storage Accessed via electric gates from School Lane, 1 allocated parking space. Secure bike storage.
Additional Information Service Charges : £1,672.08 per annum. Ground Rent : £0. Buildings Insurance : £423.40 approx. Per annum. Remaining Lease Length : 193 years approx.
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 Flat 8 Troy Court, 30 -32 Essex Way, Benfleet
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