3-bedroom flat · SS17 7LP
Sold STCListed 82 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A refurbished first & second floor maisonette situated in the Corringham Town Centre offering 3 good sized bedrooms, 19`1 Lounge, 14`6 newly fitted kitchen, new shower room and floor coverings.
There is a courtyard style area to the front of the property. No onward chain. New lease to be granted.
Entrance door to: Hall Laminate style flooring, radiator, stairs to second floor with cupboard under, doors to: Kitchen - 14'6" (4.42m) x 12'4" (3.76m) Double glazed window to front, new fitted kitchen with inset sink and mixer tap, work top surfaces with cupboards and drawers below, eye level cupboards, tiled splash backs, 4 ring gas hob with extractor hood over and under oven, appliance spaces, cupboard housing new boiler.
Lounge - 19'1" (5.82m) x 13'4" (4.06m) Double glazed square bay window & further double glazed with to rear, laminate style flooring, radiator.
Landing Doors to: Bedroom One - 13'5" (4.09m) x 9'4" (2.84m) Double glazed window to rear, radiator, coved ceiling, built in cupboard Bedroom Two - 12'4" (3.76m) x 9'10" (3m) Double glazed window to front, radiator, coved ceiling, built in cupbaord Bedroom Three - 10'3" (3.12m) x 9'3" (2.82m) Double glazed window to rear, radiator, coved ceiling Shower Room 2 pattern double glazed window to front, new fitted suite comprising walk in shower cubicle, wash hand basin in vanity surround, low level wc, laminate style flooring, towel rail.
Courtyard Garden Fenced for privacy, storage shed, paved.
Agents Note The property has recently been refurbished/ converted and will benefit from a new lease to be drawn up Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
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
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FAQ
About Grover Walk, Corringham
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