1-bedroom flat · SS4 1YD
Sold STCListed 196 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**35% Shared Ownership** Horizon Estate Agents are pleased to bring to the market this bright and spacious one bedroom first floor apartment.
The property comprises of a 18'8' x 11'1 modern fitted kitchen/lounge, double bedroom and modern fitted bathroom suite.
Further benefits include access to a communal garden and allocated off street parking for one vehicle. Internal viewing essential.
Entrance Hall - Upvc obscured double glazed entrance door, smooth plastered ceiling, carpeted stairs to first floor.
Landing - Upvc double glazed window to side aspect, smooth plastered ceiling with loft access, radiator, power points, carpeted, storage cupboard.
Lounge/Kitchen - 5.69m' x 3.38m (18'8' x 11'1) - A range of eye and base level units with working surfaces over, inset stainless steel sink with drainer unit, integrated electric oven, integrated dishwasher, integrated washer/dryer, integrated fridge freezer, four ring gas hob with extractor hood over, two upvc double glazed windows to front aspect, smooth plastered ceiling with spotlights, power points, radiator, wood flooring.
Bathroom - Three piece suite comprising panelled bath with shower attachment over, pedestal wash hand basin, close coupled w.c, upvc obscured double glazed window to side aspect, upvc obscured double glazed window to rear aspect, smooth plastered ceiling with spotlights, heated towel rail, extractor fan, part tiled walls, tiled flooring.
Bedroom - 4.22m' x 3.23m (13'10' x 10'7) - Upvc double glazed window to rear aspect, smooth plastered ceiling, radiator, power points, carpeted.
Communal Garden - Paved patio seating area, laid to lawn. Parking - Allocated off street parking for one vehicle.
Additional Information - Tenure - Leasehold Length of lease - 120 years Council - Rochford District Council Council tax band - B Rent, Service Charge & Ground Rent - £538.38 per calendar month Agents Note - We recommend our customers use our panel of Conveyancers.
It is your decision whether you choose to deal with our panel of Conveyancers but you are under no obligation to do so.
You should know that we would receive a referral fee of £150 per transaction from them for recommending you to them.
Should you arrange a Mortgage through our recommended mortgage advisor, of which there is no obligation.
We will receive a commission fee, the amount of commission will depend on the size of the loan and any associated insurance products that you decide to take.
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 Alice Gardens, Rochford
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