3-bedroom flat · RM15 6AR
Listing removedListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Three-Bedroom Upper Floor Flat With Balcony, South Ockendon Presented as an excellent opportunity for first-time buyers, families, or investors, this three-bedroom upper floor flat in South Ockendon offers significant potential.
With a substantial lease of 125 years remaining, this property is ready for modernisation, allowing you to create a home perfectly tailored to your tastes and needs.
The accommodation includes a bright reception room, a functional kitchen, three well-proportioned bedrooms, and a bathroom.
A key feature is the private balcony, providing a pleasant outdoor space for relaxation. The property benefits from double glazing and gas radiator heating, ensuring comfort throughout the seasons.
While modernisation is required, this presents a fantastic chance to add value and personalise your living environment.
Situated in a popular location, this home is exceptionally well-positioned for transport links.
Residents will appreciate the easy access to the A13 and M25 motorways, making commuting straightforward. Ockendon C2C station is also nearby, offering convenient rail connections.
The area provides access to local amenities and community facilities, enhancing daily living. This property falls within Council Tax Band A and has an EPC Rating of D.
Early viewing is highly recommended to fully appreciate the potential this home offers. Contact M&P Estates to arrange your viewing today.
Lease remaining: 125yrs Lease end date: 31/12/2116 Service charge: 1699 Ground Rent: £10
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
Agent & docs
FAQ
About 25 Corran Way, South Ockendon, Essex
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