2-bedroom flat
For saleListed 1 day
Opportunity summary
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About
* guide price £160,000 - £170,000 * no onward chain * modern fitted kitchen * spacious lounge/diner * modern bathroom & shower room * garage & allocated parking * well-presented block of flats * Bear Estate Agents are delighted to present this spacious two-bedroom apartment, ideally situated within a secure gated development close to the seafront.
Offering well-proportioned accommodation throughout, this property is an excellent opportunity for first-time buyers, professionals or investors.
The apartment features two double bedrooms, including a generous king-sized principal bedroom, alongside a spacious lounge/diner with double-glazed windows and stylish lighting.
The modern L-shaped fitted kitchen boasts integrated appliances, ample storage and dedicated space for a fridge/freezer and washing machine.
Further benefits include a bathroom, separate shower room, double glazing throughout, a garage and an allocated parking space.
Combining generous living space, practical features and a desirable coastal location, this attractive apartment is well worth viewing.
Frontage The property is situated within a well-presented, securely gated block of flats and benefits from double glazing, a garage and an allocated parking space.
Entrance Hall (4.06m x 1.30m (13'4 x 4'3)) An entrance hallway featuring a smooth ceiling with pendant lighting and tiled flooring, providing access to all rooms within the property.
Lounge/Diner (5.36m x 5.00m (17'7 x 16'5)) A spacious open-plan lounge/diner featuring a smooth ceiling with recessed spotlights and pendant lighting, double-glazed windows, and carpeted flooring.
The room also benefits from a loft hatch and offers a versatile living and dining space, open plan to: Kitchen (5.00m x 3.18m (16'5 x 10'5)) A modern L-shaped fitted kitchen featuring tiled flooring, part-tiled walls, pendant lighting and under-cabinet illumination.
The kitchen is equipped with an integrated oven, microwave and extractor fan, a four-ring gas hob, and a stainless-steel sink.
Further benefits include ample storage space, a dedicated cupboard for a fridge/freezer, and space for a washing machine.
Bedroom One (4.17m x 3.56m (13'8 x 11'8)) A spacious king-sized bedroom featuring a smooth ceiling with pendant lighting and recessed spotlights, a double-glazed window, and a wall-mounted radiator.
Ensuite (1.63m x 1.57m (5'4 x 5'2)) The bathroom features a smooth ceiling with a pendant light, tiled walls and flooring, a built-in bath, a wall-mounted mirrored medicine cabinet, a floating wash basin, a WC, and a wall-mounted heated towel rail.
Bedroom Two (2.97m x 2.24m (9'9 x 7'4)) A double bedroom featuring a smooth coved ceiling with a pendant light, a double-glazed window, a wall-mounted radiator, and carpeted flooring.
Bathroom (2.03m x 1.63m (6'8 x 5'4)) The bathroom features a smooth ceiling with recessed spotlights, fully tiled walls and flooring, a corner shower, a floating wash basin, a wall-mounted mirror, a WC, and a wall-mounted heated towel rail.
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 Forge Way, Southend-on-Sea
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