We value your privacy

We use essential cookies to make our site work, and optional analytics cookies to understand how you use it so we can improve. You can accept all, reject all, or choose your preferences. See our Cookie Policy.

Views: 3 Saves: 0

Sign in to view full details

Create a free investor account to see the full address and book viewings.

4 Mill Road, Aveley, South Ockendon

DB-1135

South Ockendon •••••

£1,900/mo

Service Accommodation
Social Housing

Why the landlord is looking for a dealGuaranteed Rent

This property is well-suited for social housing or serviced accommodation, offering an excellent opportunity for investors who self-manage. If the landlord reduces rent slightly profit can be £1k+ self managed per month.

Type

House

Bedrooms

3

Bathrooms

1

Furnishing

Furnished

Parking

On Street

EPC Rating

C

Planning Use

Residential House (C3)

Tenancy Status

Vacant

Monthly profit potential

What this deal can pay you

£3,780 gross revenue a month at 70% occupancy

24%

Self managed

£918

profit per month

12%

Via management co

£436

profit per month

Move the slider tool to change how the deal looks
Occupancy rate70%
Monthly rent£1,900

Drag the sliders to model your own assumptions. Every figure on this page updates instantly.

Breakeven Analysis

Months to recover all-in costs based on monthly profit at 70% occupancy:

Self Managed

12

months

Via Management Co

25

months

5-Year Profit Projections

(After all-in startup costs, at 70% occupancy)

YearSelf ManagedVia Management Co
1 Year£216£-5,568
2 Years£11,232£-336
3 Years£22,248£4,896
4 Years£33,264£10,128
5 Years£44,280£15,360

Sign in to take action

Create a free investor account to request viewings and contact us about deals.

Location

Discover nearby amenities, transport links, and attractions

Floor Plans

Floor plan

Service Accommodation Revenue

Est. Nightly Rate

£180

per night

Est. Monthly Revenue

£3,780

at 70% occupancy

Comparable Listings

Who This Property Suits

Based on the location and property type, this serviced accommodation is likely to appeal to the following guest types, ranked by suitability:

1

Contractors

High demand from ongoing infrastructure and housing development projects in the South Ockendon and Purfleet area, including the Medebridge Solar Farm and new council housing schemes.

2

Relocation Guests

Significant residential growth identified in the local plan with approximately 4,800 new homes planned, driving demand for temporary housing for those moving into the area.

3

Corporate Guests

Proximity to major employment hubs in Thurrock and the Lakeside area provides a steady stream of corporate professionals working on temporary projects.

4

NHS Staff

Ongoing investment in local healthcare infrastructure, such as the South Ockendon Health Hub and Purfleet Integrated Healthy Living Centre, creates demand for locum staff accommodation.

5

Insurance Guests

General demand for temporary housing for local residents displaced by property damage, supported by the area's dense residential population.

6

Families Visiting Relatives

The area's expansion and new housing developments attract families visiting relatives who have recently relocated to the growing South Ockendon community.

7

Airline Crew

While accessible to London airports, the location is not a primary hub for airline crew compared to areas closer to major airport terminals.

Monthly Costs

SELF MANAGED

Monthly Rent£1,900
Utility Bills£220
Council Tax£175
Platform/Booking Fees£567
Total Monthly Costs£2,862

VIA MANAGEMENT CO

Monthly Rent£1,900
Utility Bills£220
Council Tax£175
Platform + Management Fees£1,049
Total Monthly Costs£3,344

All-In Costs to Get Started

Furnishing Costs(Please note this is an estimate)£4,000
Sourcing Fee£3,000
Deposit (Please note often we can negotiate no deposit after a viewing for you.)£1,900
First Month's Rent (Please note we can often negotiate rent free periods especially if the property needs work)£1,900
Total All-In Cost£10,800

Social Housing Profit

Guaranteed Provider Rent£2,275
Rent to Landlord£1,900
Management/Maintenance£300
Estimated Monthly Profit£75