2-bedroom property · CM7 2TT
Sold STCListed 265 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Michaels Property Consultants are delighted to bring to the market this beautifully presented two-bedroom, first-floor apartment, exclusively for the over-60s and offered with no onward chain.
The property forms part of Tabor Place, a well-regarded and conveniently located retirement development comprising 38 apartments and offering an excellent range of on-site facilities.
Occupying a desirable south-facing position within the development, the apartment enjoys pleasant views over the well-maintained communal gardens.
The internal accommodation is thoughtfully arranged and comprises an entrance hall, a spacious living room with French doors opening to a Juliet balcony, a well-appointed kitchen finished with granite worktops, two generously sized bedrooms, including a principal bedroom with en-suite shower room, and a modern main bathroom Residents benefit from a welcoming communal lounge and garden room, which hosts a variety of social events, a laundry room, and a guest suite available to book for a nominal fee—ideal for visiting friends or family.
Externally, residents can enjoy the immaculately kept communal gardens, along with residents’ parking available on a first-come, first-served basis.
For peace of mind, a Development Manager can be contacted from various points within the property in the event of an emergency.
When the manager is off duty, residents are supported by a 24-hour Appello emergency call system.
Entrance Hall Lounge 14' 4" x 12' 2" (4.37m x 3.71m) Kitchen 10' 11" x 6' 0" (3.33m x 1.83m) Bedroom One 15' 5" MAX x 14' 4" (4.70m x 4.37m) En-Suite Shower Room Bedroom Two 10' 4" x 10' 0" (3.15m x 3.05m) Bathroom Communal Garden Residents Parking Available To Rear Of Block
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 Nottage Crescent, Braintree, CM7
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