2-bedroom house · CM7 3EQ
Sold STCReduced £10k (−3.7%) on 13 OctListed 71 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An ideal opportunity for the young couple, first time buyers or investor to acquire this well presented 2 bedroom nd terrace property.
The well presented accommodation comprises to the ground floor, hallway, fitted kitchen and lounge/diner. To the fiirst floor there are 2 bedrooms and bathroom.
The property has double glazing, and gas fired central heating with combi boiler installed around 3 years ago.
The property is located close to selection of shops and schools, and within easy rearch of Braintree Town, for its more comprehensive facilities and branch line station with service to London Liverpool street.
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 12, Nichols Grove, Essex
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