2-bedroom flat · CM5 9FG
Listing removedListed 129 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Ground Floor: Entrance door with entry phone to communal hall and stairs.
Hall: Entrance door, radiator, entry phone, laminate wood effect flooring, built in storage cupboard and separate airing cupboard.
Lounge/ Kitchen: 24' x 10'7 Bedroom One: 8'10 x 9' En Suite: White suite with shower cubicle, pedestal wash hand basin, low level WC one wall half tiled, chrome radiator, extractor fan.
Bedroom Two: 13' x 6'1 Bathroom: White suite with panel enclosed bath with tiled splash back, pedestal wash hand basin, low level WC one wall half tiled, chrome radiator, extractor fan, double glazed window.
Outside: Allocated parking space, communal garden. Internal measurements have a tolerance of +/-3".
Photographs included on these particulars are for identification purposes only and all that is seen may not necessarily be included . A wide angle lens may have been used.
To pass referencing, a household income of £45,000 pe an is required
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Victoria Road, Ongar
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