2-bedroom flat · CM24 8LH
For saleListed 254 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are delighted to bring to market this lovely, bright, and spacious first-floor flat, set within a quiet cul-de-sac and forming part of a small, well-maintained block of just four properties.
The flat boasts a generously sized lounge filled with natural light, and a modern, stylish kitchen - perfect for both everyday living and entertaining.
There are two bedrooms: a comfortable double and a versatile single room, ideal as a guest room or home office.
The family bathroom features a window overlooking the communal garden - a rare and welcome touch.
Additional benefits include a part-boarded loft, offering excellent storage space, and a very reasonable combined service charge and ground rent of just over £600 per annum.
Outside, there is ample residents' parking along with designated visitors' spaces.
Conveniently, there are several shortcut paths providing easy access to local amenities and the nearby train station - making this a great choice for commuters.
Viewing is highly recommended to fully appreciate all this fantastic flat has to offer Council Tax Band: B Tenure: Leasehold (91 years) Ground Rent: £10 per year ESTATE AGENTS NOTES IMPORTANT NOTE TO POTENTIAL PURCHASERS & TENANTS: We endeavour to make our particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
The services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All photographs and measurements have been taken as a guide only and are not precise. Floor plans where included are not to scale and accuracy is not guaranteed.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
POTENTIAL PURCHASERS: Fixtures and fittings other than those mentioned are to be agreed with the seller.
POTENTIAL TENANTS: All properties are available for a minimum of six months, with the exception of short term accommodation. A security deposit of at least one month's rent is required.
Rent is to be paid one month in advance. It is the tenant's responsibility to insure any personal possessions.
BUYERS INFORMATION To conform with government Money Laundering Regulations 2019, we are required to confirm the identity of all prospective buyers..
Please note, we are unable to issue a memorandum of sale until the checks are complete.
REFERRAL FEES We may refer you to recommended providers of ancillary services such as Conveyancing, Financial Services, Insurance and Surveying.
We may receive a commission payment fee or other benefit (known as a referral fee) for recommending their services. You are not under any obligation to use the services of the recommended provider.
Lounge 3.57m x 4.37m (11'9" x 14'4") Bedroom 1 3.29m x 3.33m (10'10" x 10'11") Bedroom 2 3.25m x 1.71m (10'8" x 5'7") Bathroom 2.41m 1.69m (7'11" x 5'7") Kitchen 3.56m x 2.52m (11'8" x 8'3") Whats Great About Stansted Stansted Mountfitchet is a picturesque village just minutes from the M11 and Stansted Airport, with a mainline station offering direct trains to London, Cambridge, and the airport.
The village features a range of local amenities including shops, a post office, medical centre, historic Windmill and Castle, plus a great selection of pubs, restaurants, and cafés.
Sports enthusiasts can enjoy tennis, cricket, football, and bowling clubs. Ideal for families, the area is served by three primary schools and a secondary school.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
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