2-bedroom flat · CO9 3DT
For saleListed 59 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £185,000 to £190,000.
Offered for sale with no ongoing chain, a two bedroom purpose built ground floor apartment providing deceptively well proportioned accommodation, which includes a large living room and a private rear garden, ideal for family entertaining, directly accessed from the rear of the property.
The apartment is conveniently located approximately 0.4km from the village centre and the amenities including pubs, community store/post office and doctors surgery.
A modern composite type entrance door opens to an 'L' shaped entrance hall which features a very useful walk in storage cupboard and the gas warm air heating unit (untested at the time of inspection).
The hallway provides direct access to all rooms within the apartment.
The kitchen has been re-fitted within more recent years and incorporates handleless doors, counter tops, matching floor and wall base cupboards, composite sink set beneath front facing window with instant hot water tap (water heating unit untested) space for refrigerator, fitted electric oven and ceramic hob, extractor hood, integrated dishwasher and washing machine (appliances untested) .
The living room enjoys excellent natural lighting with windows to two elevations, and as mention previously is a generously proportioned room.
There are two bedrooms both provided with fitted wardrobes and a modern shower room with adjacent separate WC.
Access to the garden is via French doors from the second bedroom within the apartment, or via a side gate which can be accessed by walking through the main building and out through the rear door.
The main part of the garden is raised and hard landscaped for reduced maintenance and convenience. There are timber fences to the boundaries and a small pond.
Garden dimensions; 6m(d) x 9m(w) approximately. Located within the main building the apartment is provided with a useful walk in in storage cupboard which could house a pedal cycle etc.
Agents note; The apartment is fitted with modern laminate flooring throughout. Localised heating is via a gas warm air producing unit.
It is important to note that this heating unit was not tested during our inspection. Titles; the apartment is leasehold, we understand the garden is freehold.
Tenure: Leasehold (Lease length remaining: 93 years) Ground Rent is understood to be approximately £10 annually Service Charges are understood to be approximately £885.70 annually.
Additional information Services: Main water, electricity and drainage Warm air heating to vents.
EPC rating: C Council tax band: A Broadband: Yes Tenure: Leasehold Construction type: Standard Broadband speed: up to 1000 Mbps (Ofcom). Mobile coverage: EE, O2, Three, Vodafone (Ofcom).
None of the services have been tested by the agent. Local authority: Braintree District Council . Viewing strictly by appointment with David Burr.
DAVIDBURR.CO.UK NOTICE: Whilst every effort has been made to ensure the accuracy of these sales details, they are for guidance purposes only and prospective purchasers or lessees are advised to seek their own professional advice as well as to satisfy themselves by inspection or otherwise as to their correctness.
No representation or warranty whatsoever is made in relation to this property by David Burr or its employees nor do such sales details form part of any offer or contract.
HALLWAY KITCHEN 11' 5" x 6' 10" (3.50m x 2.09m) LIVING ROOM 17' 5" x 14' 5" (5.32m x 4.40m) BEDROOM ONE 13' 5" x 9' 5" (4.11m x 2.88m) BEDROOM TWO 14' 9" x 8' 3" (4.52m x 2.52m) SHOWER ROOM WC
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 Castle Hedingham, Halstead, Essex
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