2-bedroom flat · RM14 3BT
For saleReduced £10k (−3.3%) on 8 OctListed 45 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
•no chain •two bedroom ground floor apartment •conveniently situated for upminster high street and local amenities •secure entry buzz in telecom system •two double bedrooms •open plan kitchen/lounge with integrated appliances •boiler installed 2 years ago and 3 year warranty remaining •please note the property comes with no allocated parking Lease Remaining: 105 Years Ground Rent: £225 Per Annum Service Charge: £1,600 Per Annum Paid Quarterly Communal Exterior Area Buzz in telecom system, communal bins, storage, gated car park.
Communal Hall Doors to accommodation, lift. Entrance Hall Smooth ceiling with inset spot lights and cornice coving, doors to accommodation, storage cupboard housing main wall mounted boiler, radiator.
Open Plan Kitchen/Lounge 23'5x10'3>8' Part wood effect flooring, two radiators, double glazed window to front, smooth ceiling with inset spot lights and cornice coving, a range of eye and base level units with work surfaces over, one and a half sink drainer unit with mixer tap, integrated Bosch washing machine, integrated Hisense oven with four ring electric Beaumatic hob with extractor fan over, integrated fridge freezer, integrated Neff microwave.
Bathroom 6'9x6'1 Smooth ceiling with inset spot lights, low level wc, pedestal wash hand basin with mixer tap, part tiled walls, heated towel rail, bath with mixer tap, shower screen and wall mounted shower.
Bedroom One 15'>12'3x8'2 Smooth ceiling with cornice coving, double glazed window to front, radiator.
Bedroom Two 12'4x7'5 Radiator, double glazed window to front, smooth ceiling with cornice coving.
Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms: A96d52d00e6b
Value & comps
No previous sales on record.
Returns
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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 Flat 3, Cirrus Court,, St. Marys Lane, Essex
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