2-bedroom flat · CM6 3NT
For saleListed 139 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The Mill is a beautifully converted former flour mill situated close to the village of Felsted.
It has lots of lovely period features with the benefit of minimal maintenance costs and a virtual peppercorn ground rent. Entrance Hall The welcoming entrance hall provides access to all rooms.
Kitchen Breakfast Room The impressive kitchen and breakfast room is fitted with a stylish German-designed kitchen, featuring a range of units, roll-edged work surfaces, and integrated appliances including a neff oven, halogen hob, and extractor hood.
There is also space and plumbing for a washing machine and dishwasher, an integrated fridge/freezer, and attractive wood laminate flooring.
A feature window to the side elevation brings in plenty of natural light.
Lounge Steps lead down to the generous lounge and dining room, a stunning dual-aspect space with full-height feature windows on both sides, creating a bright and airy atmosphere.
This room offers ample space for both living and dining or study area, with inset ceiling spotlights, built-in shelving, and two radiators, making it perfect for relaxing or entertaining.
Bedroom 1 The main bedroom is a bright double room with a full-height feature window to the front, built-in wardrobe, and radiator.
Bedroom 2 The second bedroom is also a comfortable double, a secondary double-glazed window, and radiator.
Family Bathroom The family bathroom is fitted with a white suite comprising a panel-enclosed bath with shower over, vanity unit with inset wash basin and low-level WC, heated towel rail, and fully tiled walls.
A window to the front elevation and inset ceiling spotlights complete the space.
Outside Outside, the property benefits from off-road parking for up to three vehicles, a private single garage, and a lovely communal lawned garden area to the side, perfect for low-maintenance outdoor enjoyment.
The property is leasehold with just under 100 years remaining. The annual service charge is £960 and ground rent is £10 per annum.
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 Flat 2 The Mill, Cock Green, Felsted
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