1-bedroom flat · CM8 2AB
For saleReduced £5k (−2.9%) on 10 OctListed 205 days
Opportunity summary
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About
Offered with no onward chain is this extremely well-presented executive style one bedroom duplex apartment.
The property is part of a former Victorian Chapel and has retain some period and character features including arched windows and ceiling and wall beams.
The property would make an ideal purchase for first time buyers or investors and is situated within a stone’s throw of Witham town centre and walking distance of Witham train station.
On entering the property you are presented with the open plan lounge/kitchen with stairs rising to the first floor, wooden flooring and windows to the front aspect.
The kitchen has a range of modern wall and base units, sink inset to worksurface with a modern tiled splashback, integrated electric oven with a four ring gas with extractor above, integrated fridge freezer, fitted washer/dryer and a dishwasher.
The first floor landing gives access to the bedroom which has a window to the front aspect whist the bathroom has a W.C, wash hand basin, bath with shower over and heated towel rail.
Outside To the rear of the property is an allocated parking space and the property also benefits from a private storage area.
Location Witham is a thriving market town with two shopping centres and a variety of shops serving day-to-day needs.
The town has a mainline railway station with direct trains to London Liverpool Street with a journey time of approximately 45 minutes.
There are also nearby road links via the A12 to Chelmsford, M25 and London to the south, and to the north, Colchester and Ipswich.
The A120 can be joined at Braintree giving easy access to Stansted Airport and M11. Directions Please use the postcode CM8 2AB for SatNav.
Important Information Council Tax Band - B Lease length - 989 years remaining.
Management Charge - approx £1400 per annum Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold with a share of the freehold Lease details - Subject to confirmation from the management company EPC rating - D Ref - WIT250157/ea
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
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FAQ
About Flat 2 Chapel House, 2B, Maldon Road, Witham
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