1-bedroom flat · CM21 9RF
For saleReduced £7.5k (−4.2%) on 13 OctListed 112 days
Opportunity summary
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About
Folio: 15912 A one bedroom first floor apartment with an extended long lease and double-glazed windows.
Situated in the popular Grade II listed buildings of Waterside Place which is ideally situated being just a couple of minutes’ walk from Sawbridgeworth’s mainline train station serving London Liverpool Street and Cambridge.
The property is also a short walk from Sawbridgeworth’s town centre offering shops for all your day-to-day needs, sought after schooling, restaurants, cafes and public houses.
The larger towns of both Bishop’s Stortford and Harlow are each within an easy drive and offer a wide variety of shops, recreational facilities, mainline train stations and of course, M11 leading to M25 access points.
As previously mentioned, 27 Waterside Place is a first floor apartment with an extended lease and replaced double glazed windows.
The property also benefits from an open plan living/dining room, kitchen, double bedrooms, fitted shower room and off-street parking. Immediate vacant possession and no onward chain.
Excellent rental opportunity with a potential rental return of approx. £1,000 per calendar month. Only by internal viewing will this property be fully appreciated.
Communal Entrance Security door leading through into communal entrance hall with two lifts to the first floor and carpeted corridor leading to stairs.
Solid wooden door leading to: Entrance Hall With coving to ceiling, fitted carpet. Sitting Room 15' 0" x 10' 0" (4.57m x 3.05m) with a double-glazed window to front, large Dimplex storage heater, tv.
Aerial point, telephone point, large airing cupboard housing a lagged copper cylinder and shelving, fitted carpet, leading through to: Kitchen 9' 6" x 6' 2" (2.90m x 1.88m) comprising a stainless steel single bowl, single drainer sink with monobloc tap above and cupboard beneath, further range of matching base and eye level units with a complementary tiled surrounds, four ring electric hob with oven and grill beneath, extractor hood and light above, recess and plumbing for washer/dryer, integrated fridge/freezer, fitted carpet.
Shower Room Comprising a single shower cubicle with a curved shower door and wall mounted Aqualisa shower, pedestal wash hand basin, flush w.c., fully tiled walls and flooring, heated towel rail, extractor fan, fitted mirror with light.
Ground Rent £150 per annum. Service/Maintenance Charge Approximately £1650 per month Buildings Insurance Approximately £698 per annum. Lease Approximately 150 years remaining.
Local Authority Epping Forest District Council Band ‘B’
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 Waterside Place, Sheering Lower Road, Sawbridgeworth
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