2-bedroom house · CM7 9DJ
Sold STCReduced £5k (−2%) on 24 SepListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
'no onward chain' Located in quiet cul de sac location, is this well presented 2 bedroom mid terrace house, ideal for the first time buyer or investor.
The accommodation offers to the ground floor lounge, kitchen/diner with oven and hob and patio door out to the rear garden.
To the first floor there are 2 bedrooms, fitted wardrobes in bedroom one and bathroom. The property has double glazed windows, gas fired central heating and rear garden.
To the front there are 2 allocated parking spaces. The property is located within walking distance of Great Bradfords Primary School and the Tesco Superstore, located at Marks Farm.
Braintree Town centre is a few minutes drive with its more comprehensive facilities and Branch Line Station, with service to London Liverpool Street.
The by pass is within a few minutes drive, around town to the Braintree Shopping Village and across to the A120 with access to Stansted airport and the M11.
Reception 1 4.65m (4.65m) x 3.58m (3.58m) - Door to lounge with double glazed window to front, stairs to first floor, radiator, door to: Kitchen/Diner 3.56m (3.56m) x 2.95m (2.95m) - Range of wall and matching drawer and base units, with contrasting work surfaces.
Built in oven and inset hob with hood over. Cupboard housing the combi boiler (installed approx 3 years ago), inset sink unit, provision for washing machine.
Double glazed window and patio door out to the rear garden First Floor Landing Access to loft, doors to: Bedroom 1 3.58m (3.58m) x 2.82m (2.82m) - Double glazed window to rear, radiator, fitted double wardrobe Bedroom 2 3.56m (3.56m) x 2.11m (2.1m) - Double glazed window to front, radiator Bathroom 3 piece white suite comprising vanity wash basin, bath with mixer shower and screen with full tiled surround, low level WC.
2 storage cupboards, radiator Garden Coloured slate small beds to front, and path to entrance door. To the front there are the 2 allocated parking spaces.
Rear garden has patio to immediate rear, leading to lawn with bushes and shrubs and garden shed. Outside tap. Council tax band C (braintree district council) EPC rating C
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 11, Sovereign Close, Essex
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