2-bedroom flat · CM8 1UJ
Let agreedListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Communal entrance door:- leads to:- Communal hallway:- stairs to 2nd floor, communal landing leads to:- Entrance door:- leading to:- Hallway:- security entrance telephone unit, wall mounted heater,, laminate wood flooring, coved ceiling, storage cupboard, internal doors leading to:- Living room:- double glazed window to front, double glazed door leading to balcony, wall mounted heater, laminate wood flooring, coved ceiling Kitchen:- double glazed window to rear, single bowl sink unit with mixer tap, incorporating worktop surfaces with cupboards and drawers under, fitted range of wall mounted units, inset electric hob, tiled splashback, electric oven under, extractor hood over, washing machine, fridge freezer, laminate floor, insect spotlights to ceiling Bedroom one:- double glazed sliding doors leading to balcony, wall mounted electric heater, coated ceiling Ensuite:- double glazed window to rear, shower cubicle with pivot shower door, thermostatic shower, tiled surround, low level w/c, heated towel rail, pedestal hand wash basin, laminate floor, inset spot lights to ceiling Bedroom two:- double glazed window to rear, electric wall mounted heater, cove ceiling Bathroom:- double glaze window to rear, panel bath with grab handles, thermostatic bar shower with screen, tile surround, low-level WC, heater towel, pedestal hand wash basin, laminate floor, inset spotlights to ceiling External:- the property comes with one allocated parking space
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Mortimer Way, Witham, Essex
Explore nearby