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See how verdicts work2-bedroom flat · CO6 1DY
Listing removedListed 275 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price: £150,000 - £160,000.
Please note the current owner is applying for a lease extension that will make the lease 180 years and change the ground rent to £0 - The current terms are 91 year lease and £476 per annum ground rent.
This spacious two-bedroom ground-floor apartment is ideally located just off London Road in Marks Tey, offering excellent convenience for commuters and local amenities alike.
The property is perfectly positioned within easy reach of Marks Tey Train Station, which provides direct services into London Liverpool Street, as well as swift access to the A12, A120, and the popular Stane Retail Park.
The well-planned accommodation begins with a porch opening into a welcoming entrance hall, which benefits from a useful storage cupboard.
The heart of the home is the generous living and dining area, featuring multiple windows that flood the space with natural light, creating a bright and airy atmosphere.
The stylish U-shaped kitchen offers an excellent range of worktop and cupboard space, ideal for both everyday living and entertaining.
The apartment comprises a spacious double bedroom fitted with built-in wardrobes, a further well-proportioned second bedroom, and a family bathroom complete with a bath and shower over, WC, and wash basin.
Externally, the property enjoys access to well-maintained communal gardens and further benefits from an allocated parking space.
This home would make an ideal purchase for first-time buyers, downsizers, or investors seeking a well-located and practical apartment in a highly convenient setting.
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 London Road, Marks Tey
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