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See how verdicts work1-bedroom flat · CM12 0UT
Sold STCListed 267 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the heart of Billericay, this one bedroom apartment is an ideal property for first time buyers and investors alike.
With 962 years remaining on the lease and peppercorn ground rent, this property offers peace of mind for buyers looking to secure a long-term investment.
The flat comes with allocated parking, making it convenient for residents to park their vehicles securely.
Its close proximity to Queens Park Country Park provides a serene and picturesque setting for outdoor activities and leisurely walks.
The local amenities are within easy reach, with the nearest Aldi and shopping parade just 0.5 miles away.
This makes grocery shopping and running errands convenient for residents living in this property.
For commuters, the property is just a 1.1 mile walk to Billericay Train Station, offering excellent transport links into London and beyond.
Additionally, there are excellent bus links into the town centre for those who prefer public transportation.
Additionally, the property is just 0.7 miles away from Lake Meadows Cricket ground, perfect for sports enthusiasts or those who enjoy outdoor activities.
For investors, this flat presents an ideal opportunity with potential for rental income and capital growth.
Its easy access to both Chelmsford and Shenfield also adds to its appeal as a desirable rental property. In Billericay, Essex, residents can enjoy a variety of activities and attractions.
The town offers a vibrant dining scene with a range of restaurants and cafes to explore. The high street is lined with boutique shops and markets, providing plenty of opportunities for shopping.
Nature enthusiasts will appreciate the beautiful parks and green spaces that Billericay has to offer, including Lake Meadows and Norsey Wood.
These locations are perfect for picnics, walks, and enjoying the outdoors. Tenure: Leasehold Lease Length: The property was built with a 999 year lease in 1979.
There are 962 years remaining Service Charge: The vendor has advised us that there is no monthly or yearly service charge for the property however, if there is any maintenance that needs doing to the building the management company sends over a report with costs involved and the costs are split 4 ways between each resident of the block.
Ground Rent: Peppercorn Band B is the council tax band for this property with an annual amount of £1,746. As an integral part of the community, we have got to know the best professionals for the job.
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You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc.
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Entrance Hall Living/Dining Room 2.46m x 4.42m Kitchen 1.93m x 2.84m Bedroom 1 2.46m x 4.42m
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
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 advisers 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 Trafalgar Way, Billericay
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