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See how verdicts work2-bedroom flat · CM13 1YY
For saleReduced £25k (−4.8%) on 8 OctListed 33 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
As featured in the Grand Designs Magazine, a highly unique and very newly refurbished penthouse apartment arranged over two floors and with the benefit of a vaulted ceiling over the open plan kitchen/dining/living area.
The property has the benefit of a 998 year lease, garage with electronically operated door and a large southerly balcony directly overlooking the well tended gardens of the Booths Court development.
The property has been interior designed and finished to an exacting standard, with the benefit of newly fitted windows and balcony doors installed by Trustwood Joinery, underfloor heating and a luxuriously appointed en-suite shower room designed by WestOne bathrooms in Surrey.
Offered to the market with no onward chain, this property comes with a share of the freehold to the building and has the unusual feature of a large storage room on the top floor level, accessed through the mezzanine.
Open Plan Kitchen/Living/Dining Area Southerly Balcony Mezzanine Storage Room Inner Hall Bedroom One En-Suite Shower Room Bedroom Two Bathroom Communal Gardens The apartments are surrounded by beautifully tended gardens mostly to the front of the property.
These consist of a large lawned area with brick pathways and a number of clipped colourful shrubs and various ornamental trees.
The gardens are very private and a focal point of the gardens to the front is a pretty pergola style summerhouse. Additional lawned area to the rear of the building.
Garage Agent's Note 998 Year Lease Share Of Freehold In accordance to Section 21 of the Estate Agents Act 1979 we are required to disclose to respective purchasers that a connected person has a personal interest in the sale of this property.
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
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FAQ
About 27, Booths Court, Brentwood
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