3-bedroom flat · CO12 3PA
Listing removedListed 465 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Freehold 3 bedroom Maisonette with garage and retail unit below. The shop currently achieves a rental income of £5000 per annum.
The maisonette itself does require refurbishment but has the added bonus of a sun deck to the rear and solar panels. Available with no onward chain.
ENTRANCE Metal stairwell to flat, part obscure double glazed door, textured ceiling, stairs to first floor WC Obscure double glazed window to front, textured ceiling, sink with splash tiling, mid level wc SHOWER ROOM Textured ceiling, shower cubicle, storage cupboard KITCHEN DINER 131 X 8`8`` max plus 11`9`` x 10`9`` Double glazed window to rear, textured ceiling, wall and base units with roll top worksurfaces, one and a half drainer sink unit with mixer taps, space for appliances, electric heater, storage cupboard LOUNGE - 14'4" (4.37m) x 12'4" (3.76m) Triple glazed windows to front, electric heater, wall light points LANDING Textured ceiling, loft access BEDROOM - 11'0" (3.35m) x 8'6" (2.59m) Triple glazed windows to rear, built in wardrobe and cupboard BEDROOM - 11'7" (3.53m) x 8'0" (2.44m) Triple glazed window to front, textured ceiling, built in wardrobe BEDROOM - 11'7" (3.53m) x 5'8" (1.73m) Triple glazed window to front, textured ceiling, built in wardrobe SUN DECK To rear above garage GARAGE Approached via access road, up and over door RETAIL UNIT Currently tenanted and achieving £5000 per annum AGENTS NOTE The shop has an EPC rating of B Notice Please note we have not tested any apparatus, fixtures, fittings, or services.
Interested parties must undertake their own investigation into the working order of these items. All measurements are approximate and photographs provided for guidance only.
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About High Street, Harwich
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