2-bedroom flat · RM16 6QB
For saleListed 288 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Griffin are pleased to offer this well-presented first-floor two-bedroom apartment, situated in a pleasant cul-de-sac in the popular Chafford Hundred area.
The property benefits from a secure entry system, its own internal entrance hall and double glazing throughout.
Accommodation includes a spacious lounge/dining room with feature electric fireplace overlooking the rear gardens, a fitted kitchen with a good range of units, two well-proportioned bedrooms (the main with dual-aspect windows), and a family bathroom with airing cupboard.
Additional storage is provided via a hallway cloak cupboard and a large internally accessed loft. Externally, the apartment offers an allocated carport and access to a shared garden.
Ideally located close to Grays and Chafford Hundred stations, Lakeside Shopping Centre, and excellent road links via the A13 and M25.
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 Caravel Close, Chafford Hundred, RM16
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