2-bedroom flat · SS11 7AD
No longer listedReduced £50 (−3.8%) on 13 OctListed 39 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A well-presented two bedroom first floor apartment situated in the heart of Wickford town centre.
The apartment offers an open plan living room and kitchen, fitted with integrated appliances and providing a bright, sociable space for everyday living.
There are two double bedrooms, along with a bathroom fitted with a shower.
The property benefits from communal outside space and an allocated parking space to the rear, and is well presented throughout.
Lema Court sits right on The Broadway, Wickford's main town centre street, putting shops, cafes, banks and everyday amenities within easy walking distance.
Wickford railway station is close by, with direct Greater Anglia services running up to three times an hour and a typical journey to London Liverpool Street of around 40 minutes.
The wider town also offers supermarkets, schools and recreational green spaces, making it a well-connected and convenient base.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Flat 6, Lema Court, 23, The Broadway, Essex
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