3-bedroom flat · RM16 6PP
Sold STCListed 152 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
--GUIDE PRICE--£280,000-£295,000--Internal viewings are recommended for this unique and extremely spacious 3 bedroom first floor maisonette.
Benefits include a lounge, fitted kitchen, separate dining room, shower room, allocated parking for 2 cars, gas central heating a private entrance door. No onward chain.
Entrance Hall ; Approached via door to the front. Radiator. Stairs leading to first floor landing. Landing ; Fitted airing cupboard. Fitted storage cupboard. Spot lights.
Lounge ; 14'1 x 12'2 Double glazed window to front. Karndean flooring. Spot lights. Radiator. Open plan to; Dining Room ; 10'10 x 8'2 Double glazed window to flank. Karndean flooring. Spot lights.
Radiator. Fitted Kitchen ; 9'10 x 6'2 Double glazed window to rear. Range of fitted units with sink unit and drainer. Oven hob and extractor fan. Wall mounted boiler. Spot lights. Karndean flooring.
Radiator. Bedroom 1 ; 10'10 x 9'10 Double glazed window to flank. Access to loft. Spot lights. Radiator. Bedroom 2 ; 11'2 x 7'3 Double glazed window to flank. Spot lights. Radiator.
Bedroom 3 ; 9'6 x 7'6 Double glazed window to rear. Range of fitted wardrobes. Radiator. Shower Room ; Opaque double glazed window to rear. Walk in shower cubicle. Vanity wash hand basin.
Low level w.c. Tiled floor. Tiled walls. Spot lights. Heated towel rail. Communal Gardens ; To front and rear. Allocated Parking ; To rear for 2 cars with further visitor parking bays.
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 DRAKE ROAD, Chafford Hundred, Grays
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