2-bedroom flat · RM13 9AG
For saleListed 6 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom retirement apartement located on the ground floor Chapel Lodge was constructed by Citation Homes and comprises 21 properties arranged over 2 floors served by stair lift.
Conveniently situated to the Town centre with all its amenities. The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour Appello emergency call system. Each property comprises Lounge, central hallway, kitchen, one or two bedrooms and bathroom.
It is a condition of purchase that residents be over the age of 60 years. Please speak to our Property Consultant if you require information regarding 'Event Fees' that may apply to this property.
Accommodation Front door leads to: Inner Hallway Door entry system and security control module. Power point. Ceiling light point. Textured ceiling. Electric heater.
Living Room Second door giving access to communal gardens. Ceiling light point. Power points. Telephone point. TV aerial point. Emergency pull cord. Electric heater.
Airing cupboard housing insulated electric point of use hot water system. Textured ceiling.
Kitchen With Window Tiled and fitted with a range of wall and floor units with cupboards, drawers, work tops and sink unit with single drainer. Built in electric cooker with four ring hob.
Spaces for fridge. Washing machine, plumbed in and staying. Power points. Ceiling light. Emergency pull cord. Bedroom One Fitted wardrobes. Ceiling light point and Ceiling fan. Emergency pull cord.
Power points. Electric heater. Bedroom Two Ceiling light point. Emergency pull cord. Power points. Telephone point. Electric heater. Emergency pull cord.
Shower Room Tiled and fitted with suite comprising shower unit with grab rails; pedestal wash hand basin, with light above. WC with low level flush. Grab rails throughout. Ceiling light point.
Emergency pull cord. Wall mounted heater.
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 10, Chapel Lodge, Rainham
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