2-bedroom flat · EN9 1XB
Sold STCListed 114 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Howard Close is a modern development ideally located walking distance of our historic town centre and adjacent to the Tesco superstore development with GP surgeries and local shopping facilities.
More comprehensive facilities are available in the charming 14th century town centre with its bi-weekly market and historic protected Abbey Church and gardens.
For the commuter there are local bus stops outside the development which offer a regular service into neighbouring towns for train services into London.
Additionally junction 26 of the M25 with connections to the A10 and M11 is within a few minutes drive.
This particular property is situated on the ground floor of a small block of only six flats and benefits from full double glazing and electric storage heating.
Additionally this property will benefit from an extended lease and would make an excellent first time buyer or investment purchase The accommodation comprises an entrance hall with hand held entryphone handset and provides access to both bedrooms, bathroom and door leading to the spacious lounge with dining area with an arch providing access to the kitchen which is light and airy with a range of fitted white high gloss wall and base units and contrasting work surfaces, built in oven and hob, and laminated flooring to the lounge area.
The master bedroom has a dressing area with space for wardrobes leading through to the main bedroom area. Bedroom two is generous size and benefits from a walk in cupboard.
A part tiled bathroom with a modern three piece suite complete this property. Externally there are well maintained communal gardens and FREE RESIDENT PARKING on a first come first serve basis.
FREE RESIDENT PARKING TENURE AND CHARGES Council Tax Epping Forest District Council Band C Tenure Leasehold - Extended lease will be granted on completion with approximately 152 Years unexpired Service Charge £1740 Per Annum Ground Rent £ 180 Per Annum UTILITIES AND SUPPLIERS Electricity - Mains - OVO Energy Water - Mains - Thames Water Sewage - Mains - Thames Water Heating - Electric Storage Heating Broadband - Various providers available Mobile Signal - Vodafone Three EE O2
Value & comps
No previous sales on record.
Returns
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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.
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About Howard Close, Waltham Abbey
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