2-bedroom property · SS11 8BD
For saleListed 281 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A TWO BEDROOM RETIREMENT FLAT located in the ever popular SYCAMORE COURT in WICKFORD.
The development is located right on top of the HIGH STREET and it's multiple facilities including SUPERMARKET and MAINLINE RAILWAY STATION.
The building has a LIVE IN WARDEN and a communal lounge as well as a CAR PARK SPACE.
The building is serviced by a lift and is offered for sale with NO ONWARD CHAIN and keys are held by the agent for an immediate viewing which we would recommend Communal Entrance - Security controlled door to entrance where you will find the wardens office and communal lounge for residents and guests, stairs and lift to second floor.
Communal Hallway On Floor Two - Hallway offering access to property then further street door to the apartment Entrance Hall - Doors to accommodation and storage cupboard, electric wall mounted heater Lounge - 5.00m x 3.40m (16'5 x 11'2) - Double glazed window, feature fireplace with inset fire, electric heater, archway to kitchen Kitchen - 2.74m x 2.24m (9 x 7'4) - Fitted extensively to ground and eye level with complimentary roll edged work surfaces with inset sink with mixer tap and drainer, tiled splash backs, recess for fridge/freezer, new cooker and new integrated washing machine to remain Bedroom One - 4.85m x 2.77m (15'11 x 9'1 ) - Double glazed window, extensive range of fitted furniture including wardrobes, overbed unit and drawers Bedroom Two - 2.95m x 2.46m (9'8 x 8'1) - Double glazed window.
Showeroom - Tiled, extractor fan, corner shower cubicle, low flush wc, wash hand basin inset to vanity unit, chrome effect heated towel rail Car Park - Car park outside with numbered spaces Communal Garden - To the rear of the block are some attractive gardens to enjoy, lawn area area as well as flowers and shrub and garden bench Lease Information - Years to run - 62 Ground Rent - £280 per annum Service Charge - 2461.80 Review Period - Annually Disclaimer - PLEASE NOTE - any appliances, fixtures, fittings or heating systems have not been tested by the agent as we are not qualified to do so.
We have relied on information supplied by the seller to prepare these details. Interested applicants are advised to make their own enquiries about the functionality.
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
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FAQ
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