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See how verdicts work2-bedroom flat · CO3 4QJ
Sold STCListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide Price £190,000-£200,000 ** A beautifully presented two bedroom appointment situated in the heart of the popular residential location of Prettygate offering modern and spacious accommodation throughout.
The property is accessed via a secure communal entrance lobby, with stairs that lead up to the first floor.
Inside, the accommodation begins with a spacious hallway which gives way to both bedrooms, the bathroom, and spacious open plan living area.
This fantastic open-plan living space has a modern fitted gloss base and eye level kitchen units, worktops with an inset stainless steel sink and drainer, tiled splashbacks, undercounter space/plumbing for everyday appliances, and a convenient breakfast bar.
At the opposite end of the room there’s space for a dining table and large sofa, with French doors opening on to the private balcony.
Both bedrooms are of a generous size, with the master benefiting from a ensuite shower room comprising shower cubicle, low level w/c, hand wash basin, chrome heated towel rail, and an obscured double glazed window.
The bathroom has a modern white suite comprising a panelled bath with shower over, low level w/c, hand wash basin, partly tiled walls, chrome heated towel rail, and a double glazed obscured window.
Externally, the apartment has an allocated parking space which is accessed down the left hand side of the building.
Location The property is located in the popular area of Prettygate being walking distance of most of the facilities that Prettygate has to offer including a Coop Local, pharmacy, convenience store, takeaway and public house.
Philip Morant secondary school and Prettygate primary school are also very close by.
Directions Use SatNav postcode CO3 4QJ Important Information Council Tax Band - A Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold Lease - 88 years remaining Service charge - £1048pa approx. Per annum Ground rent - £240 per annum Lease details - These charges may be subject to change. EPC rating - C
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 4C,, Cotman Road, Essex
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