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See how verdicts work1-bedroom flat · EN9 1HR
For saleListed 94 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
For the over 55's an opportunity to purchase this well presented one bedroom first floor retirement flat situated in the heart of the town centre.
Extended lease - Modern kitchen - Free residents parking - Internal viewing recommended.
Hanover Court is an established retirement block located in the heart of the town centre, being within a short flat walk of the historic Market Square and Sun Street with its array of shops and eateries and bi-weekly market.
The picturesque Abbey Gardens and church are adjacent to the town centre and offer acres of protected parkland.
The property benefits from an extended lease giving the incoming purchaser peace of mind.
Since being in the sellers ownership the property has been greatly improved with improvements to the kitchen, bathroom and heating, as well as decorating and the addition of a cupboard in the hallway.
Accommodation in general comprises and an entrance hall with built in storage cupboard, entry phone and providing access to all rooms.
The lounge is light and airy and is supported by a modern fitted kitchen with fitted wall and base units with display cabinets, contrasting work surfaces and Butler style sink unit .
This is complimented by a built in oven and hob. A mainly tiled bathroom with a modern three piece including a panel enclosed bath, pedestal wash hand basin and close coupled WC.
A generous size light and airy bedroom complete this property. Externally there is free residents parking with communal garden.
Tenure and charges Council Tax Epping Forest District Council Band B Tenure - Leasehold approximately 148 years unexpired Service Charge - £228 includes Ground Rent utilities and suppliers Electricity - Mains - British Gas Water - Mains - Thames Water Sewage - Mains - Thames Water Heating - Electric Broadband - Vodafone Mobile signal and coverage - Vodafone Three EE O2
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 24 Hanover Court, Quaker Lane, Waltham Abbey
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