1-bedroom house · CM8 2TQ
Sold STCListed 181 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £70,000 - £80,000 Retirement Living Made Easy Are you seeking a well located apartment in a welcoming over 60s community?
This one bedroom second floor apartment in Foster Court offers a low maintenance lifestyle ideal for retirement living.
The apartment is well proportioned and thoughtfully arranged, featuring a light filled lounge/diner that provides an inviting space to relax or entertain, alongside a practical kitchen designed for everyday convenience.
The spacious bedroom offers a peaceful and restful setting, complemented by a bathroom that completes this comfortable home.
Residents of Foster Court enjoy access to a friendly communal lounge, where you can connect with neighbours and take part in regular social activities.
But when you're ready for some quiet time, your apartment offers a private environment to unwind. There’s also a communal garden, offering a tranquil space to enjoy the outdoors at your leisure.
Located just a short walk from Witham Town Centre, essential amenities, and Witham Mainline Station, this apartment is ideally placed for enjoying your retirement with ease and independence.
Don't miss out - contact us today to arrange your viewing and discover all that this property has to offer.
Entrance Hall Lounge / Diner 19'5" x 10'6" (5.94m x 3.22m) Kitchen 7'3" x 5'5" (2.22m x 1.66m) Bedroom 13'10" x 8'8" (4.24m x 2.65m) Bathroom 6'9" x 5'4" (2.07m x 1.65m) Agents Note Council Tax Band: B Lease Length: 87 years approx.
The seller has advised the following information regarding the property – Service Charge: £3,134.48 PA approx. Ground Rent: £271.02 PA approx.
Ground Rent Review Period: TBC Utilities connected to the property: Mains electric, Mains drainage, Mains water Heating system & fuel: Electric Broadband: Yes Consistent mobile signal: Yes - 4G/5G Property accessibility & adaptions: Lifts Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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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