3-bedroom terraced house · CO15 2AD
No longer listedListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Sheens Lettings & Management are pleased to offer for let this three bedroom mid-terrace house. The property benefits from Gas Central heating, Fitted Kitchen and Bathroom.
Call now for further details and to arrange a viewing.
Accomandation Comprises The accommodation comprises with approximate room sizes: Hallway (3.3m x 1.88m) Radiator, Doors to; Lounge (6.55m x 3.58m) Raditor x2, Double Glazed Window to Front, Double Glazed French Doors to Rear Kitchen (2.84m x 2.84m) Fitted Kitchen comprising of; Cupboards at eye and floor level, integrated oven & Hob, Space and plumbing facilities for washing machine, space for Fridge Freezer, Part tiled Walls, Double Glazed Window and Door to Rear Landing Storage Cupboard, Doors to; Bathroom Panelled enclosed Bath, Shower attachment above, Hand wash basin pedestal, Low level W.C.
Radiator, part Tiled Walls, double glazed window to rear. Bedroom One (3.4m x 2.87m) Radiator x2, Double Glazed window to rear, Cupboard housing Combi Boiler.
Bedroom Two (3.23m x 2.9m) Radiator, Wardrobe Cupboards, Double Glazed Window to Front Views From Bedroom Two Bedroom Three (2.29m x 1.96m) Radiator, Double Glazed Window to Front.
Outside - Rear Panel enclosed Fencing, Rear gate access.
Holding Deposit Please note on application being approved Sheen's Letting's and management take a holding deposit before the application is sent off for referencing this is £300.00, this comes off the total deposit which is £1500.00.
The holding deposit is non refundable should the applicant fail referencing or withdraws there application.
Richt To Rent Checks As part of the government 'Right To Rent' regulations we will need to confirm your UK Resident Status.
If you are not a UK Resident you will need to provide a Right to Rent' document. Please contact our offices to discuss further if you have any questions or need guidance.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 23, Lake Avenue, Essex
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