2-bedroom terraced house · CM5 9BY
Listing removedListed 454 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A most charming Edwardian cottage situated in this pleasant residential turning to the south of Ongar's town centre where you will find all local amenities including restaurants and coffee shops.
There is a selection of schools including the highly regarded Ongar Academy along with the local sports centre and swimming pool.
The property has been refurbished by the present owners to include new kitchen wet room and recently installed windows and door.
On the ground floor there is a shower/wet room and a spacious sitting room/dining room with wood burning stove which leads to the kitchen which has an excellent range of units and a central island unit.
On the first floor there are two good size bedrooms. The garden benefits from a paved patio and lawn area.
SPACIOUS SITTING/DINING ROOM: 7.75m x 3.05m (25'5" x 10') OUTSTANDING KITCHEN: 3.05m x 3.00m (10' x 9'10") SHOWER/WET ROOM: BEDROOM ONE: 3.51m x 3.05m (11'6" x 10') BEDROOM TWO: 3.51m x 3.05m (11'6" x 10') REAR GARDENS WITH PATIO AND LAWN AREA:
Value & comps
No previous sales on record.
Returns
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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
FAQ
About Cloverly Road, Ongar, CM5
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