How much is Flat 1, Hazel Court, Chigwell?

Flat 1, Hazel Court, Chigwell

2-bedroom flat

1 bath

Asking

£250,000

For saleListed 3 days

Investor metrics

HMO Article 4 Direction AreaLondon Borough of Redbridge city-wide Article 4 (HMO), The London Borough of Redbridge Houses in Multiple Occupation Article 4 Direction 2018 · C3 → C4 HMO conversion requires planning permission here

Opportunity summary

See Archie’s verdict, returns by strategy and what to check before viewing.

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About

The property

Tenure: Leasehold Guide Price £250,000 - £280,000.

This well-presented two-bedroom ground floor flat offers an excellent opportunity for first-time buyers or those seeking a comfortable and secure home in a convenient location.

The property is in good condition throughout and features two generously sized bedrooms, providing ample space for relaxation or a home office.

The modern entry phone system, complete with a camera, ensures peace of mind and added security, complemented by CCTV coverage at both the front and rear of the property.

Residents benefit from gated parking and off-road parking, providing practical solutions for those with vehicles.

The flat’s layout has been thoughtfully designed to maximise space and comfort, making it ideal for a variety of lifestyles.

Situated within easy reach of a wide range of shops and local amenities, this property allows you to enjoy the convenience of having everything you need close by, whether it’s a quick trip for groceries or a leisurely browse at nearby stores.

The combination of security features, practical parking solutions, and a sought-after location makes this flat a standout choice for buyers looking to step onto the property ladder.

Arrange a viewing today to fully appreciate the comfort, convenience, and potential this inviting home has to offer. EPC Rating: D Lounge Dimensions: 3.38 x 4.98 (11'1" x 16'4").

Kitchen Dimensions: 2.21 x 3.44 (7'3" x 11'3"). Bathroom Dimensions: 2.18 x 1.98 (7'1" x 6'5"). Bedroom Dimensions: 3.30 x 3.43 (10'9" x 11'3"). Bedroom Dimensions: 2.29 x 3.43 (7'6" x 11'3").

Disclaimer Bowden Bradley Estate Agents are 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.

Key information

Reception Rooms

Tenure

Leasehold

Local Authority

Redbridge London Boro

London Borough

County

Greater London Authority

Value & comps

What is it worth?

No previous sales on record.

Comparable salesNo comps yet

No comparable sales matched this property yet.

Returns

What does it return?

Set an offer; the calculator follows it.

Rent evidence

Rental benchmark

Nearby rental comparables

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Local SA Market

We're still gathering serviced-accommodation data for this area.

Archie refurb estimate: a Pro feature

Model an offerFeeds your report · not a commitment

0.0% below asking

Model

Run the numbers.

BTL · HMO · BRRR · SA · Flip — editable, saved scenarios

Investment calculatorBTL · BRRR · HMO · Flip · SA · R2R — editable inputs, saved scenarios

Investment Disclaimer

This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.

All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.

Past performance does not guarantee future results. Tax implications vary by individual circumstances.

Mortgage

Deal

Is it a deal?

Archie’s verdict

Archie has scored this property.

Deal score · weighted

Weak signals — move on

Factor breakdown

BMV discountNot calculated, and not zero — there is no value estimate for this property to discount against.

0/25

Yield potential—

0/25

Motivation signalsNot enough data

0/25

Days on market3 days

4/25

—

Seller motivation

Not scored yet

Days on market3

Price reduction—

STC fall-through—

Back to market—

Agency change—

EPC rating—

Listing timeline

First listedListed at £250,00019-10-2026

Still activeDay 3 on marketToday

Strategy fit

No strategy scores available yet.

Article 4HMO Article 4 applies

HMO Conversion Potential

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.

Tier, yield projection, and cost stack — Pro tier only.

PD Conversion Potential

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.

Tier, route, yield projection, and cost stack - Pro tier only.

BRRR Candidate

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.

Tier, refurb cost, ARV, and refi maths - Pro tier only.

Plot subdivision potential

Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.

Lease extension arbitrage

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.