2-bedroom flat · EX5 7JP
Listing removedListed 376 days
Opportunity summary
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About
Upon arrival, you're welcomed by a spacious entrance hallway, thoughtfully designed with ample room for coats and shoes.
Inside, it is warm and inviting, thanks to efficient district heating and double glazing throughout Beyond the hallway lies a spacious, open-plan living area.
The kitchen is thoughtfully arranged, offering a generous selection of cupboards and worktops, an electric oven with ceramic hob, and designated space for a fridge/freezer and washing machine.
The sitting room is bright and airy, enjoying tranquil views over green space and a pond. A large built-in cupboard adds valuable storage.
There are two well-proportioned double bedrooms, both carpeted for comfort, with one enjoying the added benefit of a double fitted wardrobe.
Nearby, a contemporary bathroom offers convenience and style, featuring floor-to-ceiling tiling, WC, wash basin, bath with shower over, and a heated towel rail.
Outside, the property offers the convenience of an allocated off-road parking space to the rear of the building.
Tenure - Leasehold Leasehold Start Date - 30th June 2023 Lease Term - 999 years Ground Rent - The leasehold states 'A rent of one peppercorn per annum (if demanded)' Service Charge - The vendor has stated 'The estimated service charge for 2025 is approximately £1,477.50.
Remus offers the option to spread this cost over 12 monthly installments via direct debit.
Please note that this arrangement needs to be set up annually, once the service charge accounts and statement are issued.' Council Tax Band B
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.
Area
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FAQ
About Barling Walk, Cranbrook, EX5 7JP
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