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See how verdicts work2-bedroom flat · IG10 4QU
For saleReduced £15k (−6.7%) on 25 OctListed 371 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £225,000 - £250,000 Situated within a popular development known as Homecherry, is this ground floor retirement apartment being situated to the south side of Loughton.
The property is offered as a chain free sale, and the accommodation provides a sitting/dining area, with archway to the kitchen, two bedrooms and a shower room.
The property also benefits from its own balcony, and there is residential parking and communal gardens.
Designed specifically for independent retirement living for the over 55's, the development has a day room, ideal for socialising with other residents of Homecherry, and for when family and friends visit.
Other benefits include an on-site manager (week days), security entry phone system, lifts to all floors and shared laundry facilities.
There is also a guest room on the premises that residents can book for relatives/visitors at a small fee.
The development is conveniently located being within 110 yards of the High Road with its shops, cafes, and restaurants together with a M&S food hall, and a Morrisons.
Plus, there is Sainsbury’s supermarket within 0.2 miles of the property. For getting into London Loughton central line station is only 0.3 miles away.
IMPORTANT NOTE TO PURCHASERS: We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only, and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. LLO250060/1
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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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 advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 High Road, Loughton, Essex, IG10
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