2-bedroom flat · CM7 3RH
Sold STCListed 87 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
GUIDE PRICE £150,000 - £170,000 A well-presented two-bedroom first floor apartment situated in a prime location.
This modern leasehold property offers a spacious reception room, a fitted kitchen, and bathroom, all finished to a good decorative order.
The accommodation is ideal for first-time buyers or investors seeking a convenient and comfortable home.
Additional benefits include allocated parking and the advantage of no onward chain, allowing for a smooth and timely transaction.
Perfectly positioned to provide easy access to town centre and Railway station with connections to London Liverpool Street.
Early viewing is highly recommended to fully appreciate the quality and location of this excellent property. EPC Rating D (63). Council Tax Band A. (Braintree District Council).
Accommodation Comprises:- Security intercom with door to communal hallway and stairwell to the first floor.
Doors to:- Hallway Doors to:- Living Room 6.17m x 2.97m Two windows to front, window to rear, Kitchen 2.18m x 1.9m Double glazed window to rear, wall and base units, work surfaces, inset sink unit, space for electric cooker and appliances.
Bedroom 1 3.28m x 2.46m Bedroom 2 2.82m x 1.83m Bathroom Window to rear, sink, , bath, tiled splash backs. Parking Allocated parking for one car.
Leasehold information 148 years Remaining on the lease. No Ground Rent Service Charge £1,407.37 (For the current accounting year)
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 Mill Court, Braintree, Essex, CM7
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