3-bedroom flat · IG7 4FB
For saleListed 13 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £900,000 - £925,000 Offered for sale with no onward chain is this incredible penthouse apartment occupying the entirety of the top floor of the building providing over 2000 sq ft, the accommodation includes an amazing open plan living/kitchen/dining area measuring 32'10 x 30'7, a seperate utility room, three double bedrooms the master with ensuite, additional four piece bathroom, and four private balcony's.
Further benefits include two allocated parking spaces, loft space, Alexa enabled lighting through the entire apartment, Alexa enabled Sonos speaker system in master bedroom, lounge, kitchen & diner and luxury fittings throughout.
Entrance Hall - Entrance door, full height window. radiator, LVT flooring, stairs to apartment.
Landing - Glazed doors to stairwell, double glazed patio doors to balcony, cupboard, intercom system, LVT flooring with underfloor heating.
Kitchen Area - 4.98m x 3.71m (16'4 x 12'2 ) - Two double glazed sky lights, LVT flooring with underfloor heating.
Kitchen includes wall and base units, granite work tops with inset sink, island with breakfast bar, induction hob with extractor, integrated fridge freezer, dishwasher, oven, microwave.
Open Plan Lounge/Diner - 9.78m x 4.95m (32'1 x 16'3) - Double glazed French doors to balcony, double glazed French doors to Juliette balcony, five double glazed sky lights, LVT flooring with underfloor heating.
Bedroom One - 6.07m x 5.92m (19'11 x 19'5) - Double glazed French doors to balcony, double glazed sky light, fitted wardrobes with smoked glass doors, carpet flooring with underfloor heating.
Ensuite - 2.29m x 1.93m (7'6 x 6'4) - Double glazed sky light, low level WC, wash hand basin, walk in shower enclosure, heated towel rail, marble walls, marble flooring with underfloor heating.
Bedroom Two - 4.85m x 3.84m (15'11 x 12'7) - Double glazed French doors to balcony, double glazed sky light, fitted wardrobes, loft access with ladder, carpet flooring with underfloor heating.
Bedroom Three - 4.67m x 3.07m (15'4 x 10'1) - Two double glazed sky lights, fitted wardrobe, radiator, carpet.
Bathroom - 3.40m x 2.31m (11'2 x 7'7) - Double glazed sky light, low level WC, wash hand basin, walk in shower enclosure, corner whirpool bath, heated towel rail, marble walls, marble flooring with underfloor heating.
Utility Room - Cupboard, boiler, integrated washer/dryer, LVT flooring.
Material Information - We have been advised by the sellers the following information: Lease Remaining: 113 years Annual Ground Rent: £150.00 Ground Rent Review Period: Every 25 years Review increase: Doubling Annual Service Charge: £4,796.00
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 Manor Road, Chigwell
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