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See how verdicts work1-bedroom flat · CM5 0AZ
Sold STCListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Next Home Ltd are pleased to offer this well-presented ground floor apartment offers comfort, convenience and independence within a peaceful, purpose-built development for residents aged 55 and over.
Accommodation Comprises: Entrance Hall Spacious entrance with two built-in storage cupboards, one housing the hot-water cylinder - ideal for additional household storage.
Sitting Room - 5.56m x 2.97m (18'3" x 9'9") Bright, welcoming living area with double-glazed patio doors leading directly onto a private patio area and beautifully maintained communal gardens.
Newly Fitted Kitchen - 2.49m x 1.68m (8'2" x 5'6") Modern refitted kitchen featuring integrated appliances including induction hob, under-counter oven, extractor hood, dishwasher, fridge and freezer - complemented by ample worktop space and eye-level storage units.
Bedroom - 4.14m x 2.67m (13'7" x 8'9") A comfortable double bedroom with built-in wardrobes and over-bed storage, overlooking the front aspect. Bathroom / W.C.
Contemporary white suite comprising low-level W.C., pedestal basin, and an easy-access bath with electric shower and glass screen. Tiled walls, shaver point, and grab-rail for convenience.
Exterior & Communal Features Well-maintained communal gardens with seating areas. Private residents' parking. Easy access to Ongar High Street amenities, shops and bus routes.
Key Features Ground floor access - ideal for those seeking step-free living. Peaceful over-55s development. Long lease (approx. 156 years remaining). EPC: Available on request.
Value & comps
No previous sales on record.
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 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
Agent & docs
FAQ
About Abigail Court, Ongar, Essex, CM5
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