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See how verdicts work2-bedroom flat · SS12 9SF
For saleReduced £10k (−4.2%) on 12 SepListed 77 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Two bedroom coachouse - two allocated parking spaces - very well maintained - open plan living - gas central heating - double glazed An opportunity has arisen to acquire this coachouse/apartment which is unusual in the way that there are no communal areas and this property is not attached to any other living accommodation!
Boasting two bedrooms and two parking spaces as well as open plan living we would urge interested applicants to view internally as to avoid disappointment.
Located on ever popular wick meadows development.
Private Street Door To Part Double glazed street door to Private Entrance Hall Landing Private, doors to accommodation and storage cupboard, radiator, double glazed Velux style skylight Bedroom One (3.20m x 2.62m plus robe (10'6 x 8'7 plus robe)) Double glazed window to front, built in wardrobe to one wall, radiator Bedroom Two (3.23m x 2.13m (10'7 x 7)) Double glazed window to front, radiator, built in cupboard, access to loft Family Bathroom (2.06m x 1.65m (6'9 x 5'5)) Double glazed window to flank, radiator, three piece suite in white comprising low flush wc, wash hand basin inset to vanity unit, pannelled bath with shower and screen, tiled floor part tiled walls Open Plan Kitchen Living Room (5.36m x 3.63m (17'7 x 11'11)) Double glazed window to front, wood effect laminate floor covering radiator x 2, double glazed Velux style skylight, kitchen units to both ground and eye level with complimentary roll edged working surfaces, fitted oven and hob with hood over, tiled splash backs, sink unit with drainer and mixer taps, recess and plumbing for washing machine Two Allocated Parking Spaces Located to flank of property are two allocated parking spaces Lease Information Lease start date - 1st July 2004 Lease term - 125 years Review period - annually Ground rent - £0 Service charge Disclaimer Please note - any appliances, fixtures, fittings or heating systems have not been tested by the agent as we are not qualified to do so.
We have relied on information supplied by the seller to prepare these details. Interested applicants are advised to make their own enquiries about the functionality.
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
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FAQ
About 38, Barbour Green, Wickford
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