1-bedroom flat · CM12 9FU
For saleReduced £25k (−7.1%) on 18 JulListed 324 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary **no onward chain**A beautifully presented ground-floor one-bedroom retirement apartment in the popular Meadows Lodge.
Offering a spacious lounge with private patio, modern fitted kitchen and bathroom - Residents enjoy stunning communal gardens, an onsite Lodge Manager description Located within the highly sought-after Meadows Lodge, this beautifully presented one-bed ground-floor retirement apartment offers comfort, security, and a wonderful sense of community.
The property welcomes you with a spacious entrance hall, leading through to an impressively sized dual-aspect lounge, providing ample living and dining space.
From here, doors open directly onto a private patio, perfectly positioned to enjoy the stunning, well-maintained communal gardens.
The modern integrated kitchen is modernly designed for practicality and ease of use, while the generous double bedroom benefits from its own dressing room, offering excellent storage while down the hallway you will find a modern fitted shower room.
Meadows Lodge is a purpose-built retirement development consisting of 32 apartments, professionally managed by the award-winning Churchill Estates Management team - For added peace of mind, the development features a comprehensive emergency Careline system, monitored by the Lodge Manager during the day and a 24-hour Careline team overnight.
This includes an integrated intruder alarm, secure video entry system, and fire and smoke detection throughout the building-providing an unrivalled level of security.
Ideally located, the property is just 0.6 miles from Billericay High Street, offering a wide range of local amenities, shops, cafés, and eateries, all within comfortable walking distance.
994-year lease | viewing highly recommended | no onward chain Lounge 19' 3" x 10' 4" ( 5.87m x 3.15m ) Kitchen 8' 3" x 7' 10" ( 2.51m x 2.39m ) Bedroom 13' 10" x 13' 4" ( 4.22m x 4.06m ) Shower Room 7' 8" x 6' 2" ( 2.34m x 1.88m ) We currently hold lease details as displayed above, should you require further information please contact the branch.
Please note additional fees could be incurred for items such as leasehold packs. 1.
Money laundering regulations - Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2: These particulars do not constitute part or all of an offer or contract. 3: The measurements indicated are supplied for guidance only and as such must be considered incorrect.
4: Potential buyers are advised to recheck the measurements before committing to any expense.
5: Connells has not tested any apparatus, equipment, fixtures, fittings or services and it is the buyers interests to check the working condition of any appliances.
6: Connells has not sought to verify the legal title of the property and the buyers must obtain verification from their solicitor.
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
Agent & docs
FAQ
About 3, Meadow Lodge, Laindon Road, Billericay
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