We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CM21 9RF
For saleListed 19 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Folio: 15972 A beautifully presented one bedroom fourth floor apartment, in the popular converted Grade II listed Maltings building of Waterside Place.
The property benefits from an extended lease with approximately 191 years remaining, a high quality kitchen and bathroom plus views over the communal grounds.
Waterside Place is ideally located being just a two minute walk to Sawbridgeworth’s train station which serves London Liverpool Street and Cambridge.
The property is an ideal first time purchase or investment opportunity with a potential rental income of approximately £1,000 to £1,100 pcm.
The property is also within walking distance of Sawbridgeworth’s village centre which offers shops for your day-to-day needs, restaurants, cafes and public houses.
More comprehensive facilities can be found at the nearby towns of Bishop’s Stortford and Harlow, each enjoying multiple shopping centres, recreational facilities, mainline train stations and M11 leading to M25 access points.
As previously mentioned, 77 Waterside Place is a beautifully presented one bedroom apartment with an extended lease, high quality kitchen, newly fitted shower room and views onto the communal grounds.
The property benefits from a living/dining room, modern kitchen and shower room, double bedroom with built-in wardrobes and internal viewing is highly recommended.
Carpeted 'l' Shaped Entrance Hall With spotlighting to ceiling, wall mounted electric heater, leading through into: Living/Dining Room 15' 2" x 9' 8" (4.62m x 2.95m) with a secondary double glazed window to rear overlooking the communal grounds, t.v.
Aerial point, feature wall with wall lights, recently replaced electric heater, dimmer switch to wall, large airing cupboard with recently replaced immersion cylinder.
High Quality Kitchen 9' 6" x 6' 4" (2.90m x 1.93m) comprising matching base and eye level high gloss units with a rolled edge wooden worktop over, contemporary wash hand basin and drainer with modern monobloc tap, integrated Zanussi oven and grill, Zanussi four-ring electric hob with extractor and light above, integrated AEG washing machine, integrated fridge, porcelain tiled flooring.
High Quality Newly Fitted Shower Room Comprising a walk-in shower cubicle with a glazed screen and wall mounted shower, button flush WC, wash hand basin set into vanity unit, tiled walls and flooring.
Bedroom 11' 8" x 9' 8" (3.56m x 2.95m) with built-in wardrobes with sliding doors, secondary double glazed window to rear overlooking communal grounds, feature wall with wall lights, fitted carpet.
Lease In excess of 185 years remaining. Maintenance Approximately £1,600 per annum. Building Insurance Approximately £700 per annum. Ground Rent Approximately £150 per annum.
Local Authority Epping Forest District Council Band ‘B’
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png)
FAQ
About Waterside Place, Flat 77, Sheering Lower Road, Sawbridgeworth
Explore nearby