2-bedroom flat · SS12 0PS
Listing removedReduced £5k (−2.1%) on 11 JulListed 180 days
Opportunity summary
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About
2 bedroom ground floor apartment. 1 allocated parking space & visitors parking. 16'2 living room. 11'8 kitchen.
Situated on the Nevendon Road side of Wickford set within easy access of A127 is this spacious 2 bedroom ground floor apartment benefitting from accommodation including living room 16'2 x 11'2, kitchen 11'8 x 6'4,2 bedrooms and bathroom.
The property's specification includes double glazed windows and gas fired radiator heating, 1 allocated parking space and numerous visitors parking.
Security door leading to: Communal Hall Personal door to: Spacious Entrance Hall Radiator. Laminate finish to floor. 2 built in storage cupboards.
Bedroom (3.56m x 3.43m (11'8 x 11'3)) Two double glazed windows to front. Radiator. Bedroom (3.96m x 1.98m (13' x 6'6)) Double glazed window to rear. Radiator.
Bathroom Three piece suite comprising of low level WC, pedestal wash hand basin and panel enclosed bath unit with shower and screen. Tiled surround. Shaver point. Extractor fan. Radiator.
Kitchen (3.56m x 1.93m (11'8 x 6'4)) Double glazed windows to front and side.
Range of base and wall mounted units providing drawer and cupboard space with work top surface extending to incorporate inset sink unit with cupboard beneath.
Built in oven, hob and extractor fan above. Recess for washing machine and fridge freezer. Tiling to floor and surround. Cupboard housing boiler. Radiator.
Living Room (4.93m x 3.40m (16'2 x 11'2)) Double glazed window and double gazed French doors to communal garden. Two radiators. Laminate finish to floor.
Allocated Parking The property benefits from 1 allocated parking space with visitors parking.
Leasehold 120 year lease remaining £156 pa ground rent £1931.39 pa maintenance 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
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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 49, Browning Drive, Wickford
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