2-bedroom flat · CM7 5NQ
For saleReduced £20k (−8.3%) on 12 SepListed 188 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the Hamlet of High Garrett in this high specification, modern conversion stunning duplex two-bedroom apartment.
Accommodation offers communal entrance into welcoming entrance hall, with stairs to the first floor.
Entrance into apartment with large utility cupboard, stairs leading to next floor with large landing, bathroom, two bedrooms, dining room / office and dual aspect living / dining / kitchen with integrated appliances.
Externally the property offers secure allocated parking and communal landscaped gardens.
Offering convenient access to Braintree Town Centre and Train Station (4.2 miles), Halstead and easy access to Stansted Airport via the nearby A120.
Entrance Hall Utility Cupboard Landing Bathroom Bedroom 1 (12' 0" x 11' 2") Bedroom 2 (10' 5" x 10' 3") Study / Reception Room (10' 3" x 10' 5") Kitchen / Dining / Living Room (12' 0" x 20' 7")
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 12, Parmenter Grange, 115, High Garrett, Essex
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