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See how verdicts work1-bedroom flat · CM9 5AG
Sold STCListed 329 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
FANTASTIC LEASE & PEPPERCORN GROUND RENT This stunning 1-bedroom apartment in the highly sought-after Quest Place development offers a modern and stylish living space that is ideal for first-time buyers or those looking to downsize.
As you step inside, you are greeted by a spacious open-plan living, dining, and kitchen area, creating a seamless flow that is perfect for entertaining or simply unwinding after a busy day.
With large windows allowing natural light to flood the room, the space feels bright and welcoming.
The kitchen, fitted with sleek cabinetry, and ample countertop space is ideal for preparing meals and entertaining your guests, this open concept design ensures you are always a part of the action.
As you move through the apartment, you'll find a generously-sized bedroom with built-in wardrobes, providing ample storage for your belongings.
The bedroom also boasts a Juliet balcony, adding a touch of elegance and allowing you to enjoy fresh air.
The modern bathroom is tastefully designed, featuring a pristine suite comprising a bathtub with shower, a stylish wall hung sink unit, and contemporary fixtures.
One of the standout features of this property is the underfloor heating, providing a cosy and comfortable environment throughout the year.
Additionally, the apartment offers an allocated parking space, ensuring convenience and peace of mind.
A security entry phone system ensures your safety and privacy, allowing you to control access to the building.
The fantastic extended lease with peppercorn ground rent is a great advantage, offering peace of mind for years to come. Location is paramount, and this apartment certainly ticks that box.
Situated right in the heart of Maldon's vibrant town centre, you are just a stone's throw away from an array of shops, restaurants, and local amenities.
Take a leisurely stroll along the nearby Quayside or explore the picturesque Promenade Park, making the most of the great outdoors and stunning river views.
Ideal for first-time buyers, downsizers, or as a prime investment opportunity, this beautiful 1-bedroom apartment offers contemporary living in an unbeatable location.
Book your viewing today and be prepared to fall in love with Quest Place, Maldon's best-kept secret.
Ground Floor Communal Entrance Hall Entry phone system, stairs rising to the first floor and the apartment front door.
First Floor Entrance Hall Door to communal hallway, entry phone system, airing cupboard with hot water cylinder and plumbing for washing machine, wood effect flooring and under floor heating.
Doors leading to: Living/Dining/Kitchen 18' 4" x 13' 11" (5.59m x 4.24m) Double glazed windows to side and rear and Juliet balcony, wood effect flooring with under floor heating, fitted kitchen comprising a range of wall and base units, integrated fridge/freezer, fitted oven with hob above and extractor hood over, inset sink with mixer tap, under unit lighting.
Bedroom 13' 6" x 10' 3" (4.12m x 3.12m) Double glazed doors with Juliet balcony, fitted wardrobes with sliding mirrored doors.
Bathroom Opaque double glazed window to front, white suite comprising low level WC with concealed cistern, wall hung wash hand basin with mixer tap, panelled bath with mixer tap and shower over, folding glass screen, inset spot lighting to ceiling, extractor fan, shaver point, tiled floor and part tiled walls.
Parking The property has an allocated parking space situated opposite the building entrance. Lease Information The following information has been provided to us by the current owner.
Any interested party should seek clarification via their legal representative.
The current owner has instigated a deed of variation resulting in changes to the ground rent and also an extension to the lease.
The changes are currently being registered and will take effect before a new owner takes possession. The figures below are based on the new changes.
Tenure: Leasehold Length of lease: 223 years from 2025 Management Co. Remus Service charge: Approx.
£1,572.00 per annum Ground Rent: £0 per annum (peppercorn ground rent) Property Information Council Tax Band: B EPC Rating: To be confirmed Services: We understand that mains water, mains drainage and electricity are connected to the property.
Agents Disclaimer We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact.
Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given.
All measurements have been taken as a guide to prospective buyers only and are not precise. Please be advised that some of the particulars may be awaiting vendor approval.
If you require clarification or further information on any points, please contact us, especially if you are traveling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller.
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
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FAQ
About Quest Place, Maldon, Essex, CM9
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