2-bedroom flat · CM7 3NA
For saleListed 153 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*A Rare And Interesting Investment Opportunity* An exciting opportunity to acquire a unique and versatile investment property, ideally situated on the popular Iron View development in Braintree, offering an impressive 8.88% gross yield alongside excellent flexibility for investors and owner occupiers alike.
Originally designed as a duplex apartment, the property has been thoughtfully reconfigured into two individual self-contained apartments, creating a distinctive arrangement with strong rental appeal.
The flexibility of the accommodation also offers the opportunity for the property to be converted back to its original duplex layout, should a purchaser wish to do so.
The ground floor apartment features a spacious open-plan living area, offering ample room for both lounge and dining furniture, alongside a generous double bedroom and a well-appointed bathroom.
Notably, the current bathroom occupies the space where the original staircase was originally positioned, meaning there is potential to reinstate internal access and restore the duplex configuration.
To the upper floor, the second apartment provides well-proportioned accommodation comprising a comfortable living room, separate kitchen, double bedroom, and bathroom, creating an entirely independent living space.
This unusual setup presents a range of opportunities, whether for investors seeking immediate rental income, buyers looking for a multi-generational living arrangement, or those interested in reconfiguring the property back into a substantial duplex apartment.
Ideally positioned within close proximity to Braintree town centre, the property benefits from easy access to a wide range of local amenities, shops, restaurants, and leisure facilities.
For commuters, both Braintree railway station and Braintree Freeport railway station are conveniently nearby, providing direct rail links towards London Liverpool Street via Witham railway station, while excellent road connections via the A120 and M11 motorway make travelling further afield equally accessible.
Combining income potential, flexibility, and an excellent location, this is a truly rare opportunity that must be viewed to be fully appreciated.
Sales Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
Value & comps
No previous sales on record.
Returns
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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 advisors 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 Cressing Road, Braintree, Essex
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