1-bedroom flat · CM11 2HR
Listing removedListed 231 days
Opportunity summary
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About
• SHARE OF FREEHOLD • ONE BEDROOM • GROUND FLOOR FLAT • OPEN PLAN LOUNGE/DINER/KITCHEN • TWO ALLOCATED RESIDENTS PARKING • COUNCIL TAX BAND: B Lease Remaining: 118 years approx.
Service Charges: £65.00 per calendar month approx. Ground Rent: £100 per annum. Entrance via Entrance door to: Lounge/Diner 16'6 x 7'1.
Double glazed window to front, laminate flooring, smooth ceiling with inset spotlights, doors to bedroom, open plan to: Kitchen 15'3 x 7'8.
Range of eye and base level units with work surfaces over, inset sink drainer unit, integrated oven and hob, integrated fridge/freezer, integrated dishwasher, integrated washing machine, laminate flooring, smooth ceiling with inset spotlights.
Bedroom 9'5 x 7'6. Double glazed window to front, radiator, laminate flooring, smooth ceiling with inset spotlights, door to: Bathroom/wc 7'4 x 7'1.
Obscure double glazed window to front. Suite comprising: panelled bath, pedestal wash hand basin, low level wc. Smooth ceiling with inset spotlights.
Agents Note Our vendor advises the following regarding the service charges: There are details in the lease that states what is fair and reasonable but without giving a value, as it is determined by the landlord (residents management company).
The figures used in this brochure, are for 2025 as paid by the vendor. Buyers Information Pack Please see below the link to access the Buyers Information Pack/TA forms: d6a40a04d7e
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
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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 Sunnymede Court, 21-23 Cavell Road, Billericay, Essex, CM11
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