2-bedroom flat · RM11 2GU
For saleListed 246 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern chain free 2 double bedroom first floor apartment with balcony and parking. Guide price of £300,000-£325,000. Stylish and modern in decor throughout.
The apartment offers security entryphone system into the block. The hallway leads into the L shape open plan lounge diner and opensthe modern fitted kitchen with built in appliances.
From the lounge there is access to private balcony with treelined views giving the perfect outside space. Family bathroom with bathtub and 2 double bedrooms.
The main bedroom offers and good sized en-suite with shower and juilet balcony compliments the bedroom overlooking communal gardens giving pretty views and ample natural light.
Additionally, the property is in a peaceful location but situated close to local amenities and only 0.5 miles from Gidea Park transport links and green spaces, offering a desirable lifestyle.
We highly recommend a viewing.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 Flat 10 Ravensbourne Place, 13, Mellish Way, Essex
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