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See how verdicts work2-bedroom flat · IG10 3FS
For saleReduced £65k (−14%) on 25 OctListed 258 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Extremely popular for retirement living is this spacious top floor apartment, within the McCarthy and Stone development known as Poets Place, which was constructed to a high specification during 2017.
The apartment offers two bedrooms, living room, kitchen, and a wet room. There is direct access from the living room to a balcony which overlooks the communal gardens.
Bedroom one has fitted furniture and the second bedroom could be used as a dining room if required. Designed specifically for independent retirement living for the over 60's.
The apartments boast underfloor heating throughout, Sky/Sky+ connection points in living rooms, and secure camera entry system with use with a standard TV.
The dedicated House Manager is on site Monday to Friday - 8:45am - 2:45pm Monday – Friday to take care of the running of the development.
There's no need to worry about the burden of maintenance costs as the service charge covers the cost of all external maintenance, gardening and landscaping, external window cleaning, buildings insurance, water rates and security systems.
All energy costs of the resident’s lounge, and other communal areas are also covered in the service charge.
For peace of mind, the development has camera door entry and 24-hour emergency call systems, should assistance be required.
The community lounge provides a great space to socialise with other residents of Poets Place, together with friends and family when visiting.
The property is being offered for sale with no onward chain and is conveniently placed for access to Loughton underground station, being 0.2 miles and the High Road with a selection of shops, restaurants, a M&S food hall, a Morrisons and Sainsbury’s supermarket is within 0.3 miles.
IMPORTANT NOTE TO PURCHASERS: 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 travelling some distance to view.
Fixtures and fittings other than those mentioned are to be agreed with the seller. LLO219436/1
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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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
Agent & docs

FAQ
About Poets Place, 11 Alderton Hill, Loughton, Essex, IG10
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