Studio flat · EN9 1XA
Sold STCListed 366 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Howard Close is a modern development ideally located walking distance of our historic town centre and adjacent to the Tesco superstore development with GP surgeries and local shopping facilities.
More comprehensive facilities are available in the charming 14th century town centre with its bi-weekly market and historic protected Abbey Church and gardens.
For the commuter there are local bus stops outside the development which offer a regular service into neighbouring towns for train services into London.
Additionally junction 26 of the M25 with connections to the A10 and M11 is within a few minutes drive.
This particular property is situated on the top/second floor and benefits from full double glazing and electric heating.
Additionally this property benefits from an extended lease and would make an excellent first time buy or investment purchase.
The accommodation comprises an entrance hall which provides access to both lounge and bathroom.
The open plan lounge/kitchen is light and airy with a range of fitted white high gloss base units and contrasting work surfaces, built in oven and hob, and tiled flooring throughout.
The bedroom area is accessed from the lounge and has a recess/space for wardrobes . A part tiled bathroom with a three piece suite complete this property.
Externally there are well maintained communal gardens and FREE RESIDENT PARKING on a first come first serve basis.
ENTRANCE HALL OPEN PLAN/LOUNGE/KITCHEN 19' 00" x 10' 5 Max" (5.79m x 3.18m) BEDROOM AREA 9' 00" x 8' 9 Max" (2.74m x 2.67m) BATHROOM 6' 7" x 5' 6" (2.01m x 1.68m) COMMUNAL GARDENS COMMUNAL PARKING CHARGES Council Tax Epping Forest District Council Band B Tenure - Leasehold approximately 154 unexpired Service Charge £1307.28 Per Annum Ground Rent £225 Per Annum UTILITIES AND SUPPLIERS Electricity - Mains - British Gas Water - Mains - Thames Water Sewage - Mains - Thames Water Heating - Electric Broadband - Property is vacant Mobile Signal and Coverage - Vodafone Three EE O2
Value & comps
No previous sales on record.
Returns
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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
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FAQ
About Howard Close, Waltham Abbey
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