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See how verdicts work2-bedroom flat · CO11 1HW
Sold STCReduced £10k (−5.4%) on 19 JulListed 161 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An exciting opportunity has arisen to acquire a two bedroom, second floor apartment, situated within 'Free Rodwell House'.
Free Rodwell House offers a rare opportunity to live in a historic yet modernised setting, perfect for those who appreciate both character and convenience.
Offering unique charm in form of exposed brick feature walls, whilst combined with modern fitments, it offers the perfect blend of both traditional and modern day living.
This apartment also boasts exclusive residents own facilities, such as a heated swimming pool with designated changing rooms and a well-equipped gym across two floors.
Complete with allocated parking, visitors parking and lift access, this apartment is a must view to appreciate all that is on offer.
Well-maintained communal areas are access by a secure fob entry and telephone system, where both stairs and lift access lead to the second floor, where the entrance to the apartment can be found.
A welcoming entrance hall with inset storage and wall mounted lights immediately greets you, providing access to all further accommodation.
An impressive open-plan kitchen/living space is on offer, benefitting from integrated appliances and featuring an exposed brick feature wall.
Both bedrooms are of comfortable double size, again featuring exposed brick, whilst the master bedroom is also complimented with a fully tiled en-suite shower room.
A separate family bathroom is offered for convenience.
Location - Mistley, a quaint village located near Manningtree in the district of Tendring, Essex and is a picturesque and historically rich location.
Nestled along the southern banks of the River Stour, Mistley provides a serene charm with its combination of natural beauty and historical architecture.
The village itself and neighbouring town of Manningtree, features cosy pubs and reputable restaurants, independent shops, giving it a warm and welcoming atmosphere.
Mistley is well-connected by road and rail, with Mistley Station within minutes and Manningtree station just a short distance away, offering regular services to London, Ipswich, and Colchester.
This makes it an ideal location for those seeking a peaceful, rural lifestyle with convenient access to neighbouring towns and cities. Viewings - Available at request and by appointment only.
Kitchen 11' 8" x 6' 1" (3.56m x 1.85m) Living/Dining Area 18' 2" x 13' 10" (5.54m x 4.22m) Bedroom One 18' 2" x 10' 3" (5.54m x 3.12m) Bedroom Two 14' 7" x 9' 11" (4.45m x 3.02m) Bathroom 6' 7" x 6' 1" (2.01m x 1.85m) Leasehold Information This property is offered on a leasehold basis - 125 Years From 24 June 2005, with approximately 104 years remaining on the lease.
We understand a maintenance charge of circa £3000.00p per annum is payable, with a ground rent of £175.00p per annum also applicable. The block is managed by Boydens.
Please be advised the above leasehold information is provided by our clients in good faith and we encourage all interested parties to confirm all associated charges with their legal representative, at an early stage of their conveyance.
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.
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FAQ
About Free Rodwell House, School Lane, Manningtree
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