2-bedroom flat · RM16 6AZ
For saleReduced £10k (−4.2%) on 7 SepListed 298 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
We are pleased to present this 2 Bedroom ground floor apartment situated on the station side of Chafford.
Located in a quiet Cul-de-Sac with the station only a 0.6 mile walk away; Lakeside Shopping Centre and Harris Academy in close proximity, this property is perfect for commuters and families.
To the right as you enter the property you are welcomed by an airy open planned living room, which opens to a spacious dining area leading to a well-kept kitchen.
Furthermore, the living room benefits from French doors leading to a communal garden, letting in loads of natural light.
Further into the property you are met by 2 double bedrooms, with space for free standing storage and a well-maintained family bathroom. The property also offers allocated parking.
Entrance Hall (3.63m x 1.8m) Lounge (4.4m x 3.07m) Kitchen Dining Room (4.4m x 2.59m) Bedroom 1 (3.68m x 3.11m) Bedroom 2 (3.68m x 2.44m) Bathroom 2.03m 1.8m
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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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
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FAQ
About 169, Southwell Close, Grays
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