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See how verdicts work2-bedroom flat · CM12 0RT
For saleReduced £25k (−7.1%) on 15 OctListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
- Over 60's Development - Top Floor (2nd) - Well Positioned Within The Bloc Over Looking Communal Gardens - Large Lounge Diner - Chain Free - The Grange is a warden assisted over 60's complex which benefits from having a communal room where events often take place creating a brilliant community feel in addition to a guest suite if you have friends or family visiting.
Situated to the rear of the bloc on the 2nd floor, this means the property is overlooking the communal gardens to the rear and being very quiet.
The property itself offers 2 good sized bedrooms, a large lounge diner with Juliette balcony, fitted kitchen just off of the lounge diner and bathroom.
The Grange is located on a bus route, allowing easy access to Billericay High Street.
Look no further if you are looking for somewhere which provides security, a lovely community feel and somewhere close to local amenities.
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 22, The Grange, 126, Stock Road, Essex
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