2-bedroom flat · CO5 8EB
Listing removedListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented two bedroom apartment, recently redecorated throughout and offering bright, airy accommodation in a highly convenient West Mersea location.
The property is ideally positioned within easy reach of local amenities, shops and everyday essentials, making it perfectly suited to first-time buyers, downsizers or those seeking a low-maintenance coastal home.
The interior has been refreshed to create a light and welcoming atmosphere, enhanced by newly installed slimline electric heaters which provide modern, efficient heating while maintaining clean lines and a contemporary feel.
Both bedrooms are well-proportioned and versatile, complemented by comfortable living space that enjoys an abundance of natural light.
Externally, residents benefit from access to a well-maintained communal garden, ideal for relaxing or enjoying warmer months, along with the convenience of a garage.
Further advantages include a share of the leasehold and the significant benefit of no onward chain, allowing for a straightforward and timely purchase.
This attractive apartment combines modern comfort with an excellent village location, offering an ideal opportunity to enjoy life in sought-after West Mersea.
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.
Area
Agent & docs
FAQ
About East Road, West Mersea,
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