Studio flat · CO1 2XT
For saleListed 44 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Price range £85,000 to £95,000 No Onward Chain This studio apartment is located within walking distance of the town centre and public transport links.
Offered with no onward chain and in good decorative order with the added benefit of its own private entrance and an allocated parking space.
The property commences with a studio room which is of good size with double glazed window to the front.
To the rear of the room is the kitchen area with its range of worktop and cupboard space, an under counter fridge, single oven with electric hob and washing machine.
The separate bathroom is accessed via a door to the left hand side and is complete with a bath with shower over, W/C, hand wash basin and electric heated towel rail.
The property benefits from electric heating and double glazing. Council tax band: A EPC rating: C Living Room (3.86m x 3.07m) Kitchen (1.98m x 1.85m) Bathroom (1.47m x 1.35m)
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
FAQ
About 104, Nicholsons Grove, Essex
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