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See how verdicts work2-bedroom flat · SS6 7TP
No longer listedReduced £10k (−5.6%) on 25 JulListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Spacious 2-Bedroom Ground Floor Retirement Apartment – Chain Free Located within the highly regarded Carisbrooke Lodge in Rayleigh, this well-presented two-bedroom ground floor retirement apartment is offered chain free, providing a smooth and straightforward purchase.
The property offers comfortable and convenient living, featuring a generous lounge, a fitted kitchen, two good-sized bedrooms, and a well-appointed bathroom.
Being situated on the ground floor, the apartment provides easy access, making it ideal for those seeking practicality and independence.
Residents of Carisbrooke Lodge benefit from well-maintained communal gardens which can be accessed directly via the french doors from the bedroom, perfect for relaxing outdoors, as well as communal parking for residents and visitors.
This popular development is designed for retirement living, offering a peaceful and sociable community environment while being conveniently located close to Rayleigh’s local amenities, shops, and transport links.
Key Features: Two-bedroom ground floor apartment Chain free Sought-after retirement development Spacious lounge and fitted kitchen Communal parking Well-kept communal gardens with direct access Convenient Rayleigh location
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 Flat 3, Carisbrooke Lodge,, Hilltop Close, Essex
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