We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CM3 8AE
Listing removedListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price - £400,000 - £425,000 Set in an exclusive private development with well manicured grounds is this beautifully presented 2 bedroom, 2 bathroom apartment, located in the desirable village of East Hanningfield, if your looking for something a bit special this could be your perfect home.
Internally you enter the property into the inner hallway, the leads onto the reception rooms, bathroom and bedrooms.
The spacious lounge features sliding doors to the balcony that overlooks the stunning communal gardens. The second reception room is current being used by the current owners as a dining room.
The modern fitted kitchen contains uniform units and integrated appliances. Both bedrooms in the property are sizeable doubles, with built in wardrobes and an ensuite from the master.
The second bedroom possesses a study area which has potential to be a walk in wardrobe or dressing room. The property also contains an additional bathroom with a matching three piece suite.
This property is located in East Hanningfield, a small village situated to the southeast of Chelmsford and to the northwest of South Woodham Ferrers.
It is surrounded by the villages of Bicknacre, Woodham Ferrers, West Hanningfield, Howe Green, and Rettendon.
It is a popular village and within walking distance of the property offers a highly regarded local primary school, post office/shop.
There are regular bus services to Chelmsford, Southend and South Woodham Ferrers. Entrance Hall Smooth ceiling, loft access, storage cupboard, storage heater and fully fitted carpet.
Lounge 5.99m (19'8") x 4.67m (15'4") > 4.32m (14'2") Coved to smooth ceiling, double glazed window, double glazed sliding doors leading to balcony, fully fitted carpet.
Dining Room 3.56m (11'8") x 2.97m (9'9") Coved to smooth ceiling, two double glazed windows, fully fitted carpet.
Kitchen 3.56m (11'8") x 2.95m (9'8") Smooth ceiling, inset spotlight, double glazed window, fitted kitchen, a range of eye and base units, inset sink with draining board, space for large fridge freezer, integrated oven and grill, four ring hob, built in extractor fan, breakfast bar, tiled flooring.
Master Bedroom 4.27m (14'0") x 3.66m (12'0") Coved to smooth ceiling, inset spotlights, double glazed window, built in wardrobes, fully fitted carpet.
Ensuite Shower Room Tiled walls, shower cubicle, low level W/C. vanity wash hand basin.
Bedroom Two 4.50m (14'9") x 2.74m (9'0") Coved to smooth ceiling, double glazed window, fully fitted carpet. Study Area Coved to smooth ceiling, fully fitted carpet.
Bathroom 2.13m (7'0") x 1.88m (6'2") Smooth ceiling, inset spotlights, double glazed window, tiled walls, low level W/C, vanity wash hand basin, enclosed panelled bath with mixer taps and shower, shower curtain rail, tiled flooring.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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.
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