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See how verdicts work2-bedroom flat · CO9 1FD
For saleReduced £5k (−3.8%) on 1 OctListed 38 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Within the highly sought-after Riverside Court development in the heart of Halstead, this beautifully presented top-floor retirement apartment offers a peaceful and welcoming living space with breathtaking views.
The living room features a large window that overlooks the river and the scenic footpath leading into Box Mill, creating a truly serene setting.
The property is in excellent condition throughout and has been thoughtfully designed for comfort and convenience.
It features an entrance hall, a spacious lounge/diner with river views, a well-appointed kitchen, a modern shower room, and a generously sized two double bedrooms with additional fitted wardrobes and ample storage space.
The kitchen is fully equipped with an oven, hob, and hood, as well as a fridge freezer, making it ready to move into with ease.
The lounge also features an electric fire, adding a cosy touch to the space.
With a 99 year lease in place, the apartment benefits from a ground rent of £748 per year, which is fixed at this rate for the next 23 years, offering long-term stability.
The service charge is £5,064.15 per year, equating to £97 per week, and includes key services such as buildings insurance and water rates.
Riverside Court is renowned for its strong sense of community, making it an ideal choice for those looking to enjoy a sociable and secure retirement lifestyle.
Residents have access to a welcoming communal lounge, perfect for socialising, as well as beautifully maintained gardens, a laundry room, and a guest suite that can be hired for just £25 per night-ideal for visiting friends and family.
This well-positioned apartment is conveniently located in the centre of Halstead, offering easy access to local shops, cafés, and essential amenities, all while being surrounded by picturesque scenery.
Combining comfort, convenience, and a fantastic community atmosphere, this home provides an exceptional opportunity for those looking for a relaxed and enjoyable retirement in a truly wonderful setting.
Sales Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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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FAQ
About Flat 51, Riverside Court,, Rosemary Lane, Essex
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