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 work1-bedroom house · CB11 3GZ
For saleListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully appointed first floor retirement apartment positioned in a central and favourable location within the town.
The apartment enjoys far reaching views of the town and provides bright and well proportioned living accommodation throughout together with communal gardens and parking. Offered chain free.
Ground Floor - Communal Entrance - Staircase and lift to upper floors. First Floor - Private Entrance Hall - Entrance door and doors to adjoining rooms.
Living/Dining Room - A triple aspect room with double glazed windows to both side aspects and to the rear overlooking the communal gardens.
Door to: Kitchen - Fitted with a range of base and eye level units with tiled splashbacks, stainless steel sink unit, refitted appliances including four ring Neff hob with extractor hood, oven, fridge freezer and washing machine.
Tiled flooring and double glazed window to the side aspect. Bedroom - Double glazed window to the rear aspect, free-standing wardrobes and walk-in wardrobe with built-in cupboard with shelving.
Shower Room - Comprising low level WC, ceramic wash basin with vanity cupboard beneath, walk-in shower enclosure, tiled flooring and walls.
Leasehold - Term: 125 years from and including 1 June 2012 (111 years remaining) Ground Rent: £425 p.a. Service Charge: £4,381.68 p.a.
Service charge covers: •Underfloor heating •Building insurance, water, and sewerage rates •A 24-hour emergency call system •The employment of McCarthy Stone’s on-site House Manager who runs the development, brings together the community and is the point of contact for homeowners and their families •Door camera entry security systems and monitored fire alarms •All maintenance of the building and grounds, including window cleaning, gardening and upkeep of the building exteriors and communal areas •Maintaining lifts, heating, and lighting in communal areas •Contingency fund •Guest suite (additional charge £25.00 per night) Purchaser must be over the age of 60.
Viewings - By appointment through the Agents.
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 South Road, Saffron Walden
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