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See how verdicts work2-bedroom flat · CM12 0RT
Sold STCListed 48 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment is approached via a welcoming entrance hall, providing access to all principal rooms and useful storage cupboards.
The spacious living/dining room provides an excellent central reception space, with ample room for both comfortable seating and a dining area.
The room also benefits from a set of double doors opening directly onto the communal areas, creating a pleasant connection with the outside space.
The modern fitted kitchen is conveniently positioned off the living/dining room and provides a range of fitted wall and base units together with integrated cooking facilities and space for the usual appliances.
There are two well-proportioned bedrooms, both offering versatile accommodation for residents, guests or additional hobbies and interests.
The apartment is completed by a well-appointed bathroom, fitted with a bath and separate shower, Further benefits include useful storage, ground floor accommodation and access to the well-maintained communal gardens and communal areas.
The development also provides residents' parking, adding further convenience.
The Grange is situated on Stock Road in Billericay, within a popular residential area approximately 1.4km from Billericay railway station.
Local bus stops are also conveniently positioned nearby, providing access around Billericay and the surrounding area.
Billericay town centre is easily accessible and offers a good selection of shops, cafés, restaurants and everyday amenities, while the town's established residential setting and surrounding countryside provide an attractive environment for retirement living.
The location also offers convenient access to Billericay Station, which provides rail services towards London and other destinations.
Overall, this is an excellent opportunity to acquire a modern and well-maintained ground floor retirement apartment, combining comfortable accommodation with communal facilities, gardens and parking in a convenient Billericay 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 7, The Grange, 126, Stock Road, Essex
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