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See how verdicts workStudio flat · CM12 0YJ
For saleListed 133 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* NO ONWARD CHAIN * Ground floor studio apartment with SOUTH FACING ASPECT, allocated parking, communal gardens, modern kitchen & bathroom, recently decorated throughout.
A recently decorated ground floor studio apartment, with South facing aspect, overlooking the communal garden.
Nestled in a cul-de-sac location on the popular Queens Park Development, this property is within walking distance of convenience shops, Aldi supermarket, Lake Meadows Park and Billericay Mainline Railway Station.
Offered for sale with NO ONWARD CHAIN, this property would make an excellent rental investment or first time purchase, with the peace of mind, there is 953 years remaining on the lease.
There is a modern bathroom, with paneled bath, electric shower above, vanity unit wash hand basin and low level W.C, built in storage cupboard housing the hot water cylinder.
The naturally light living room / bedroom has a built-in storage cupboard and two double glazed windows overlooking the well maintained communal garden.
There is a modern fitted kitchen, with a stainless steel sink/drainer, extractor fan, freestanding oven and fridge/freezer to remain, space for washing machine.
The property comes with one allocated parking space in the communal parking area.
Living Room / Bedroom - 4.42m x 2.95m (14'6 x 9'8) - Modern Kitchen With Appliances - 2.82m x 2.13m max (9'3 x 7' max ) - Modern Bathroom - 1.85m x 1.65m (6'1 x 5'5) - Allocated Parking - Ground Floor Studio Apartment - South Facing Aspect - Lease Information - INFORMATION PROVIDED BY VENDOR AND SUBJECT TO VERIFICATION FROM THEIR LEGAL REPRESENTATIVE, 953 YEARS REMAINING ON LEASE, CURRENT SERVICE CHARGE £2,058, PEPPERCORN GROUND RENT
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 Marlborough Way, Billericay
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