1-bedroom flat · EN9 1XB
Listing removedListed 255 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Benefiting from an extended lease, an opportunity to purchase this recently refurbished ground floor studio flat with separate sleeping area, situated on a popular development within walking distance of the town centre.
The property would make a suitable 1st time/investment purchase and is being offered chain free Howard Close is a popular development being within of the town centre with its historic Market Square with an assortment of shops and eateries and bi-weekly market.
Junction 26 of the M25 motorway is within easy access, whilst Waltham Cross mainline br station and Epping and Loughton underground stations are within driving distance for direct access into central London and beyond.
Larsens Park and the picturesque Abbey Gardens are within walking distance for those recreational activities.
The property itself has been recently refurbished to include a new kitchen with appliances and a modern shower room.
The accommodation comprises an entrance hall with a built in cupboard, and provides access to the open plan lounge/kitchen and shower room.
The open plan lounge/ kitchen overlooks the front elevation with laminated flooring, and a range of high gloss wall and base units with contrasting work surfaces and appliances.
Additionally there is an electric heater and an entryphone. A separate sleeping area with fitted wardrobes is accessed from the lounge.
A modern shower room which is fully tiled with a shower enclosure, close coupled WC and wash hand basin complete this property. Externally there are communal parking areas and communal gardens.
Being offered chain free an internal viewing is strongly recommended.
Entrance hall open plan lounge/kitchen 19' 00" x 10' 5 Max" (5.79m x 3.18m) bedroom 8' 10" x 6' 10" (2.69m x 2.08m) shower room 6' 5" x 5' 1" (1.96m x 1.55m) communal parking areas communal gardens charges and tenure Council Tax Epping Forest District Council Band B Leasehold 189 Years unexpired Management Charge £1044 Per Annum Ground Rent - Nil utilities and suppliers Electricity - Mains Water - Mains Sewage - Mains Heating - Electric Broadband Mobile Signal Vodafone EE three O2
Value & comps
No previous sales on record.
Returns
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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 115, Howard Close, Waltham Abbey
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