2-bedroom flat · CM11 1HJ
For saleListed 91 days
Opportunity summary
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About
Key Features - LONG LEASE & NO ONWARD CHAIN - Two good size bedrooms - Fully tiled En-suite shower room to main bedroom - Separate fully tiled family bathroom - Good size bright and spacious living / dining room - Very well-presented throughout - Allocated parking area - Attractive, well-maintained communal grounds - Sought-after village location - Easy access to Billericay town centre and mainline station Full Description Situated within the popular Bakers Court development in the sought-after village of Ramsden Heath, this spacious ground floor apartment offers well-proportioned accommodation throughout and would make an ideal first-time purchase, investment or home for those looking to downsize.
The property has its own front door, without a communal hallway and features a generous living and dining room, a well-appointed kitchen, two good-sized bedrooms, with the main bedroom benefiting from a fully tiled en-suite shower room, alongside a modern fully tiled family bathroom.
The apartment has underfloor heating throughout, has been very well maintained and is presented in good decorative order, allowing a purchaser to move straight in.
Externally, residents enjoy allocated parking together with attractive communal gardens and grounds, all of which are exceptionally well maintained, creating a pleasant setting for the development.
Ramsden Heath is a charming Essex village offering a peaceful lifestyle whilst remaining conveniently located for nearby Billericay, where a wide range of shops, cafés, restaurants and amenities can be found.
Billericay's mainline railway station provides direct services into London Liverpool Street, making the property an excellent choice for commuters.
The area also offers easy access to the A127 and A12, connecting to the wider Essex and London road network.
Purchasers are offered a transaction with no onward chain and we are advised that the lease is long (999 years from 2005)
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
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