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See how verdicts work1-bedroom flat · CM12 0PE
Sold STCReduced £10k (−5%) on 25 OctListed 112 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern one bedroom first floor maisonette, lease in excess of 950 years, cul-de-sac location, allocated parking, open plan kitchen / living space, refitted shower room, near to shops and Stock Brook Manor, ideal first time purchase or investment opportunity.
Recently updated one bedroom, first floor maisonette, perfectly suited for first time buyers and investors, with no work required !
This property also has the benefit of a lease in excess of 950 years, an allocated parking space, UPVC double glazed windows, loft storage space, modern open plan kitchen / living space, spacious double bedroom with South facing aspect and a refitted shower room.
Located in a quiet cul-de-sac, within walking distance of Stock Brook Manor, the Queens Park Nature Reserve and Lake Meadows Park, Aldi Supermarket and shops at The Pantiles are within close proximity and this property is within commuting distance of Billericay Mainline Railway Station, serving London Liverpool Street in just 35 minutes.
Lease Information - Approximately 953 years remaining on the lease, no service charge payments, maintenance split between 4 residents of the block Allocated Parking - Modern Open Plan Kitchen / Living Room - Upvc Double Glazed Windows - Refitted Shower Room - Spacious Double Bedroom - First Floor Maisonette -
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 Portman Drive, Billericay
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