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See how verdicts work2 × 3-bed flat · SS11 7DG
For saleReduced £75k (−12.5%) on 17 OctListed 67 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** guide price £600,000 - £650,000 *** A fantastic investment opportunity comprising two spacious three-bedroom flats, offering immediate rental income and significant development potential.
The property presents scope for reconfiguration, extension, or conversion (subject to planning permission), making it ideal for investors or developers looking to maximise value in a sought-after location.
The property houses two kitchens, making it well-suited for multi-familial living or rental incomes.
Given its existing use as two flats, there are also two reception rooms, providing plenty of communal space for residents or guests.
Accompanying these bedrooms are two bathrooms, facilitating convenience and easy routines within the property.
Significantly, the property has potential in spades, and it is now seeking a visionary who can unlock its true potential.
It's a opportunity worthy of exploration, which can either be a magnificent family residence or a prosperous investment project. Please note internals are of the upper floor apartment.
Disclaimer Whilst we make enquiries with the Seller to ensure the information provided is accurate, Cowling & Payne makes no representations of any kind with respect to the statements contained in the particulars which should not be relied upon as representations of fact.
All representations contained in the particulars are based on details supplied by the Seller. Your Conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
Please inform us if you become aware of any information being inaccurate.
Money Laundering Regulations Once your offer has been accepted and you proceed with the purchase, a non-refundable administration fee of £50 (including VAT) per person will be required to complete our Anti-Money Laundering identity verification process.
Once completed, along with other necessary documentation requested the property will be advertised as STC.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 145, Swan Lane, Essex
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