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See how verdicts work2-bedroom flat · CM3 1SG
Listing removedListed 171 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
An opportunity to purchase this two bedroom 1st floor apartment in the popular location of Great Leighs. Lounge, kitchen area, two bedrooms and family bathroom.
Allocated parking for one car, further parking available. Available with no onward chain Communal Entrance Communal entrance via intercom, stairs to first floor.
Entrance Hall Wooden entrance door to the hallway, double glazed window to rear aspect, radiator, doors to Lounge/Kitchen (6.41 x 3.15 (21'0" x 10'4")) Double glazed window to rear aspect, French doors to front aspect with Juliette balcony, two radiators.
Range of base and eye level units plumbed for washing machine, gas hob and electric oven with extractor over. Bedroom One (3.5 x 3.
(11'5" x 9'10")) Double glazed window to front aspect, built in wardrobe, radiator Bedroom Tw (3.3 x 2.0 (10'9" x 6'6")) Double glazed window to front aspect, radiator.
Bathroom Double glazed window to rear aspect, low level WC, panel bath with shower over, hand basin, radiator. Parking Allocated parking for one car with further parking available.
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 111, Shimbrooks, Chelmsford
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