1-bedroom flat · IG9 5DT
Sold STCListed 41 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Detailed Description Offered with no chain is this superb top floor one bedroom apartment situated in a fantastic spot with Queens Road's boutique shops and cafes a short stroll away.
The accommodation has a contemporary feel with an open plan lounge with stylish kitchen, large shower room and a good size bedroom.
Further features include a long lease, car parking space and gas central heating.
Location Princes Road is the perfect location for Queens Road, with its boutiques shops, cafes, restaurants and Waitrose Supermarket.
The Central Line Station is just a short walk away, with its direct links to the City, West End and Canary Wharf, and for road users the M11, M25 and routes into London are all easily accessible.
The area is well served by both state and independent schools, and with Epping Forest surrounding the area, you are never short of leisure pursuits.
Accommodation The apartment is located on the top floor and is positioned to the rear of the block with delightful views of the communal gardens.
The interior has a contemporary feel with an open plan lounge and kitchen area, good size bedroom and spacious shower room.
The kitchen has a good range of units with integrated electric hob and oven with marble effect worktops, including a breakfast bar.
The shower room is stylishly fitted with a large shower and vanity sink unit. Further features include wood effect flooring, neutral carpet in the bedroom, double glazing and gas central heating.
Exterior Tara Court is an attractive development with a well maintained communal garden to the rear of the block.
This apartment is sold with an allocated parking space and residents' permit parking is available for guests.
Agent's note We are told by the vendor that the flat is to be sold with a long lease with over 900 years remaining and the annual service charge stands at £1,500 per annum
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
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FAQ
About 11 Tara Court, Princes Road, Essex
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