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See how verdicts work2-bedroom flat · CO6 1XT
For saleListed 61 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £150,000 - £170,000** This two-bedroom ground floor apartment offers an excellent opportunity for prospective buyers in the sought-after village of Marks Tey, Essex.
Ideal for first-time purchasers, those looking to downsize, or investors, this property benefits from being offered with no onward chain, ensuring a smoother and potentially quicker transaction.
Upon entering, you are greeted by an entrance hall that leads to all principal rooms.
The apartment features a well-proportioned sitting room, providing a comfortable space for relaxation and entertaining guests.
Adjacent to this, the kitchen is practical and functional, ready for a new owner to personalise and update to their taste, if desired.
It offers ample storage and workspace, catering to everyday culinary needs. The property comprises two good-sized bedrooms, offering versatile accommodation options.
The main bedroom provides a peaceful retreat, while the second bedroom could serve equally well as a guest room, a home office, or a hobby space, depending on individual requirements.
A family bathroom completes the internal layout, fitted with essential amenities.
One of the significant advantages of this apartment is its ground floor position, offering easy access and convenience.
Residents will also benefit from access to well-maintained communal gardens, providing a pleasant outdoor space to enjoy without the burden of personal garden maintenance.
This feature is particularly appealing for those who appreciate green surroundings but prefer a low-maintenance lifestyle.
Marks Tey is a popular village known for its excellent transport links, including a mainline railway station with direct services to London Liverpool Street, making it an ideal location for commuters.
The village also offers a range of local amenities, including shops, schools, and recreational facilities, all within easy reach.
The nearby A12 and A120 provide convenient road connections to Colchester, Chelmsford, and Stansted Airport.
This apartment represents a fantastic chance to acquire a property in a desirable location, offering both comfort and convenience.
Its no onward chain status further enhances its appeal, making it a compelling option for anyone looking to secure a home in Marks Tey.
Early viewing is highly recommended to fully appreciate the potential and charm this property has to offer.
Agents note: Anti-Money Laundering (AML) Compliance As part of our commitment to meeting UK Anti-Money Laundering (AML) regulations, Harris + Wood are required by law to confirm the identity of all purchasers before a sale can proceed.
To make this process as straightforward as possible, we work with an independent verification service, Clearcheck, who conduct these checks on our behalf.
A small verification fee applies for each purchaser. These checks must be fully completed and verified before we are able to progress with your purchase.
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
FAQ
About Mandeville Road, Marks Tey
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