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See how verdicts work2-bedroom flat · CO12 4JP
For saleListed 18 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroomed lower ground floor RETIREMENT FLAT for the over 55's situated in this popular Emily May Court development.
The apartment enjoys a good sized lounge/diner, modern fitted kitchen, TWO BEDROOMS and shower room with access on to a patio area and the COMMUNAL GARDENS.
The development also enjoys a LIFT within the block, part time resident's manager and COMMUNAL PARKING.
Entrance Entrance to the development is made via a security entry system with lift leading down to the lower ground floor. Door gives access to the entrance hall.
Entrance Hall Electric radiator, large walk in storage cupboards, doors lead off to all rooms.
Lounge/Diner 4.9m max x 4.67m - A sunny aspect room with double glazed door and window to rear which opens onto a small patio and communal gardens.
Wall mounted fire, security entry system and emergency pull cord. Kitchen 3.25m x 1.73m (10' 8" x 5' 8") Single drainer sink inset into work surface with cupboards under.
Further worksurfaces arranged in a 'L' shaped configuration having a comprehensive range of modern cupboards and drawers underneath with built in oven and hob, integrated fridge freezer and space for dishwasher or washing machine.
Matching range of wall cabinets incorporating microwave oven, chimney hood, part tiling to walls, Dimplex electric heater, emergency pull cord.
Bedroom 1 2.62m x 2.41m (8' 7" x 7' 11") Double glazed window to rear overlooking the communal gardens. Built in wardrobes to the length of one wall, emergency pull cord.
Bedroom 2 2.62m x 1.85m (8' 7" x 6' 1") Double glazed window to rear overlooking the communal gardens. Electric heater, emergency pull cord.
Shower Room Walk in tiled shower, wash basin and WC inset into vanity unit with matching cupboards to one side. Heated towel rail, emergency pull cord.
Outside As previously mentioned there are pretty communal gardens, communal parking area and drying area.
Agent's Notes Within the building there is a resident's lounge and part time resident's warden. The heating system has not been tested by the Agent.
Agents Disclaimer The details shown below have been provided by the vendors and any purchaser is advised to liaise with their solicitor for confirmation of this information.
Length of Lease: 99 years with 62 years remaining (September 1989) Service Charge: £3857.99 per annum. Ground Rent: £152.35 payable every 6 months.
THIRD PARTY COMMISSIONS Harwich Village Homes can offer services that maybe of interest to you. These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
Surveyors If we are asked to recommend a surveyor, we will recommend Julien Lawrence Surveyors.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Julien Lawrence Surveyors be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes may receive a third-party commission of up to £50.
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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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 Main Road, Harwich, Essex, CO12
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