2-bedroom flat · RM11 2QL
For saleListed 9 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A spacious chain free ground floor apartment within the sought-after Nelmes Court development, offered with a long lease, garage and private parking space directly in front of the garage.
The property features a generous living room, separate kitchen/diner, two double bedrooms, Bathroom with bath tub and shower cubicle and useful storage space wihtin the hallway.
Conveniently located just 0.6 miles from Gidea Park Station and 0.3 miles from Ardleigh Green Infant and Junior Schools, with local shops and amenities nearby, this home is ideal for first-time buyers, downsizers or investors alike.
Bonus of long lease 166 years remaining! Call Bairstow Eves Hornchurch on to view today!
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 Flat 15 Nelmes Court,, Nelmes Way, Essex
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