1-bedroom house · CM12 0QH
Sold STCListed 223 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One bedroom first floor retirement apartment at Park Lodge, with West facing aspect, quiet location overlooking communal gardens, offered for sale with NO ONWARD CHAIN.
This naturally light and spacious retirement apartment is offered for sale with NO ONWARD CHAIN.
located on the first floor of the popular warden controlled Park Lodge development in Billericay's Queens Park area.
Park Lodge specifically caters for those aged 55 and over, benefitting from full use of all communal facilities, including large lounge, dining area along with well maintained communal garden areas and laundry room.
This one bedroom property, is located at the back of the building, facing onto York Road and the communal gardens, making this a quiet and bright apartment with large West facing windows to the living room and bedroom.
Features include, a spacious double bedroom with built-in wardrobes, living room with electric fireplace, modern fitted kitchen with appliances to remain, bathroom with fully tiled white suite, including paneled bath and shower attachment.
This development is conveniently adjacent to the local 'Pantiles' shopping area with an Aldi Supermarket and the local bus service stops outside and provides easy access to Billericay High Street and Mainline Station.
Entrance Hallway - 3.07m x 0.94m (10'1 x 3'1) - Modern Bathroom - 2.03m x 1.42m (6'8 x 4'8) - Bedroom With Built-In Wardrobes - 0.66m x 0.61m (2'2 x 2'0) - Living Room - 5.08m x 3.15m (16'8 x 10'4) - Fitted Kitchen With Appliances - 4.32m x 2.67m (14'2 x 8'9) - Communal Gardens - Communal Laundry Room - Residents Parking - No Onward Chain -
Value & comps
No previous sales on record.
Returns
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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 Park Lodge, Queens Park, Billericay, Essex
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