We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CO11 1HW
Sold STCListed 236 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
£250,000 to £275,000 Guide Price Set within the historic Free Rodwell House on School Lane, this striking top floor apartment forms part of a beautifully converted maltstore dating back to the later 1800s, a period when Mistley thrived as a riverside trading village serving the brewing and agricultural industries of north Essex.
The building’s industrial heritage has been thoughtfully preserved, with the conversion blending original character and generous proportions with contemporary living.
The apartment itself extends to over 1,000 sq ft and is approached via a secure communal entrance with both lift and stair access.
A private front door opens into a welcoming reception hallway, naturally illuminated by a skylight and providing access to all principal rooms, a stylish family bathroom and a large built in storage cupboard.
The sense of space continues into the impressive open plan kitchen and living area, where a combination of skylights and rear facing windows create a light and airy atmosphere throughout the day.
The kitchen is fitted with modern units and integrated appliances, while the sitting area offers ample room for both dining and relaxation, centred around a charming wood burning stove that nods subtly to the building’s industrial origins.
The principal bedroom is particularly generous, featuring a well appointed en suite shower room.
A second double bedroom is equally well proportioned and benefits from access to a fully boarded loft space with power and lighting, offering excellent additional storage or hobby space.
A contemporary main bathroom completes the internal accommodation.
Residents of Free Rodwell House enjoy exclusive use of a private fitness suite and indoor swimming pool, adding to the lifestyle appeal of this unique development.
Externally, the apartment is allocated two parking spaces, one of which is under cover along with available visitors spaces. The location is exceptionally convenient.
Mistley railway station is just a short walk away, providing regular direct services to London Liverpool Street, with journey times of approximately 70 to 75 minutes.
Manningtree, a neighbouring market town with a wider selection of shops, cafés and riverside restaurants, is around 1 mile away, while Colchester, with its historic town centre, mainline station and extensive retail and leisure facilities, lies approximately 7 miles to the west.
Ipswich is around 10 miles to the north, both towns offering frequent rail connections and reachable by car in around 15 to 20 minutes depending on traffic.
Mistley itself offers a charming village atmosphere with local shops, public houses and well regarded eateries all within walking distance, alongside recreational grounds and riverside walks along the Stour Estuary.
Combining period character, modern comfort and excellent connectivity, this apartment presents a rare opportunity to enjoy distinctive living in one of north Essex’s most historic riverside settings.
Communal Entrance Entrance Hall 26'2" x 3'4" (7.98m x 1.02m) Living / Dining / Kitchen 33'1" x 13'11" (10.08m x 4.24m) Master Bedroom 21'3" x 10'6" (6.48m x 3.2m) Ensuite Shower Room Bedroom Two 21'3" x 8'7" (6.48m x 2.62m) Bathroom Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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 Free Rodwell House, School Lane, Mistley, Manningtree, Essex
Explore nearby