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See how verdicts work2-bedroom flat · CM2 9BH
Under offerListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The property requires some modernisation but has a long lease and a goood service charge. Communal Entrance and stairs to all floors.
Front door to property : Into an inner hall and a second door to the flat hallway. Hallway: Carpet, wall mounted heater. Airing cupboard.
Lounge: 14'03 x 11'04: Carpet, wall mounted heater, window to front aspect. Kitchen: 7'09 x 7'05: Selection of base and eye level units, sink and drainer. Cooker, fridge and washing machine.
Window to the front. Bedroom 1 : 12'07 x 8'01: Carpet, window to rear, wall mounted heater. Built in double wardrobe. Bedroom 2: 9'01 > 8' x 7'01: Carpet, window to rear, wall mounted heater.
Bathroom : 7'05 x 6'08: Panel enclosed bath, washbasin and low level w.c. Service Charge: £1500 PA Lease Length: 159 years - from circa 2016 Ground Rent: Peppercorn COUNCIL TAX: B EPC: B
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 Brooklands Walk, Chelmsford
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