2-bedroom flat · CM5 0GD
Listing removedListed 127 days
Opportunity summary
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About
Shared Ownership Opportunity in Ongar | Contemporary 2-Bed Apartments | 35% share Set within a thoughtfully designed, small-scale development on Fyfield Road, these two-bedroom shared ownership apartments offer a rare chance to step onto the property ladder in the charming market town of Ongar.
Combining contemporary interiors with a peaceful rural backdrop, these homes have been carefully crafted to respect the character of the surrounding countryside.
With a limited number of Shared Ownership homes available, this is an exclusive opportunity ideally suited to first-time buyers, professionals, and couples looking to remain within the Epping Forest district.
Each apartment benefits from a high-quality specification, energy-efficient design, and allocated parking, providing a comfortable and practical home in a sought-after location where new-build Shared Ownership opportunities are rarely available.
Key Information * Tenure: Shared Ownership * Available Shares from: 35% * Full Market Value: £360,000 * Share Value (initial purchase) from: £126,000 * Rent (on unsold equity): £536.25 per month * Service Charge: £186 per month Location Situated in the historic market town of Ongar, within the Epping Forest district, this development enjoys a peaceful setting surrounded by open countryside.
Ongar offers a blend of rural charm and everyday convenience, with a selection of independent shops, cafés, and local amenities close by.
For those who enjoy the outdoors, the surrounding countryside and nearby Epping Forest provide excellent opportunities for walking, cycling, and recreation.
Despite its tranquil setting, Ongar remains well connected, with regular bus services to Epping, where the Central Line offers direct access into London.
Road links via the A414, A128, M11 and M25 also provide easy connections to neighbouring towns and beyond. Images used are Computer Generated Images (CGIs) and are for illustration purposes only.
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
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FAQ
About Gilmour House, Milnthorpe Lane, Ongar
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