1-bedroom house · CM8 2AB
Sold STCListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A brand new one bedroom house situated in the centre of Witham town and benefitting from open plan living accommodation, private garden and an allocated parking space.
As you enter the property there are stairs rising to the first floor with cupboard beneath and a ground floor cloakroom. A door leads into the open plan lounge/diner/kitchen.
The kitchen area has a window to the front aspect, range of wall and base units, stainless steel sink, integrated oven and hob. Dishwasher, washing machine and fridge freezer.
The lounge area has patio doors opening out to the private rear garden and a further window to the rear.
The first floor landing has an airing cupboard and access into the main bedroom which has restricted head height, two velux windows and two further windows to the side.
A door gives access to the en-suite featuring a bath with shower over, W.C, wash hand basin and a heated towel rail. The vendors have advised that carpet or vinyl flooring will be laid to all rooms.
Outside The property has an allocated parking space and a private rear garden.
Location Witham is a thriving market town having two shopping centres, there are a variety of shops serving day-to-day needs.
The town has its own mainline railway station with direct trains to London Liverpool Street with a journey time of approximately 45 minutes.
There are also nearby road links via the A12 to Chelmsford, M25 and London to the South, and to the North, Colchester and East Anglia.
The A120 can be joined at Braintree giving easy access to Stansted Airport and M11. Directions Please use the postcode CM8 2PD for SatNav.
Important Information Council Tax Band - Services - We understand that mains water, drainage, gas and electricity are connected to the property. Tenure - Freehold EPC rating - Ref - WIT250298/djn
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
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FAQ
About Plot 1, Spread Eagle Mews, Essex
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