3-bedroom house · RM3 8BS
Listing removedListed 92 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• three bedrooms • terraced house • close to local shops and amenities • fitted kitchen • four piece bathroom suite • available now • unfurnished Lounge (14' 7" x 12' 3") Laminate flooring, newly decorated and patio doors leading to garden.
Kitchen (15' 9" x 8' 3") Newly fitted kitchen with matching wall and base units. Garden Mainly laid to lawn.
Bedroom 1 (14' 7" x 9' 1") Laminate flooring, newly painted, double glazed window to rear and one radiator.
Bedroom 2 (11' 5" x 7' 11") Laminate flooring, double glazed windows to front and one radiator. Bedroom 3 (8' 0" x 7' 1") Laminate flooring, double glazed window to front and one radiator.
Bathroom Bath with mixer taps, walk in shower cubicle, wall mounted wash hand basin, low level WC and heated towel rail.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 57, Lucerne Way, Essex
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