3-bedroom flat · CO2 7NU
Listing removedReduced £100 (−5.6%) on 11 SepListed 120 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Rare to the market is this unique three bedroom, three bathroom property located in the highly sought after Lacerta Court, perfectly positioned for easy access to the city centre and all its amenities.
Offering three double bedrooms and Three bathrooms, two of which are en-suite this three bedroom split level apartment offers generously spacious and well-proportioned accommodation throughout.
It also further benefits from a mezzanine floor offering further living space or ideal storage.
The property benefits from an allocated parking space, with additional visitor spaces available and electric underfloor heating.
Entering on the ground floor there is a large entrance hall with two storage cupboards, doors to two of the bedrooms, family bathroom and stairs rising to the first floor.
There are two good size double bedrooms with the principle benefitting from built in wardrobes and an en-suite shower room.
There is a contemporary family bathroom comprising panelled bath with shower above and fitted screen, wc, hand wash basin and chrome heated towel rail.
On the first floor you will find the fantastic open plan living space with a fantastic modern kitchen which includes large breakfast bar.
There is a range of base and eye level units, electric oven and hob and integrated appliances.
Above the living space is a mezzanine floor offering a further versatile space which lends itself nicely as a snug/reading area or could be used well for storage space.
Accommodation concludes with the third bedroom which is also has an en-suite shower room. Important Information Letting information The rent is exclusive of utilities and council tax.
Deposit: £2307.69 or our deposit replacement product Availability: Approx end of July Non Smokers Council tax band C EPC rating C Services - We understand that mains water, drainage and electricity connected to the property.
Broadband Availability - Standard and Ultrafast available (Ofcom Broadband Checker - June 2026).
Mobile Coverage - It is understood that the best available mobile coverage in the area is provided by O2, EE, Vodafone and Three.
(Ofcom Mobile Checker – June 2026) Holding deposit Prospective applicants will be required to pay a Holding Deposit to Fenn Wright, equivalent to a maximum of 1 week's rent.
Once the holding deposit has been received, Fenn Wright will suspend marketing of the rental property for a period of 15 calendar days subject to referencing commencing promptly.
Upon successful references being completed, acceptable and the tenancy being confirmed by Fenn Wright, the holding deposit paid will then contribute towards he first month's rental payment.
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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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
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FAQ
About 7, Lacerta Court, 3, Londinium Road, Essex
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