2-bedroom bungalow · CM7 3YP
Sold STCListed 256 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain and situated on a corner plot is this semi-detached bungalow offering two bedrooms, lounge and conservatory, garage and off road parking.
Over 55's Upon entering you have a hallway with a storage cupboards and doors giving access to the kitchen which has a window to the front aspect, range of wall and base units, sink inset to worksurface and a pantry cupboard, space for appliances.
The lounge has a gas fire, French doors with windows either side opening out to the conservatory which is timber framed and glazed to three aspects with French doors opening out to the rear garden.
Accessed from the lounge is an inner hall which gives access to the two bedrooms and shower room. Bedroom one has a window to the front aspect.
Bedroom two has a window to the rear aspect whilst the shower room has an obscure window to the side, shower cubicle, wash hand basin and a W.C.
Outside The rear garden is low maintenance is hard landscaped with a small flower bed, there is a wooden shed to remain.
The property has a driveway to the side giving access to the detached garage with an electric roller door.
The property is set on a corner plot and the front and side gardens are laid to lawn and maintained by the onsite gardener.
Location The property is situated in the town of Braintree and just a short walk from local amenities. For the commuter the mainline railway station has a frequent service to London Liverpool Street.
The market town of Braintree has a variety of shops serving day-to-day needs with two shopping centres and Tesco supermarket.
Also the nearby A120, which has recently been widened now gives easy access to Stansted Airport and M11. Directions Please use the postcode CM7 3YP for SatNav.
Important Information Council Tax Band - C Services - We understand that mains water, drainage, gas and electricity are connected to the property.
Tenure - Leasehold Lease details - Subject to confirmation from the management company and these charges are for the current year and maybe subject to change.
Ground rent & service charge - £2,400 per annum Lease length - We understand that the lease will renew to 99 years once a new owner takes ownership.
EPC rating - tbc Ref - WIT250211/GH Agents note Pursuant to Section 21 of The Estate Agents Act 1979, please be aware that the executor of this property is related to a member of Fenn Wright Staff.
Value & comps
No previous sales on record.
Returns
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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 Lea Close, Braintree, Essex, CM7
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