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See how verdicts work2-bedroom flat · CM8 3GJ
Sold STCListed 185 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**40% Shared Ownership** Available for a sale on a shared ownership basis is this brand new two bedroom top floor apartment.
Available for a 40% minimum share is this brand new two bedroom top floor apartment located within the popular village of Silver End and within a short drive of Witham's mainline railway station.
In brief, accommodation comprises entrance door leading to the entrance hall with double glazed window and doors to all accommodation including two storage cupboards.
The open plan living is a light and airy space with window in the kitchen area and French doors to a Juliet balcony in the living area.
The kitchen is fitted with a built-in oven, hob with extractor above and a fridge freezer.
Both bedrooms have double glazed windows and built in wardrobes whilst the bathroom features a panel enclosed bath with shower over, W.C and a wash hand basin.
**Criteria checks will need to be undertaken for interested applicants** Please email or call to progress your registration.
Please note that the property is offered for sale for a 40% minimum share (£94,000) monthly rent is £323.13. There is also an estimated monthly service charge fee of £60.
Location Silver End is ideally located for access to both Witham and Braintree town centres and is also convenient for the A12, which leads to Chelmsford City, M25 and London to the South and to the North, Colchester and East Anglia.
Situated approximately 12 miles North of Chelmsford and 16 miles south of Colchester within commutable distance to the city being approximately 4 miles from the A12 and within 3 miles of a mainline station located in the attractive market town of Witham.
Witham has a busy High Street complemented by a choice of supermarkets, as well as a choice of schools and the recreational facilities offered at the Bramston Sports Centre.
The town's railway station serves London's Liverpool Street Station, the journey taking some 45 minutes.
In addition the town is by-passed by the A12 trunk road, providing access to the excellent Grammar and other schools in Colchester and Chelmsford.
To the West there is access to the A120 trunk road which is dualled west of Braintree, significantly reducing the travel time to Stansted Airport and the M11 motorway.
Directions Please use the postcode CM8 3GJ for SatNav.
Important Information Council Tax Band - tbc 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.
Monthly service charge £60 (estimated) EPC rating - tbc Ref - WIT260140/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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All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
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
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FAQ
About Plot 248 Foxgloves At Meadow View, 45, Radley Avenue, Witham
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