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See how verdicts work1-bedroom flat · CM15 9ED
For saleReduced £10k (−4%) on 21 JunListed 266 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**Guide Price £250,000 - £260,000** Offered chain free, this well-proportioned first-floor apartment provides thoughtfully arranged accommodation, making it an ideal purchase for first-time buyers, investors, or professionals.
The property is held on a 900-years long lease, offering long-term security with affordable service charges, and further benefits from allocated parking for 2 cars.
The property also benefits from a strong rental potential of approximately £1,100 per calendar month and conveniently located close to Brentwood High Street, local schools, and excellent transport links.
The apartment is accessed via a central landing, creating a practical and efficient flow to all rooms.
The bright and spacious lounge is well proportioned, comfortably accommodating both living and dining furniture.
Adjacent is a separate fitted kitchen, neatly arranged with a range of units and complemented by useful built-in storage cupboards, enhancing everyday practicality.
The double bedroom is generously sized, and the bathroom is fitted with a white three-piece suite. Additional storage cupboards off the landing further improve functionality and convenience.
With its efficient layout, clearly defined living spaces, and low-maintenance appeal, this apartment represents a well-balanced and comfortable home in a highly convenient location.
Landing Lounge (3.99m x 3.15m (13'1 x 10'4)) Kitchen (3.05m x 2.34m (10'0 x 7'8)) Bedroom (3.20m x 3.18m (10'6 x 10'5)) Bathroom (2.34m x 1.88m (7'8 x 6'2)) Agents Note As part of the service we offer we may recommend ancillary services to you which we believe may help you with your property transaction.
We wish to make you aware, that should you decide to use these services we will receive a referral fee. For full and detailed information please visit 'terms and conditions' on our website
Value & comps
No previous sales on record.
See the independent valuation, upside vs guide, and per-strategy max bid for this lot. Sign in to see it.
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 starting price
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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 31 Melford Place, Ongar Road, Brentwood
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