2-bedroom terraced house · CO12 4PA
Listing removedListed 814 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Investors only - tenant in situ A two bedroom mid terrace house The property offers a lounge/diner and kitchen to the ground floor with two double bedrooms and a bathroom upstairs.
Outside there is a sunny aspect courtyard style garden.
Entrance To The Property Is Made Via Entrance Door Leading To: Entrance Hall: With stairs leading to first floor and door to: Lounge/Diner: (7.32m x 3.28m (24' 0" x 10' 9")) Double glazed windows to front and rear, two radiators, fireplace surround, understairs storage cupboard.
Door to: Kitchen: (2.44m x 2.03m (8' 0" x 6' 8")) Single drainer sink with cupboard under.
Work surfaces arranged in an L-shaped configuration having cupboards and drawers underneath, washing machine and cooker to remain (not tested by the agent), space for fridge freezer, range of wall cabinets, wall mounted gas boiler (not tested by the agent), part tiling to walls, chimney hood.
Double glazed windows to rear and side with double glazed door opening onto the garden. Landing: Access to loft space, dado rail. Doors lead off to all rooms.
Bedroom 1: (4.45m x 3.66m (14' 7" x 12' 0")) Two double glazed windows to front, radiator.
Bedroom 2: (3.66m x 2.77m (12' 0" x 9' 1")) Double glazed window to rear, chimney breast with inset Victorian style fireplace, radiator.
Bathroom: (2.44m x 2.03m (8' 0" x 6' 8")) Bath with mixer tap and shower attachment, low level WC, pedestal wash basin, radiator, tiling to walls. Double glazed window to rear.
Outside: To the rear of the property there is a concrete patio’ d courtyard garden with brick built outhouse (which does need attention). Gate to rear.
Parking: The parking for this property is on road.
Agents Notes: There is a tenant currently living in the property paying £800 per calendar month who would be prepared to remain, therefore this would make an ideal buy to let rental portfolio property.
The heating system has not been tested by the agent.
Preliminary Sales Details Awaiting Verification By Vendor Third Party Commissions; Harwich Village Homes can offer services that maybe of interest to you.
These services are not compulsory and you and the buyer have a right to decline these services.
Harwich Village Homes will receive a referral fee from these providers (at no cost to you) which we will retain, subject to the seller and/or buyer appointing said provider for their services.
Referral fees will be paid upon completion of the service provided to the seller and/or buyer by the supplier.
Surveyors: If we are asked to recommend a surveyor, we will recommend Better Prepared Surveyors or Julien Lawrence Surveying.
You are not obliged to secure the services of these surveyors and are free to appoint a surveyor of your own choice.
Should Better Prepared Surveyors or Julien Lawrence Surveying be instructed from a recommendation from Harwich Village Homes then Harwich Village Homes will receive a third-party commission of up to £50.
Value & comps
No previous sales on record.
Returns
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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 48, Garland Road, Essex
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