2-bedroom flat · CM3 5NF
Listing removedListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
OPEN HOUSE SATURDAY 8TH AUGUST BETWEEN 12.30 AND 1PM BY APPOINTMENT ONLY: WALK TO THE STATION: Castle Estate Agents are pleased to offer FOR LET this delightful TWO DOUBLE BEDROOM first floor maisonette which had a modern and stylish refurbishment six years ago providing open plan living with LARGE LOUNGE/DINER, MODERN KITCHEN and BATHROOM, LAMINATED WOOD FLOORING and DOUBLE GLAZING, EXCELLENT LOCATION, Long term let preferred.
KEYS IN OFFICE.
AFFORDABILTY CRITERIA OF 36,000 IN EARNINGS BENEFIT APPLICANTS MAY BE CONSIDERED WITH WORKING HOMEOWNER GURANTOR OF EARNINGS OF 43,200 NO ADVERSE CREDIT NO SMOKERS Front aspect Front is mainly laid lawn, walk way, access to shed outside light and hardwood front door to inner hallway with stars to first floor.
Landing Doors to all rooms. Lounge/Diner (22' 6" by 14' 7" (6m 86cm by 4m 44cm), ()) Smooth ceiling, hardwood flooring, two vertical Italian style radiators, tv point, power points, storage cupboard.
Kitchen (12' by 8' 8" (3m 66cm by 2m 64cm), ()) 2 x Double glazed windows to rear aspect, eye level and base level units, boxed edge work surfaces, 1 1/4 stainless steel sink and single drainer with mixer taps, matching splash backs, ceramic hob with over extractor fan and under oven, spaces for washing machine, fridge/freezer and dishwasher, laminated wood flooring.
Bedroom 1 (14' 9" by 10' 1" (4m 50cm by 3m 7cm), ()) Laminate wood flooring, double glazed window to rear aspect, Italian Style radiator, power points.
Bedroom Two (10' 2" by 8' 8" (3m 10cm by 2m 64cm), ()) Laminate wood flooring, double glazed window to rear aspect, Italian Style radiator, power points.
Bathroom Fully tiled bathroom with 3 piece White suite compring of a panel enclosed bath with mixer taps, shower screen with electric shower over, hand was basin in vanity unit with mixer taps, low level flush WC, airing cupboard, new frosted double glazed window to rear aspect.
Comunnal garden to front Mainly laid to lawn, mature plants.
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
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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 Guys Farm Road, South Woodham Ferrers, South Woodham Ferrers, Chelmsford.
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