1-bedroom flat · CM3 5WF
Sold STCListed 235 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with no onward chain. First floor one bedroom apartment conveniently situated just a stones throw from the town center.
This property features PVCu double glazing, fitted kitchen, white shower room, electric storage heating, allocated car port parking plus communal gardens. Council tax band A. Leasehold.
Our vendor is in process of extending the lease to a term of 219 years.
Service charge £1,796 p.a Ground Rent will be nil Comunal Entrance Hall - Entered via glazed door leading into tiled communal entrance hall, stairs to first floor, door leading to communal gardens.
Entrance Hall - Entered via solid door into entrance hall, wall mounted storage heater, built in airing cupboard housing hot water cylinder, doors to bedroom, shower room and lounge.
Bedroom - 3.10m x 2.79m (10'2 x 9'2) - PVCu double glazed window to rear elevation, built in wardrobe.
Shower Room - White suite comprising enclosed shower cubicle with glazed screen, pedestal wash hand basin, low level w.c, half height tiling to walls, wall mounted heater.
Lounge - 4.98m x 2.90m (16'4 x 9'6) - PVCu double glazed window to rear elevation, wall mounted storage heater, archway to kitchen.
Kitchen - 2.18m x 1.83m (7'2 x 6') - PVCu double glazed window to rear elevation, fitted with a range of eye and base level units incorporating glass display units, laminate work surfaces with inset stainless steel single drainer sink unit, integrated electric oven, inset hob with extractor hood over, space for fridge freezer, plumbing for washing machine.
Car Port - Allocated covered car port, plus visitor car parking. Comunal Gardens - Enclosed communal gardens mainly laid to lawn.
Agents Notes - Agents Note & Money Laundering & Referrals AGENTS NOTE: These particulars do not constitute any part of an offer or contract. All measurements are approximate.
No responsibility is accepted as to the accuracy of these particulars or statements made by our staff concerning the above property.
We have not tested any apparatus or equipment therefore cannot verify that they are in good working order.
Any intending purchaser must satisfy themselves as to the correctness of such statements within these particulars. All negotiations to be conducted through Church and Hawes.
No enquiries have been made with the local authorities pertaining to planning permission or building regulations. Any buyer should seek verification from their legal representative or surveyor.
MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation and we would ask for your co-operation in order that there is no delay in agreeing a sale REFERRALS: As an integral part of the community and over many years, we have got to know the best professionals for the job.
If we recommend one to you, it will be in good faith that they will make the process as smooth as can be.
Please be aware that a some of the parties that we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
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 Benbow Drive, South Woodham Ferrers, Chelmsford
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