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See how verdicts work2-bedroom flat · SS11 7FU
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
SPACIOUS 2 BEDROOM FIRST FLOOR APARTMENT ON ST LUKES DEVELOPMENT. GARAGE & DRIVE. LARGE HALLWAY. 23'8 LIVING ROOM/KITCHEN. GAS RADIATOR HEATING. NHBC GUARANTEE. Situated on the sought after St.
Luke's Park development in the popular area of Runwell village within easy access of A130, A12, A127 and A13 is this two bedroom first floor apartment with accommodation including living room 23'8 x 12' incorporating kitchen area, 2 double bedrooms and bathroom.
The property's specification includes double glazed windows and gas fired radiator heating (untested) secure entry phone system, garage, allocated parking and additional visitors parking.
Local shops and school are nearby. Stairs for first floor. Entrance door to: Spacious Entrance Hall - Double glazed window to rear. Large built in cupboard.
Bedroom One - 3.96m x 3.35m (13' x 11') - Double glazed window to front. Radiator. Fitted wardrobe cupboard. Bedroom Two - 3.96m x 2.64m (13' x 8'8) - Double glazed window to front.
Utility Cupboard - Space for tumble dryer. Bathroom - Double glazed opaque window to rear. Suite comprising of low level WC, wash hand basin and panel enclosed bath unit with shower and screen.
Extensive tiled surround. Radiator/rail. Living Room - 7.21m x 3.66m (23'8 x 12') - Double glazed window to front. Radiator. Laminate finish to floor.
Open plan to: Kitchen Area - Double glazed window to rear.
Range of base and wall mounted units providing drawer and cupboard space with work top surface extending to incorporate inset sink unit with cupboard beneath. Tiled surround.
Built in oven and hob with extractor fan above. Space for dishwasher. Integrated fridge freezer and washing machine. Cupboard housing boiler.
Garage - Allocated Parking Space - Lease Information - WE UNDERSTAND THE PROPERTY BENEFITTED FROM A 999 YEAR LEASE AND WAS BUILT IN 2017.
WE HAVE BEEN INFORMED THE SERVICE CHARGE IS CURRENTLY £2,068.04 AND THE ESTATE CHARGE IS £388.06.
Disclaimer - PLEASE NOTE - any appliances, fixtures, fittings or heating systems have not been tested by the agent as we are not qualified to do so.
We have relied on information supplied by the seller to prepare these details. Interested applicants are advised to make their own enquiries about the functionality.
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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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 Bruton Link, Runwell, Wickford
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