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See how verdicts work2-bedroom flat · RM16 6LU
Sold STCListed 260 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
--GUIDE PRICE--£220,000-£230,000--Offered for sale with no onward chain is this spacious and well presented first floor apartment.
Benefits include a lounge / dining room, fitted kitchen, bathroom, double glazing, allocated parking. Located close to Chafford train station and local schools.
Entrance Hall ; Approached via door from communal hallway. Fitted airing cupboard and further fitted storage cupboard. Entry phone system. Laminated flooring. Radiator.
Bedroom 1 ; 13'8 >12'2 x 9'9 Double glazed window to front. Fitted wardrobes. Radiator. Bedroom 2 ; 9'8 >7'7 x 7'4 Double glazed window to rear. Fitted wardrobes. Radiator.
Bathroom ; Opaque double glazed window to rear. Panelled bath with shower attachment. Wash hand basin. Low level w.c. Part tiled walls. Tiled floor. Extractor fan. Spot lights.
Lounge ; 13'7 x 11'7 Double glazed window to front. Laminated flooring. Coved ceiling. Radiator. Fitted Kitchen ; 9'6 x 7'3 Double glazed window to rear.
Range of fitted units with sink unit and drainer. Oven hob and extractor fan. Fridge / freezer and washing machine. Spot lights. Tiled floor. Part tiled walls. Concealed boiler.
Allocated Parking ; To rear with further visitor parking bays. Communal Gardens ; To rear.
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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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 SAN MARCOS DRIVE, Chafford Hundred, Grays
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