1-bedroom flat · CO9 1FD
Listing removedListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the highly sought-after Riverside Court development in the heart of Halstead, this beautifully presented ground-floor retirement apartment offers a peaceful and welcoming living space with excellent accessibility.
Uniquely positioned on the popular and much-requested ground floor, the property benefits from double doors leading directly out to the small residents' car park.
This provides exceptionally convenient access without the need to go through communal corridors and also offers a pleasant outdoor space to sit and enjoy plenty of fresh air.
The property is in excellent condition throughout and has been thoughtfully designed for comfort and convenience.
It features an entrance hall, a spacious lounge/diner with direct outdoor access, a well-appointed kitchen, a modern and stylish shower room, and a generously sized bedroom with fitted wardrobes and ample storage space.
The apartment also benefits from newly installed electric heaters and a brand-new water tank, ensuring efficiency and warmth throughout the year.
The kitchen is fully equipped with an oven, hob, and hood making it ready to move into with ease. The lounge also features an electric fire, adding a cosy touch to the space.
With a 100-year lease in place, the apartment benefits from a ground rent of £830 per year, which is fixed at this rate for the next 23 years, offering long-term stability.
The service charge is £3,119.50 per year, equating to £59.99 per week, and includes key services such as buildings insurance and water rates.
Riverside Court is renowned for its strong sense of community, making it an ideal choice for those looking to enjoy a sociable and secure retirement lifestyle.
Residents have access to a welcoming communal lounge, perfect for socialising, as well as beautifully maintained gardens, a laundry room, and a guest suite that can be hired for just £25 per night—ideal for visiting friends and family.
This well-positioned apartment is conveniently located in the centre of Halstead, offering easy access to local shops, cafés, and essential amenities, all while being surrounded by picturesque scenery.
Combining comfort, convenience, and a fantastic community atmosphere, this home provides an exceptional opportunity for those looking for a relaxed and enjoyable retirement in a truly wonderful setting.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Rosemary Lane, Halstead, Essex
Explore nearby