2-bedroom house · RM7 9AJ
Listing removedReduced £50 (−2.6%) on 21 JulListed 109 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
• two / three bedrooms • semi-detached house • two receptions • ground floor bathroom • garden • residents parking • unfurnished • available 11th August Lounge (12' 9" x 11' 8") Laminate flooring, double glazed window to front, freshly painted and one radiator.
Dining Room (12' 9" x 8' 1") Freshly painted, double glazed window to rear and one radiator. Kitchen (11' 0" x 6' 10") Fitted kitchen with wall and base units.
Bedroom 1 (11' 8" x 10' 1") Newly laid carpets, freshly painted, built in wardrobes, double glazed window to front and one radiator.
Bedroom 2 (11' 9" x 8' 2") Newly laid carpets, freshly painted, double glazed window to rear, one radiator and door leading to bedroom 3 / dressing room.
Bedroom 3 / Dressing Room (11' 8" x 6' 11") Newly laid carpets, freshly painted, double glazed window to rear and one radiator.
Bathroom (6' 9" x 7' 0") Ground floor bathroom with bath with mixer taps, pedestal wash hand basin, shower cubicle and separate WC.
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
Short-let restrictions apply
We're still gathering serviced-accommodation data for this area.
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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 3, Honiton Road, Essex
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