1-bedroom flat · CM20 3PN
For saleListed 57 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** kings group are delighted to offer this spacious, second floor, one bedroom apartment being sold with tenants in situ, in parsonage leys, harlow, CM20 ** Nestled in the desirable area of Parsonage Leys, Harlow, this charming one-bedroom flat on the second floor presents an excellent opportunity for investors.
Being sold with tenants in situ, the property generates a rental income of £1,075 per calendar month, offering an attractive yield of approximately 9%.
Upon entering, you will find a spacious lounge that provides a welcoming atmosphere, perfect for relaxation or entertaining guests.
The flat features a well-appointed fitted kitchen, ideal for those who enjoy cooking, alongside a family bathroom equipped with a three-piece suite for your convenience.
The large double bedroom boasts built-in storage, ensuring that space is maximised and clutter is kept to a minimum.
Externally, the property benefits from ample street parking and designated parking bays, making it easy for residents and visitors alike.
The sought-after CM20 location is a significant advantage, as it is conveniently situated near local shops, essential amenities, reputable schools, and excellent transport links, ensuring that everything you need is within easy reach.
This flat is not only a comfortable living space but also a sound investment in a thriving community.
Whether you are looking to expand your property portfolio or purchase a ready set up investment property this flat is certainly worth considering.
To avoid disappointment call us today to arrange your viewing.
Property Information Tenure - Leasehold Construction Type - Brick Built Flood Risk - Rivers and Seas - Very Low - Surface Water - Very Low Council Tax Band - B EPC Rating - C Lease Remaining - 87 Years Service Charge - £952.92 pa Ground Rent - £10 pa Entrance Hallway (2.74m x 1.57m (9'76 x 5'02)) Single radiator, tiled flooring, power points.
Lounge (4.78m x 3.05m (15'08 x 10'93)) Double glazed window to the front aspect, coved and textured ceiling, single radiator, laminate flooring, TV aerial point, phone point, power points.
Kitchen (3.05m x 1.83m (10'93 x 6'16)) Double glazed window to the rear aspect, tiled flooring, tiled splash backs, a range of wall and base units with roll top worksurfaces, integrated cooker, electric oven and induction hob, hood extractor fan, double drainer unit, plumbing for washing machine, space for fridge freezer, coved ceiling, power points Bedroom (4.27m x 2.44m (14'36 x 8'77)) Double glazed window to the side aspect, single radiator, laminate flooring, built in storage cupboard, power points Family Bathroom (3.05m x 1.52m (10'70 x 5'13)) Double glazed window to the rear aspect, coved ceiling, heated towel rail, tiled flooring, panel enclosed bath with mixer taps and shower over bath, wash basin with mixer taps with vanity unit underneath, low level W.C, extractor fan.
External Ample street parking and parking bays
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 advisors 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 194, Parsonage Leys, Harlow
Explore nearby