1-bedroom flat · CO9 2DT
Sold STCListed 113 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
NO ONWARD CHAIN This generously sized one-bedroom first-floor apartment is just moments from the bustling high street.
Ideal for both investment and first-time buyer opportunities, this property boasts low annual service charges of approximately £970 and a healthy lease length of 108 years.
Upon entering, you are greeted by a spacious entrance hall with a storage cupboard/dressing area to the left and a spacious bathroom to the right.
As you walk further down the hall, you will find a large double bedroom with ample space for wardrobes and bedroom furniture. Leading into the main living area, there is a spacious lounge diner.
At the end of the lounge, there is a well-equipped kitchen space. The apartment block itself offers plenty of amenities, including a large communal garden.
Parking is available subject to agreement with the freeholder on a separate rental basis, approximately £11 per month.
The current owner holds a rental agreement for a parking space and will speak with the freeholder about this being transferred to a prospective purchaser.
With low service charges and a healthy lease, this property serves as a perfect stepping stone onto the property ladder or a lucrative investment.
Located 7 miles north of Braintree, Halstead is a charming traditional market town renowned for its abundance of shops, restaurants, cafes, and scenic walking routes.
With a population exceeding 11,000, Halstead has experienced steady growth and boasts top-quality schools and local healthcare facilities, including a hospital and medical center.
Don't miss this opportunity to own a charming apartment that offers comfort, convenience, and great value. Contact us today to arrange a viewing!
Sales Disclaimer These particulars are believed to be correct and have been verified by or on behalf of the Vendor.
However any interested party will satisfy themselves as to their accuracy and as to any other matter regarding the Property or its location or proximity to other features or facilities which is of specific importance to them.
Distances and areas are only approximate and unless otherwise stated fixtures contents and fittings are not included in the sale.
Prospective purchasers are always advised to commission a full inspection and structural survey of the Property before deciding to proceed with a purchase.
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 Elizabeth Way, Halstead, Essex
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