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See how verdicts work2-bedroom flat · CO12 3RF
For saleReduced £10k (−4.3%) on 20 JunListed 1162 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Panoramic sea views and no onward chain - A rare opportunity to purchase this two bedroom first floor apartment which enjoys panoramic sea views.
The property is situated over two floors and offers large open plan accommodation with seafront facing balcony.
This apatment is also conveniently situated for the town centre shops and train station with links to London Liverpool Street. Properties in this development are rarely available.
Entrance To The Property Can Be Found On The: First Floor: With door opening into the: Entrance Hallway: Large built-in storage cupboard, doors lead off to both bedrooms and bathroom, spiral staircase leads to the second floor.
Bedroom 1: (4.8m x 2.41m (15' 9" x 7' 11")) Double glazed window to front enjoying an un-overlooked sea view. Panel heater, built-in wardrobe.
Bedroom 2: (4.2m x 2.41m (13' 9" x 7' 11")) Double glazed window to front enjoying an un-overlooked sea view. Mirror fronted wardrobe, panel heater.
Bathroom: Panelled bath with mixer tap and shower attachment, vanity wash basin, low level WC, heated towel rail, plumbing and space for washing machine and space for tumble dryer (both of which are to remain).
Tiled floor and tiled walls. Second Floor: Open Plan Lounge/Diner/Kitchen: (7.77m x 4.98m (25' 6" x 16' 4")) A stunning open plan room enjoying panoramic sea views.
Laminate style floor, electric fire, electric panel heater, Economy 7 storage heater. Double glazed patio sliding doors open onto a seafront facing balcony.
Access to: Kitchen: Single drainer sink with cupboards and drawers underneath.
Work surfaces arranged a u-shaped configuration having a comprehensive range of cupboards and drawers under, built-in oven and hob, space for dishwasher, fridge freezer to remain, matching range of wall cabinets incorporating extractor fan, tiling to walls and floor.
Double glazed window to rear having an elevated rooftop view. Balcony: As previously mentioned the apartment enjoys a balcony offering panoramic sea views.
Shower Room: Corner shower unit housing Triton power shower, pedestal wash basin, tiling to walls and floor. Built-in cupboard.
Outside: To the rear of the property there are communal gardens with drying area. There is also access to a rear covered parking area. The apartment has one space allocated.
To the front of the building there are further communal gardens and further parking. Once again, the apartment has one allocated space to the front.
Agents Disclaimer: The details shown below have been provided by the vendors and any purchaser is advised to liaise with their solicitor for confirmation of these charges/information.
Lease Details: Leasehold With Share Of Freehold: 999 years from 1972. Service charges are £1500 per annum. Each flat owns a 1/18th share of the freehold, therefore no ground rent is payable.
No pets are permitted. Agents Note: The heating system and the appliances to remain have not been tested by the agent.
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
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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.
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FAQ
About 24, The Gables, Harwich
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