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See how verdicts work2-bedroom flat · CM77 7AE
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Boasting TWO DOUBLE BEDROOMS and an IMPRESSIVE-SIZED 19FT OPEN PLAN LOUNGE with JULIET BALCONY, dining area and REFITTED KITCHEN, is this very spacious first floor apartment, located in the heart of Great Notley.
Additionally the property offers a large bathroom, STUDY/DRESSING AREA*, entrance hallway and ALLOCATED PARKING to the rear of the property.
Also boasting an EXTENDED 855 LEASE and for sale with NO ONWARD CHAIN! Perfectly located for local schooling, the A120 and shops/amenities right on your doorstep.
Contact Hamilton Piers of Great Notley to view!
***GUIDE PRICE £210,000-£220,000*** The accommodation, with approximate room sizes, is as follows: Communal Entry: - Stairs to first floor: Entrance Hall: - Entrance door, radiator, large storage cupboard which offers potential as a study or dressing area, doors to; Open Plan Living Space: - A spacious area comprising of: Lounge & Dining Area: - Spacious lounge and dining area with Juliet balcony to front aspect, windows to side aspect.
Opens to: Kitchen Area: - Recently refitted modern kitchen, offering matching wall & base high gloss, roll edged worktops, breakfast bar, space for fridge/ freezer, double oven with four ring electric hob, integral washing machine & slimline dishwasher, wall mounted boiler, tiled splashbacks.
Bedroom One: - 3.94m x 3.05m (12'11 x 10'0) - Double glazed window to side, radiator. Bedroom Two: - 2.90m x 2.72m (9'6" x 8'11 ) - Double glazed window to rear, radiator.
Bathroom: - Shower over bath, WC, hand wash basin, radiator, obscure double glazed window to side. Exterior: - Allocated Parking: - One allocated parking space to rear.
Agents Notes: - There is approx 855 years remaining on the current Lease. Approximate ground rent & service charge of £1,400 bi annually.
Value & comps
No previous sales on record.
Returns
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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.
Area
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FAQ
About Priory Lane, Great Notley, Braintree
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