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See how verdicts work1-bedroom house · CM12 0QH
Sold STCListed 177 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**ONE BEDROOM FIRST FLOOR RETIREMENT APARTMENT** Churchill Sales & Lettings are delighted to be marketing this lovely one bedroom first floor apartment.
The property provides views over the communal gardens and is offered with no onward chain.
The Living room offers ample space for living and dining room furniture and benefits from a feature electric fire.
A large window provides lots of natural light as well as lovely views over the communal garden.
The Kitchen is accessed via the Living room and offers a range of eye and base level units with working surfaces over and tiled splashbacks.
There is a built in oven, 4 ring electric hob with extractor hood over, a washing machine and space for a fridge and a freezer. A window provides light and ventilation.
The Bedroom is a generous double room with a built in wardrobe and ample fitted furniture.
There is plenty of space for additional bedroom furniture if required and a window keeps this lovely room bright and airy.
The Shower room offers a shower with handrail, a WC and wash hand basin and a storage cabinet. Perfectly complimenting this wonderful apartment is a useful storage cupboard located in the hallway.
This apartment simply must be viewed!
Park Lodge is a purpose built retirement lodge that consists of 79 Studio, one and two bedroom apartments well situated close to local shops and within two miles of Billericay town centre.
Billericay is a town in the Borough of Basildon, within a 25 mile proximity of East London. The town has an array of local shops and the Lakeside shopping centre is only a half an hour drive away.
The area has a couple of local nature reserves if you want to take in some fresh air. The Lodge Manager is on hand throughout the day to support the owners and keep the development in perfect shape.
There is a Social Committee who arrange Quiz nights and film nights plus other events. Two Guest Suites are available for your friends and family to stay in.
In addition, you are entitled to use of the Guest Suites at all Churchill Living developments across the country. Prices are available from the Lodge Manager.
Park Lodge is managed by the award winning Churchill Estates Management, working closely with Churchill Living and Churchill Sales & Lettings to maintain the highest standards of maintenance and service for every lodge and owner.
Park Lodge requires at least one apartment resident to be over the age of 55. Service Charge (Year Ending 31st March 2027): £2,679.72 per annum.
Ground Rent payable to Genesis Council Tax: Band C 99 year Lease commencing 1983 Please check regarding Pets with Churchill Estates Management.
Any consents given in relation to pets are subject to the terms of the lease and any further rules and regulations made by Churchill Estates Management.
Service charges include: Careline system, buildings insurance, communal water and sewerage rates, communal cleaning, utilities, general maintenance and lift maintenance, hairdressing salon and Lodge Manager.
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.
Area
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FAQ
About Park Lodge, Billericay, Essex
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