2-bedroom flat · CO12 3FS
Listing removedListed 74 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A two bedroom upper ground floor apartment with lounge, kitchenette, two double bedrooms, bathroom and allocated parking space. Available September, unfurnished. EPC - C.
Entrance Door Leading To Entrance Hall. Entrance Hall Security entry phone system, central heating thermostat. Door to living room/kitchen.
Living Room/Kitchen (5.54m x 4.42m (18' 2" x 14' 6")) Kitchen Area: Comprehensively fitted with a range of matching units comprising one and half bowl sink unit with mixer tap over set in work surface with cupboards and drawers below.
Range of wall mounted cupboards. Four ring electric hob, electric oven, stainless steel extractor fan. Space for washer dryer, space for dish washer, space for fridge freezer. Boiler cupboard.
Living Room: TV point, radiator, double glazed window to front. Bedroom 1 (4.3m x 2.64m (14' 1" x 8' 8")) Central heating thermostat. Window to front.
Bedroom 2 (3.4m x 3.25m (11' 2" x 10' 8")) Central heating thermostat. TV point. Window to front.
Bathroom White suite comprising of panelled bath with mixer tap and shower attachment, hand basin and low level WC. Chrome style heated towel rail. Complimentary tiling to walls. Extractor fan.
Outside The property benefits from an allocated parking space. Agents Note: The photographs shown are from when the apartment was marketed for sale in 2020. The property is now unfurnished.
Monies in advance: 1 month’s rent of £950.00 and deposit of £1096.00. Services: All services to be transferred into the ingoing tenant’s name, including council tax and water rates.
Please Note: Certain restrictions have been placed on the rental of the property.
The Data Protection Act 1998 Please note that all personal information provided by customers wishing to receive information and/or services from the estate agent will be processed by the estate agent, the team Association Consortium Company of which it is a member and team Association Limited for the purpose of providing services associated with the business of an estate agent and for the additional purposes set out in the privacy policy (copies available on request) but specifically excluding mailings or promotions by a third party.
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Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
Agent & docs
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FAQ
About Flat 18, Old Custom House,, Main Road, Essex
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