2-bedroom flat · SS6 8YN
Sold STCListed 192 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Cowling & Payne are delighted to bring to the market this two-bedroom ground floor maisonette, ideally situated within the popular Milton Close, Rayleigh.
The property offers two well-proportioned double bedrooms, a spacious reception room with ample space for both living and dining, a fitted kitchen, and a bathroom.
The layout is practical and well suited to a range of buyers, including first-time purchasers, downsizers, or investors.
A standout feature is the private rear garden, designed for low maintenance with an astro-turf lawn and paved patio area—perfect for relaxing or entertaining.
Further benefits include being offered chain free, a long lease of approximately 850 years remaining, and a nominal ground rent of just £1 per annum, with no service charge, making this an attractive and cost-effective purchase.
Milton Close is conveniently located within Rayleigh, a highly regarded town offering a vibrant high street with a wide range of shops, supermarkets, cafés, and restaurants.
The area also benefits from several nearby parks and green spaces.
For commuters, Rayleigh railway station provides direct services to London Liverpool Street (approximately 45–50 minutes) and Southend Victoria (around 20 minutes).
There are also excellent road links via the A127, along with regular bus services connecting to surrounding towns including Southend, Basildon, and Chelmsford.
Early viewing is highly recommended to appreciate the accommodation and location on offer. Porch - Lounge - Bedroom 1 - Bedroom 2 - Bathroom - Kitchen - Porch - Private Rear Garden -
Value & comps
No previous sales on record.
Returns
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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
Agent & docs
FAQ
About Milton Close, Rayleigh, Essex,
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