3-bedroom flat · CO5 8PN
Sold STCListed 118 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
The apartment is accessed via the reception area, with space or cloaks and boot storage and staircase to first floor where the hallway offers a window to side aspect and allow's access to all rooms.
The open plan kitchen-diner-lounge has two sash windows to front aspect providing sea view's.The kitchen area offers a range of wall and base units providing excellent storage and a breakfast bar, electric oven, gas hob with extractor above, fridge freezer and washing machine and is open plan to the lounge / dining area with a cream stone fireplace with gas feature fire and stone hearth and space for dining table and sofa and chairs.
The spacious (20'7" x 11'11") principal bedroom has a boxed bay window to rear aspect and benefits from an en-suite incorporating shower, pedestal hand wash basin, wall mounted heated towel rail, part-tiled walls, tiled flooring, and recessed lighting.The second bedroom is also a double with window to front aspect, the third bedroom has a window to side aspect, The family bathroom has a part tiled walls, large bath tub with shower attachment, pedestal hand wash basin, low level WC, wall mounted heated towel rail, tiled flooring and recessed lighting.
The combination boiler has been installed within the last twelve months. Externally the property benefits from the grounds being maintained by the local management company. There is a communal garden.
Each property has its own carport, there is also the added benefit of a large communal storage shed. For an internal inspection please call Oakheart Mersea.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 Phoenix Close, 7, Church Road, West Mersea
Explore nearby