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See how verdicts workStudio flat · CM3 5WQ
Listing removedListed 120 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
IDEAL BUY TO LET: Castle Estate Agents are pleased to offer FOR SALE this well presented GROUND FLOOR STUDIO FLAT set in this IDEAL POSITION in SOUTH WOODHAM FERRERS and within easy walking distance to STATION, shops, eateries, nightlife & bus routes.
This property has many benefits including being LARGE OPEN PLAN LIVING SPACE, SEPARATE KITCHEN, shower room, entry phone system, ALLOCATED PARKING, VERY LONG LEASE, great investment opportunity with tenant in a situ paying 695 pcm: CALL NOW AND BE THE FIRST TO VIEW.
Front aspect Communal gardens and pathway leading to communal doors with entry phone system leading to all floors and own hardwood front door to: Hallway Doors to all rooms, laminated wood flooring, entry phone system.
Lounge/Bedroom (13' by 8' (3m 96cm by 2m 44cm), ()) Dual aspect double glazed windows to the front and rear aspect with fitted blinds, laminated wood flooring, tv and power points, radiator, spot lights, door to: Kitchen (12' 6" by 5' 6" (3m 81cm by 1m 68cm), ()) White eye level and base level units, roll top work surfaces, stainless steel single drainer with mixer taps, electric cooker, spot lights, power points, tiled splash backs and laminated wood flooring, space for fridge and washing machine, double glazed window to the rear aspect.
Shower room Extractor fan, tiled splashbacks and flooring, 3 piece White suite comprising of a low level toilet, hand wash basin in vanity unit with mixer taps, shower cubicle with wall mounted mains shower over and heated towel rail.
Agents notes Service charges equate to 155 per month. Peppercorn ground rent. Lease 953 years
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
Agent & docs

FAQ
About Spencer Court, South Woodham Ferrers, South Woodham Ferrers,
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