1-bedroom flat · CM8 2FS
For saleListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A bright one-bedroom apartment in the heart of Witham, with allocated parking and the railway station within walking distance.
Set within Iceni House, just off Newland Street, the apartment extends to approximately 465 sq ft and has a particularly generous 22ft open-plan kitchen/living room, double bedroom and bathroom.
An allocated parking space within the fob-controlled car park is a real benefit in this location, while shops, cafés, supermarkets and the town's other amenities are all close at hand.
For those considering a buy-to-let investment, we anticipate a rental value in the region of £950 pcm, representing a potential gross yield of approximately 8.1% based on the asking price.
Some More Information Entering into the hallway, doors lead through to the bedroom, bathroom and main living accommodation.
At over 22ft in length, the open-plan kitchen/living room gives the flat a good sense of space, helped by three windows bringing plenty of natural light into the room.
A shaker-style kitchen wraps around one corner, providing a good amount of cupboard and worktop space alongside an integrated electric oven, hob and extractor.
Along the hall is a double bedroom measuring approximately 11'1" x 8'11", with enough room for a double bed and additional bedroom furniture.
Completing the accommodation, the bathroom has a white three-piece suite with a shower over the bath and tiled surrounds. Gas radiator heating and double-glazed windows feature throughout.
Externally Positioned just off Newland Street, Iceni House has a communal entrance serving the apartments within the building.
The Apartment comes with an allocated parking space to the front, with vehicle access controlled by a fob-operated barrier.
Having your own parking space is a particularly useful addition given the central position of the property.
Location Iceni House sits in the centre of Witham, putting Newland Street and its range of shops, cafés, restaurants and everyday amenities within a short walk.
Witham railway station is also within walking distance, offering direct services to Chelmsford and London Liverpool Street to the south, and Colchester and Ipswich to the north.
By road, the A12 is easily accessible, providing connections towards Chelmsford and London as well as Colchester and the wider Essex and Suffolk areas.
Braintree and Maldon can also be reached via the surrounding road network.
For someone wanting to live centrally without necessarily relying on a car for the daily commute, the position is one of the strongest aspects of the apartment.
Entrance Hall Kitchen/Living Area (6.76m x 3.66m (22'2 x 12)) Bedroom (2.72m x 3.38m (8'11 x 11'1)) Bathroom Services Council Tax Band - A Local Authority - Braintree District Council Tenure - Leasehold - 113 years remaining Ground Rent - £603.75 per annum Service Charge - £867.13 per annum EPC - B *Ultrafast broadband available in the area via Openreach with speeds up to 1000mbps *Mobile coverage for the area is available from all four major networks.
(Details obtained from Ofcom - August 2026).
*Flood risk in the property location is considered a very low risk from surface water and rivers and sea, along with unlikely flooding from Groundwater and Reservoirs.
(Details obtained from flood risk area August 2026). Construction Type - The property does not have step free access from the street to inside the property.
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 7 Iceni House, Newland Street, Witham
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