2-bedroom flat · CO11 1LN
Listing removedReduced £10k (−9.1%) on 6 OctListed 203 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being offered chain free is this well presented, two bedroom first floor apartment.
This popular over 55's retirement complex has well tendered communal gardens, residents lounge, parking and emergency pull cord system if required.
The apartment is accessed via a communal entrance hall with stairs to the first floor. Upon entering the apartment, the hallway has a secure entry system, storage cupboard, and storage heater.
The lounge has a double-glazed bay window to the front aspect, storage heater and double doors to the kitchen.
The kitchen has a double-glazed window to the front and side aspect, a range of built in base and wall mounted units, rolled edge work surfaces, inset stainless steel sink, part tiled walls, built in electric oven and hob, space for further appliances.
Bedroom one has a double-glazed bay window to the rear aspect, built in wardrobe, airing cupboard and further wardrobe.
Bedroom two has a double-glazed window to the rear aspect, shelving and a storage heater.
The shower room has a double-glazed window to the rear aspect, low level WC, pedestal wash basin, tiled splashback, double walk in shower with wall mounted shower, glazed screen and pull down seat.
Externally Swan court enjoys well-kept communal gardens with clothes drying areas, a variety of mature shrubs and flowers.
There is a communal day room for residents to enjoy as well as a communal carpark. Location The property is located in Mistley which is a popular village on the outskirts of Manningtree.
There is a convenience store, village hall and several restaurants as well as a tea room and railway station.
Manningtree has a wider range of facilities including a Coop, Tesco Express, various public houses and restaurants, dentists and a doctors surgery.
Directions Please type CO11 1LN into your satnav and you will arrive at the property.
Important Information Council Tax Band - B Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold EPC rating - tbc Our ref - kp Lease remaining - 69 Years Service charge - £2200 per annum Ground rent - £242 Per annum
Value & comps
No previous sales on record.
Returns
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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 12, Swan Court, Manningtree
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