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See how verdicts work3-bedroom flat · CM16 6SL
Sold STCListed 83 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
DESCRIPTION This first floor apartment forms part of an established development that stands in immaculate lawned grounds just to the north of the town centre.
This is a perfect position for those wanting to be a short walk from the cafes and shops of Epping High Street as well as the open grounds of Stonards Hill recreation grounds - literally a 50 metre stroll.
Offered with NO ONWARD CHAIN, the spacious accommodation is particularly light and bright and includes a 19' reception room, generous breakfast kitchen, updated bathroom as well as 3 bedrooms - the third presenting an excellent opportunity for a study or dining room if required.
GROUND FLOOR COMMUNAL ENTRANCE HALL Stairs to: FIRST FLOOR ENTRANCE HALL Built-in storage cupboard.
LIVING & DINING ROOM 19' 3" x 13' 11" (5.87m x 4.24m) BREAKFAST KITCHEN 13' 11" x 9' 8" (4.24m x 2.95m) Built-in cupboard concealing the gas warm-air and hot water boiler.
INNER HALL Built-in cupboard. BEDROOM 1 13' 11" x 11' 6" min (4.24m x 3.51m) Built-in double wardrobe. BEDROOM 2 12' 7" x 7' 8" (3.84m x 2.34m) Built-in double wardrobe.
BEDROOM 3 12' 2" x 6' 6" min (3.71m x 1.98m) BATHROOM & WC 9' 7" x 5' 8" (2.92m x 1.73m) EXTERIOR The buildings stand behind smartly-kept communal lawn areas and there is a further communal garden area.
Within the grounds, the property has a: SINGLE GARAGE 8' 9" x 18' 3" (2.67m x 5.56m) Up and over door.
TENURE & SERVICE CHARGE We understand the property to be long leasehold (Share of Freehold) and vacant possession is to be granted upon completion (subject to confirmation by the seller's solicitor).
The lease is understood to be 999 years commencing 7 March 2002 (974 years remaining).
A service charge of £750 per quarter is payable in respect of maintenance and services of the grounds and communal areas, window cleaning, buildings insurance and management of the development.
SERVICES All mains services are understood to be connected. No services or installations have been tested. BROADBAND It is understood that Fibre Optic Broadband is available in this area.
COUNCIL TAX Council Tax is payable to Epping Forest District Council. The property is shown in Council Tax band 'E'.
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.
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