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See how verdicts work2-bedroom flat · CO13 9AJ
Listing removedListed 272 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located inside the prestigious 'Frinton Gates', this purpose built two bedroom, first floor flat is well presented and boasts a garage plus off-road parking for two cars.
The property will be sold with a new lease and no onward chain. Potential rental income of £950 pcm.
Accommodation comprises with approximate room sizes as follows: Entrance door to: Entrance Hall - Lounge/Diner - 5.05m x 3.71m (16'7 x 12'2) - Kitchen - 3.23m x 3.05m (10'7 x 10') - Bathroom - 1.73m x 1.70m (5'8 x 5'7) - Wc - 1.70m x 0.81m (5'7 x 2'8) - Bedoom One - 3.68m x 3.66m (12'1 x 12') - Bedroom Two - 3.23m x 3.15m (10'7 x 10'4) - Outside - Communal Gardens - Garage - Additional Info - Council Tax Band: C Heating: Gas central heating Services: Mains electricity, gas, water and drainage Broadband: Ultrafast fibre available Mobile Coverage: EE, Three, O2, Vodafone - Limited coverage indoors / likely coverage outdoors Construction: Purpose built cavity wall construction Restrictions: None Rights & Easements: None Flood Risk: Very low Additional Charges: See leasehold information Seller’s Position: No onward chain Garden Facing: South Leasehold Information - Lease End date: 29/09/2073 (Will be extended prior to completion) Ground Rent: £100 PA Ground Rent Review Period: 25 yearly Service Charge: £1,600 PA Agents Note Sales - PLEASE NOTE - Although we have not tested any of the Gas/Electrical Fixtures & Fittings, we understand them to be in good working order, however it is up to any interested party to satisfy themselves of their condition before entering into any Legal Contract.
Aml - ANTI-MONEY LAUNDERING REGULATIONS 2017 - In order to comply with regulations, prospective purchasers will be asked to produce photographic identification and proof of residence documentation once entering into negotiations for a 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
Agent & docs
FAQ
About Greenway, Frinton-On-Sea
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