We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · EN9 1NY
Listing removedReduced £5k (−3.2%) on 20 JunListed 333 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being offered chain free an opportunity for the over 55's to purchase this spacious one double bedroom retirement apartment with views overlooking Larsens Park.
Large lounge with direct access to communal garden, modern shower room, communal facilities. Warden controlled Internal viewing recommended.
Cobbinsbank is an attractive well regarded development for residents aged 55 or over.
Ideally located adjacent to Larsens Park the development also boasts excellent transport links with a bus stop immediately outside the development and the M25 intersection being within a few minutes drive.
Directly opposite the development is a local convenience store for daily needs and the historic town centre of Waltham Abbey is close by for a bi-weekly market and more comprehensive facilities including dentist, Drs surgery and Tesco superstore.
Facilities within Cobbinsbank offer, pull cord support within each property, communal lounge and communal laundry room. The warden encourages social arrangements between residents.
This particular property is set on the ground floor of the development and enjoys views over Larsens Park and with direct access to the communal garden a rare opportunity to secure one of the most desirable properties within the development.
The accommodation is well planned and offers a good size entrance hall with built in storage cupboards.
The large lounge extends to over 17' and offers direct access to the communal garden via a double glazed door and access to the kitchen.
The kitchen has a range of fitted wall and base units with contrasting work surfaces, with appliances such as an electric cooker, washing machine and fridge freezer which can all remain if required.
The bedroom has a built in wardrobe and is supported by a fully tiled modern shower room. Externally there are well maintained communal gardens and free resident parking.
Hallway 13' 4" x 4' 1 Max" (4.06m x 1.24m) lounge 17' 10" x 11' 3 Max" (5.44m x 3.43m) kitchen 8' 1" x 6' 8" (2.46m x 2.03m) bedroom 15' 00 Max" x 8' 5" (4.57m x 2.57m) shower room 6' 8" x 5' 2" (2.03m x 1.57m) communal parking communal gardens charges Council Tax Epping Forest District Council Band B Tenure - Leasehold 125 Years from July 1986 (86 years unexpired) Service Charge £219.97 includes Ground Rent Ground Rent - Nil utilities and suppliers Electricity - Mains - Octopus Water - Mains - Thames Water Sewage - Mains- Thames Water Heating - Electric Broadband - (None at the property) Various providers available Mobile Signal and Coverage Vodafoe Three EE O2
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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
.png){kind=logo}
FAQ
About 15 Cobbinsbank, Farm Hill Road, Waltham Abbey
Explore nearby
