2-bedroom flat · CM1 1AP
Let agreedListed 78 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Modern, second floor apartment within the Marconi Evolution development within walking distance of the city centre and station.
High specification accommodation offers two large bedrooms with ensuite shower room to the master bedroom, further bathroom/WC and lounge open plan into a fully fitted kitchen with appliances.
Externally this property also has the benefit of a full width balcony and resident parking.
Residents of the Marconi Development will also have access to concierge plus a fully equipped gym with lounge/locker room. Lounge / Open Plan Kitchen Bedroom 1 En-Suite Shower Room Bedroom 2 Bathroom
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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
FAQ
About 218, Watson Heights, Essex
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