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See how verdicts work2-bedroom flat · CM5 9FD
Listing removedListed 782 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
*** Guide Price £250,000 - £275,000 *** We are delighted to offer for sale this two bedroom top floor retirement apartment centrally located within the highly popular village of Ongar, surrounded by attractive communal grounds.
The traditional high street offers many options for shopping and socialising, and the railway station is also just a short walk away offering an attractive scenic route to Epping where you can find underground services into London.
The apartment is spacious, commencing with a good sized hallway, with a large storage cupboard perfect for dropping off your coats and shoes, giving access to the lounge.
This is a spacious room with varied options to set out your furniture around the feature fireplace, with room to place a dining table set should you so wish, and with views through the sash window over the rooftops and countryside beyond, making it a lovely place to relax.
The kitchen is modern in style, also with an attractive sash window allowing plenty of natural light in, and with a good amount of cupboards at both base and eye level, plus some integrated appliances including a fridge/freezer and a Neff oven.
There are two large double bedrooms, also with sash windows and the lovely views they offer, plus bedroom one has a walk in wardrobe and bedroom two also has a large storage cupboard.
Completing the accommodation is the well fitted wet room with walk in shower, vanity unit and wc.
The building has the convenience of lifts to all floors, a laundry room to the ground floor for all the residents to make use of, along with an on site restaurant, comfortable lounge area, hotel style accommodation for visitors, and a dedicated Estates Manager to help ensure a smooth running operation.
Externally there is allocated parking available on a permit basis.
Accommodation Comprises; Entrance Hallway Lounge (6.43m x 3.28m (21'1 x 10'9)) Kitchen (2.36m x 2.34m (7'9 x 7'8)) Bedroom One (5.99m reducing to 5.46m x 3.05m reducing to 1.85m) Bedroom Two (5.33m reducing to 4.34m x 2.92m (17'6 reducing to) Wet Room (2.59m x 1.88m (8'6 x 6'2))
Value & comps
No previous sales on record.
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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 starting price
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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 61, Weighbridge Court, Ongar
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