3-bedroom flat · CM8 1BG
Listing removedListed 230 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Guide Price £220,000 - £240,000 Location, Space And Comfort! Looking for a spacious first home or investment?
This three bedroom apartment, located within easy access of transport links and amenities, could be perfect for you.
The space in this property is clear to see, the lounge/diner runs the width of the apartment and is the ideal place to entertain.
The kitchen offers plenty of worktop space to put your culinary skills to the test. After a long day, there are a choice of three bedrooms to retreat to along with the family bathroom.
Outside, you have your own carport with a storage cupboard to the rear so you will not need to worry about finding somewhere to park when arriving home.
This property is situated within walking distance to multiple schools, Witham Town Centre and Witham Leisure Centre.
If you need to commute, then the A12 and Witham Mainline Station are within easy access. Call us to book your viewing!
Entrance Hall Lounge/Diner 6.688m > 4.619m x 3.410m > 2.414m Kitchen 3.484m x 1.977m Bedroom One 3.477m x 2.801m Bedroom Two 4.044m x 2.308m Bedroom Three 3.406m > 2.118m x 1.850m > 1.295m Bathroom 2.189m x 1.679m Parking Carport and storage Agents Note Council Tax Band: B The seller has advised the following information regarding the property – Lease Length: 104 years approx.
Annual Service Charge: £1,471.56 approx. Annual Ground Rent: £150 approx.
Ground Rent Review Period: TBC Utilities connected to the property: Mains electric, Mains drainage, Mains water Is the water metered?: Yes Heating system & fuel: Electric Broadband: Yes - FTTC Consistent mobile signal: Yes - 4G/5G *Property details subject to approval* Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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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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About Bantock Way, Witham
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