1-bedroom flat · CM9 6FN
Listing removedListed 130 days
Opportunity summary
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About
No Onward Chain | 75% Shared Ownership | Ground Floor Maisonette with Private Garden & Parking Situated within the highly sought-after Crest Nicholson development at Lighterman Place, this beautifully presented one-bedroom ground floor maisonette offers modern, low-maintenance living and is available to purchase on a 75% shared ownership basis.
The property is accessed via a welcoming entrance hall with two useful storage cupboards.
The generous double bedroom is complemented by a stylish and well-appointed bathroom, while the heart of the home is the impressive dual-aspect open-plan living space.
Featuring a contemporary fitted kitchen with a range of integrated appliances, ample cupboard space and a bright living/dining area, this room is perfect for both everyday living and entertaining.
Further benefits include an additional storage cupboard within the living area, gas central heating, and double glazing throughout.
Externally, the property enjoys a private rear garden, ideal for relaxing or outdoor dining, along with two allocated parking spaces located to the side of the building.
Attractive planted borders enhance the property's kerb appeal, while gated side access leads directly to the garden.
Offered to the market with no onward chain, this fantastic home presents an excellent opportunity for first-time buyers, downsizers, or those looking to take advantage of the shared ownership scheme.
Agent's Note: We understand from the seller that the current rent payable on the remaining 25% share is £148.61 per calendar month.
Lease Information Lease Length: 125 Years Service Charge: £218.10 per calendar month Ground Rent: Peppercorn Ground Rent Review Period: Tbc
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.
Area
Agent & docs
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FAQ
About 4, Reminder Close, Maldon
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