Summary - 78 MALYON CLOSE BRAINTREE CM7 2QY
2 bed 1 bath Flat
Income-ready flat near town and rail links, suitable for investors.
Currently tenanted at £995pcm (income-producing asset)
Estimated gross yield ~7.5% at £160,000 guide price
104 years remaining on the lease
Small overall size: 528 sq ft (compact two-bedroom)
Very high local crime rate — potential lettings impact
Allocated off-street parking for one car
Service charge £182.89pa; ground rent £150pa (modest)
Double glazing, gas central heating, EPC C (76)
A compact two-bedroom first-floor apartment in a modern-Georgian development west of Braintree town centre. Currently tenanted at £995pcm, the flat presents a strong lettable asset with convenient rail links to London Liverpool Street and local amenities close by.
The accommodation includes a reception room, contemporary fitted kitchen, bathroom, two bedrooms and useful built-in storage. The property benefits from double glazing, gas central heating, allocated off-street parking and an EPC rating of C (76). Annual service charge and ground rent are modest for the development (£182.89pa service charge; £150pa ground rent).
Practical points for investors: the property sits on a 104-year lease and is described as small (528 sq ft). The area records very high crime levels, which may affect tenant attraction and rental profiling. Council Tax Band B is relatively inexpensive. The flat is sold as a potential income stream or a short-term hold for capital growth.
Buyers should note the material facts: short overall size, the remaining lease term, and the local crime statistic. The accommodation is largely ready to let with current tenants in situ, but investors may want to budget for routine maintenance, redecoration between lets, and to monitor local lettings demand given the wider area classification.
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