Nicholls Field, Harlow CM18
East of England
£100,000
Listed on 11/08/2026
Listed on 11/08/2026
The listing
Property details
Bedrooms
1Type
FlatFeatures
- Parking
Description
A chain-free one-bedroom flat on the eighth floor at Nicholls Field, Harlow, offered with refurbishment required throughout. The accommodation includes a double bedroom with fitted wardrobes, a lounge/diner, separate kitchen, bathroom and hallway with two storage cupboards. The lounge has windows to the side and rear, and the kitchen is fitted with base and wall units, a cooker, sink and space for appliances. The bathroom has a bath with shower over, wash basin and WC.
The property has double glazing, a combi boiler and an EPC rating of C. Ample street parking is noted. Passmores Academy and Purford Green Primary School are within walking distance, and the M11 is a short drive away. The lease has 86 years remaining, with a stated service charge of £1,200 per year and ground rent of £10 per year. The flat may suit a buyer prepared to undertake updating, subject to inspection of the building and lease details.
WHOTS analysis
Our WHOTS verdict
An internal assessment of the opportunity to acquire, improve and create value.
44out of 100
Grade ELow opportunity
Confidence: LOW
This is a medium-scale project with a clear refresh-and-improve canvas: dated finishes and worn flooring run through several rooms, while the kitchen has unfinished-looking surfaces by the window and the bathroom ceiling needs attention. The large lounge windows and open outlook are a welcome feature, and the listing also states an EPC rating of C. The £18,000–£32,000 renovation range gives a guide to the work involved.
The score is 44/100, grade E, so this is a lower-opportunity prospect overall. The asking price is £100,000, but floor area is missing, so value against local £/sqf cannot yet be judged; the available figures also do not establish the finished-value case. The lease has 86 years remaining, with a stated service charge of £1,200 a year and ground rent of £10.
Key opportunities
- Refresh the marked walls and worn flooring across the lounge, bedroom and hallway.
- Improve the dated kitchen, including the unfinished-looking area and pipework beside the window.
- Assess the damaged bathroom ceiling and update the dated presentation as part of the project.
Key risks
- The kitchen-window area and bathroom ceiling show visible deterioration; the extent of repair needed should be checked at viewing.
- The 86-year lease and £1,200 annual service charge are important ownership costs to verify.
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Current average 2-year fixed rate is 4.45%
Current average variable rate is 6.60%
Monthly Repayments
£378
Based on a loan of £75,000 over 30 years at 4.45% interest
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