ST MICHAEL'S HOUSE

Braintree, Essex

St Michael's House

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St Michael's House is situated in the idyllic location of Braintree, Essex. The town and its surrounding areas offer great links to London and a wide variety of entertainment.

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These exquisite contemporary apartments have been designed with a real eye for detail, the central setting allows great access for professionals needing to utilise the train links or anyone wanting to benefit from this superb high street position.

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Once completed the property will contain two commercial properties as well as seven flats. Six flats will be one-bedroom and one flat will have two bedrooms.

Project Gallery

Location

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Braintree and the surrounding areas offer a wide variety of entertainment including a vast array of eateries, Braintree Freeport Village Shopping Outlet, Chelmsford City Racecourse, a wide range of schools, steam railways and listed windmills, as well as being within one hour of central London, so it really has everything to offer.

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The development itself is perfectly positioned within a quarter of a mile of Braintree railway station, which offers direct links to Stratford Underground, Westfield Shopping Centre and London Liverpool Street.

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The popular town of Braintree is one of the top 10 Essex town's for rental hotspots in the UK and is on the doorstep of the newly named Braintree Village Shopping Centre, previously know as Freeport Designer Outlet, which is due for further expansion, further increasing Braintree's popularity. Braintree also is set to become carbon neutral by 2030 and has over £100 million set aside from the Braintree Council for an investment plan for residents and businesses.

Breakdown

£475k

Purchase price

£498k

Development costs

£1.1m

Total project costs

£1.53m

Valuation (8% yield)

Schedule of Accommodation​

Completion: Q3 2021

Once completed the property will contain two commercial properties as well as seven flats. Six flats will be one-bedroom and one flat will have two bedrooms.