2-bedroom flat · CM2 9FW
For saleReduced £10k (−3.6%) on 20 OctListed 37 days
Opportunity summary
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About
** guide price of £280,000 - £290,000 ** • please see the video Situated on the sought after Grace Bartlett Garden development.
Offered in good condition throughout, this attractive ground floor apartment provides well-proportioned and versatile accommodation, making it an ideal purchase for first-time buyers, professionals, downsizers or investors alike.
The property comprises an entrance hallway, a bright and spacious reception room, a fitted kitchen, two well-sized bedrooms and two bathrooms, with the master bedroom benefiting from an en-suite.
Further benefits include the convenience of ground floor living and an allocated parking space.
The apartment forms part of the desirable Grace Bartlett Gardens development, offering a well-maintained residential setting while being conveniently positioned for local amenities and within 1.5 miles from Chelmsford Train Station.
Service charge: £2,700 per annum. Ground rent: £365.07 per annum. Lease remaining: 111 years approx.
Council tax band: C * Sold via Balgores secure agreement * Entrance Via Entrance door to: Entrance Hall Two double glazed windows to rear, storage cupboard, wall mounted entry phone system, radiator, laminate flooring, smooth ceiling, doors to accommodation.
Bedroom One With En-Suite Bedroom: 13'5 x 8'4. Double glazed window to front, radiator, smooth ceiling, door to: En-suite: 8'6 x 6'2.
Suite comprising: Corner shower cubicle with rain style shower head over and separate hand shower attachment, vanity wash hand basin with mixer tap and cupboard under, low level wc.
Heated chrome towel rail, tiled flooring, complementary tiling to walls, smooth ceiling with inset spotlights. Bedroom Two 13'5 x 8'4. Double glazed window to front, radiator, smooth ceiling.
Family Bathroom/wc Suite comprising: Panelled bath, wall mounted wash hand basin with mixer tap, low level wc.
Heated chrome towel rail, tiled flooring, complementary tiling to walls, smooth ceiling with inset spotlights. Open Plan Kitchen/Living 17'2 x 13'7.
Double glazed windows to front, side and rear, two radiators, laminate flooring, smooth ceiling with inset spotlights.
Kitchen area: Range of base level units with Quartz work surfaces over and matching upstands, inset sink drainer unit with mixer tap, integrated Zanussi electric oven and electric hob with extractor hood over and stainless steel splash back, integrated fridge/freezer, space for further domestic appliances, range of matching eye level cupboards Exterior Allocated parking space for one vehicle.
Additional visitors parking. Mature shrubs and communal gardens. Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A968fac
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
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FAQ
About 13, Grace Bartlett Gardens, Essex
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