2-bedroom flat · CM1 6XD
Listing removedListed 65 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Zero Deposit Guarantee Available Available with Zero Deposit and from the end of September, this spacious two-bedroom ground floor apartment is located in the heart of the highly desirable Springfield area, offering convenient access to local amenities, schools and transport links.
The property features a bright and spacious lounge, a well-equipped fitted kitchen with appliances overlooking attractive communal walled gardens, two generously sized bedrooms and a modern bathroom with shower.
The apartment offers comfortable and practical living throughout, making it ideal for professionals, couples or small families.
Residents benefit from parking facilities situated to the front of the property as well as well-maintained communal grounds.
Springfield remains one of Chelmsford's most sought-after residential locations, with a range of shops, supermarkets and everyday conveniences nearby.
Due to the popularity of both the property and location, early viewing is highly recommended.
Council Tax Band: Holding Deposit: £311.00 Available End of September Zero Deposit Option Available Ground Floor Apartment Two Bedrooms Fitted Kitchen with Appliances Communal Walled Gardens Resident Parking Popular Springfield Location
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
All investment calculators, property analyses, and AI-generated insights are for informational purposes only. Property investment carries risk and may result in financial loss. All calculations should be independently verified and you should consult with FCA-authorised financial advisers before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 16, Chelmsford
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