2-bedroom flat · CM1 1QN
For saleReduced £25k (−6.7%) on 2 JulListed 231 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Well-presented two-bedroom duplex maisonette being located 0.2 of a mile walking distance to Chelmsford City train station (reference google maps), providing an excellent opportunity for a buyer to get on the property ladder.
The maisonette itself boasts of contemporary living space and internally the property consists of to the ground floor an entrance hallway, ground floor w/c and spacious open-plan reception room leading through to the stylish kitchen.
The first floor offers two double bedrooms with bedroom one benefiting from built in wardrobes, the high-quality family bathroom is also located to the first floor.
Externally the property has its own balcony area which can be accessed from both bedrooms and offers a great place to unwind.
The property further benefits from an allocated parking, double glazing and ample storage throughout. To appreciate this home to its full potential, we strongly recommend an early internal inspection.
Newcombe Court is positioned within proximity of the vibrant Chelmsford City centre offering the use of numerous bars, restaurants, shops and local amenities.
Chelmsford station is also within proximity providing National Rail services into Central London, including London Liverpool Street in approximately thirty-five minutes.
Driving wise the property also offers excellent road links to A12, M25 and A130.
Agents Note: We have been advised that the monthly rent on the remaining share is £600.54 Per month, there is also an opportunity to purchase a further share of the property.
(please call agent to discuss in full detail) Agents Note: ‘Heating to the property is served by electric, please contact the branch or more details.
Agents Note; Bedrooms are shown as maximum measurement. Agents note: The property is currently being sold as a shared ownership but is available at the 100% value ( £375,000 ).
We have been advised that Service charge and Ground Rent may be reviewed upon full market value purchase. Please call branch for further details
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
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
Agent & docs
FAQ
About 7 Newcombe Court,, Burgess Springs, Essex
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