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See how verdicts work2-bedroom flat · CM1 1HW
For saleReduced £17.5k (−22.6%) on 25 OctListed 229 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located within the popular Fenton Court development in Chelmsford City Centre, this modern first floor apartment is available to purchase on a 25% shared ownership basis, offering an excellent and more affordable route onto the property ladder while enjoying the benefits of a stylish and well maintained home.
The apartment offers two well sized bedrooms along with a bright and contemporary living area designed for comfortable everyday living.
The open living space provides a welcoming area to relax or entertain, while the modern kitchen is fitted with a range of sleek units and integrated appliances, making it both practical and attractive.
The principal bedroom offers generous accommodation, while the second bedroom provides flexible space that could be used as a guest room, home office or dressing room depending on individual needs.
A modern bathroom suite completes the internal accommodation, finished to a high standard in keeping with the rest of the property.
A key feature of the apartment is the private balcony, providing a valuable outdoor area where residents can enjoy fresh air and views across the development.
The property also benefits from secure underground parking with an allocated space, concierge service, and a secure entry system to the building, ensuring both convenience and peace of mind.
Shared ownership allows buyers to purchase a percentage of the property, in this case 25%, while paying a subsidised rent on the remaining share, making it a fantastic option for those who may find full ownership less accessible.
This scheme helps many buyers step onto the housing ladder with lower deposit requirements while still enjoying the benefits of owning their own home.
Fenton Court is perfectly positioned for access to Chelmsford City Centre, offering a wide range of shops, restaurants, leisure facilities and excellent transport links including Chelmsford railway station with direct services into London.
Combining modern living with a prime central location, this apartment is an ideal opportunity for buyers looking to take their first step into home ownership.
Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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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.
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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.
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