3-bedroom flat · CM1 1GP
Listing removedListed 572 days
Opportunity summary
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About
Located in the most central point of the City is this stylish penthouse apartment situated just a few minutes walk of the railway station, shops, restaurants and bars.
Victoria Court makes the perfect development for those commuting as well as anyone who works within Chelmsford's City Centre with the railway station and High Street within walking distance.
The station has a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
The City itself offers a wide range of shops, restaurants, bars and public open spaces to enjoy.
There are three shopping centres all within a mile with the most recent addition to those being Bond Street where you can find an Everyman Cinema, the highly popular Latin American restaurant Las Iguanas and of course, a John Lewis store.
One of the standout features of this property is its expansive terrace, one of the largest in Chelmsford, offering ample space for outdoor living.
The building also includes an elevator for added convenience. The apartment boasts three double bedrooms. The principal bedroom features an en-suite shower room, a wardrobe, and a private balcony.
The second bedroom includes a wardrobe, while the third bedroom offers access to the expansive terrace, plus private balcony. A family bathroom and a storage cupboard complete the living quarters.
The open-plan living area is flooded with natural light from a large bay window with double doors that open directly onto the terrace.
The modern kitchen, equipped with a range of fitted appliances, also provides direct access to the terrace, making it ideal for both everyday living and entertaining.
This penthouse is equipped with a sound system and underfloor heating throughout, enhancing comfort and convenience. It benefits from both gas and electric services, and allocated parking space.
With a long lease and its central location placing all the amenities of Chelmsford-shops, restaurants, bars, and more-quite literally on your doorstep, this penthouse represents a unique opportunity to enjoy city living at its finest.
Open Plan Lounge/Dining Area 7.32m x 6.36m (24' 0" x 20' 10") Kitchen 4.62m x 2.83m (15' 2" x 9' 3") Principal Bedroom 5.63m x 3.60m (18' 6" x 11' 10") En Suite 2.24m x 1.50m (7' 4" x 4' 11") Second Bedroom 4.82m x 1.62m (15' 10" x 5' 4") Third Bedroom 3.56m x 2.33m (11' 8" x 7' 8") Bathroom 2.37m x 1.80m (7' 9" x 5' 11") Balcony 13.90m x 10.10m (45' 7" x 33' 2") Disclaimer These particulars are issued in good faith but do not constitute representations of fact or form part of any offer or contract.
The matters referred to in these particulars should be independently verified by prospective buyers.
Neither Knight Residential Limited nor any of its employees or agents has any authority to make or give any representation or warranty in relation to this property.
Agents Note Council Tax Band F Lease Years Remaining - 172 Service Charge - £2,500 approx Ground Rent - £300 approx
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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 102, New Street, Chelmsford
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