2-bedroom house · CM1 2XJ
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Purchase apartment 42 fully furnished! Ready to move into with just a suitcase! This beautifully designed two-bedroom apartment offers a spacious and modern living environment.
The bright and airy living and dining area is perfect for relaxing or entertaining. A separate kitchen, accessed via a door from the dining space, provides a practical and well-appointed cooking area.
The spacious main bedroom benefits from a walk in wardrobe, offering a dedicated dressing area. The second bedroom is a well-proportioned double, ideal for guests or versatile use.
A separate modern shower room is conveniently located off the hallway, along with a useful cupboard and an additional storage space, ensuring a clutter-free home.
With a thoughtful layout and stylish finishes, Apartment 42 is a perfect choice for comfortable and contemporary living.
This is a leasehold property with a term of at least 990 years from and including 1 st January 2021 .
Shared Ownership allows you to buy a share of your home of between 10% and 75%, reducing the amount you have to pay upfront. If you buy a 75% share you’ll enjoy your home rent free.
For smaller shares you will pay some rent..
Example share pricing: £162,500/£373 pcm (50% example share/50% rent) £243,750 (75% example share/no rent) Other shares available SAP Rating - up to 85 Room Dimensions Ground Floor Bedroom 1 - 3275 x 5865 millimetre Bedroom 2 - 2993 x 4780 millimetre En-Suite - 2062 x 2200 millimetre Kitchen - 2430 x 3345 millimetre Living Room - 4497 x 4650 millimetre Shower Room - 1575 x 2147 millimetre
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 Rainsford Road, Chelmsford, Essex, CM1 2XJ
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