Land · CM3 6EQ
To rentListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Yard 3 comprises an outdoor commercial yard situated within The Mayflower complex in Chelmsford, Essex.
The property extends to approximately 4,844 square feet and provides a practical storage and operational space suitable for businesses requiring secure external facilities.
The yard is fully enclosed by wooden fencing, affording a degree of containment and security appropriate for storage of materials, equipment, or commercial goods.
The yard surface comprises a combination of paved and gravel areas, providing a functional working environment capable of accommodating vehicle movement and material handling.
The property benefits from excellent natural light throughout the day, as evidenced by the open-air aspect and clear sight lines across the yard.
The fencing enclosure ensures that the premises are suitably demarcated and protected from unauthorised access, making it well-suited to occupiers seeking secure external storage or operational space.
The property's location within an established commercial complex offers practical benefits, including proximity to supporting services and infrastructure.
The yard's straightforward layout and robust construction enable flexible use for a range of commercial purposes, including storage, material handling, vehicle parking, or contractor operations.
The combination of paved and loose-laid surface materials provides adequate drainage and accessibility for operational requirements.
Available on a rental basis at £750 per calendar month, Yard 3 represents a cost-effective solution for occupiers seeking additional external commercial space without the commitment of significant capital expenditure.
The property is immediately suitable for occupation and available to be tailored to specific operational requirements.
Interested parties are encouraged to contact the lettings agent to arrange a site visit and discuss specific suitability requirements.
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
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 Yard 3, The Mayflower
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