2-bedroom flat · CM2 6WU
For saleListed 26 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with a 75% share of ownership (with the full 100% available to purchase now or futuristically) is this top floor apartment boasting two good sized bedrooms, spacious lounge, fitted kitchen, bathroom, allocated parking space and well kept communal gardens.
For sale via Chancellor Park’s local property experts, Hamilton Piers, with no onward chain. Communal Entrance: Secure telephone entry system, stairs to top floor, entrance door to apartment.
Entrance Hall: Doors to lounge, kitchen, bedroom one, bedroom two, bathroom, cupboard, radiator. Lounge: (3.94m x 3.78m (12'11" x 12'5")) Double glazed sash window to front and side, two radiators.
Kitchen Diner: (3.78m x 2.72m (12'5" x 8'11")) Dual aspect double glazed sash windows to rear and side, range of wall and base units, rolled edge work surfaces with stainless steel sink inset, integrated low level oven, gas hob with extractor over, space for fridge freezer, dishwasher, washing machine, tumble dryer, radiator, cupboard housing boiler, part tiled walls.
Bedroom One: (4.27m x 3.73m max (14' x 12'3" max)) Two double glazed sash windows to front, fitted wardrobes, radiator.
Bedroom Two: (2.97m x 2.31m (9'9" x 7'7")) Double glazed sash window to front, radiator.
Bathroom: (2.24m x 1.68m (7'4" x 5'6")) Obscure double glazed sash window to rear, panel bath with shower mixer tap, pedestal hand wash basin, low level W/C, radiator, part tiled walls.
Exterior: Parking: Allocated parking space with visitors parking available. Rear Garden: Well kept communal garden. Leasehold Information: Years Remaining: 103 Approx.
Service Charge: £208 Per month Ground Rent: £0
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
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FAQ
About 31, Abell Way, Chelmsford
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