1-bedroom flat · CM2 0BN
For saleListed 15 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Shared ownership one bedroom apartment available to purchase at a 30% share of £180,000 with a minimum 5% mortgage deposit of £2,700. Call today to arrange your appointment to view.
This well presented one bedroom second floor apartment being located just one mile walking distance to Chelmsford City train station (reference google maps), ideal for the commuter and providing an excellent opportunity for a buyer to get on the property ladder.
The apartment itself boasts of contemporary living space and internally the property consists of a welcoming entrance hallway with storage cupboard, four piece bathroom suite, double bedroom with built in wardrobes and spacious open-plan reception room with fitted kitchen.
Externally the property has its own private balcony area which can be accessed from the lounge offering a great place to unwind.
The property further benefits from an allocated parking space, gas central heating and double glazing.
To appreciate this home to its full potential, we strongly recommend an early internal inspection.
Upper Chase as mentioned is located conveniently to Chelmsford train station, Chelmsford City centre offers the use of numerous bars, restaurants, shops and local amenities.
Chelmsford station offers mainline rail links to London Liverpool Street. Driving wise Chelmsford offers excellent road links to A12, M25 and A130.
Full Market Value: £180,000 30% Share Price: £54,000 Rent on un-owned share £374.08 pcm. Estimated estate charge £180.41 pcm.
*The Shared Ownership scheme is a Part Buy, Part Rent way of owning your own home for a smaller upfront payment.
With Shared Ownership, you buy a share of your home using a mortgage from a bank or building society and pay a subsidised rent on the share you did not purchase.
The combined mortgage and rent is usually less than you’d expect to pay if you bought a similar property outright. When you’re ready, you can buy 100% of your home.
Please note, as a Shared Ownership purchase there are likely to be additional legal fees during the conveyancing process, your solicitor can advise you of these.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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 advisors before making any investment decisions.
Past performance does not guarantee future results. Tax implications vary by individual circumstances.
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 15, Upper Chase, Essex
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