We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat
For saleListed 2 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Summary A well-presented one-bedroom second-floor flat ideally situated on Springfield Road, offering bright and spacious accommodation throughout.
Perfect for first-time buyers, professionals or investors, the property benefits from excellent access to Chelmsford city centre and viewings are advised!
Description Springfield Road is one of Chelmsford's most established and well-connected residential locations, offering a superb blend of convenience, local amenities and accessibility.
Situated to the north-east of Chelmsford city centre, the area is particularly popular with families, professionals and commuters thanks to its excellent transport links, reputable schools and wide range of everyday amenities.
Chelmsford city centre is easily accessible and provides a comprehensive range of shopping, leisure and dining facilities, including High Chelmer Shopping Centre, Bond Street, a selection of restaurants, cafés and bars, along with entertainment venues such as the Civic Theatre and Riverside Ice & Leisure Centre.
The city continues to be one of Essex's most sought-after locations, combining a vibrant city atmosphere with an abundance of green open spaces.
For commuters, Chelmsford railway station offers regular services to London Liverpool Street, making the area particularly attractive for those travelling into the capital.
Road links are equally convenient, with easy access to the A12, A130 and M25, providing connections throughout Essex, London and beyond.
Entrance Hall Lounge/Kitchen/Diner Bedroom One Bathroom Agent Notes Please note that an aml fee is chargeable to the buyer once an offer is accepted to cover 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.
Agents Notes Lease - 120 years Service Charge pcm - £67.79 Management Charge pcm - £24.17 Insurnace Charge pcm - £23.47 Reserve Fund pcm - £33.19 Total P/A: £1,783.44 Subletting: As long as you own the property at the 100% share you cannot rent out your apartment subject to having permission from your mortgage lender if applicable.
We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.
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Money laundering regulations: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
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General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. The measurements indicated are supplied for guidance only and as such must be considered incorrect. 4.
Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. 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 or tenants.
Neither sequence (UK) limited nor any of its employees or agents has any authority to make or give any representation or warranty whatever in relation to this property.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 advisers 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
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FAQ
About Springfield Road, Chelmsford
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