1-bedroom flat · CM1 1RY
To rentListed 80 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A one bedroom retirement apartment situated on the first floor.
Situated on Broomfield Road in Chelmsford, Chancellor Court was built by McCarthy & Stone and consists of 34 apartments arranged over three floors each served by a lift.
The apartment consist of bedroom, entrance hall, lounge, fitted kitchen and bathroom. The Development Manager can be contacted from various points within each property in the case of an emergency.
For periods when the Development Manager is off duty there is a 24 hour Appello emergency call system. The residents must be over the age of 55 years.
Entrance Hall Emergency intercom and security door entry system. Ceiling light fitting. Power point. Smoke detector.
Door to walk in shelved airing cupboard housing the insulated hot water cylinder with fitted electric immersion heater and electric meters.
Walk in storage cupboard/cloaks with internal light and fitted shelving. Living Room Electric fire in surround. Night storage heater. Power points to include TV aerial point. Telephone point.
TV point. Emergency pull cord. Ceiling light fittings.
Kitchen Tiled and fitted with a range of wall and floor units with under pelmet lighting, cupboards, drawers, work tops and stainless steel sink with single drainer.
Built-in electric cooker with four ring electric hob and overhead extractor hood. Fridge and freezer. Ceiling light fitting.
Wall mounted electric fan heater Bedroom Built in mirror wardrobes with shelving and hanging rail. Illuminated light switch. Night storage heater. Power points. Telephone point. TV point.
Ceiling light fitting. Shower Room Tiled and fitted with suite comprising walk in Shower with hand rail. WC with low level flush; vanity unit. Wall mounted electric heater. Extractor fan.
Heated towel rail. Strip light with shaver point. Emergency pull cord.
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 16, Chancellor Court, Broomfield Road, Chelmsford
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