1-bedroom flat · CM2 8SR
Let agreedListed 7 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Situated in the popular area of Galleywood, to the south of Chelmsford, this one-bedroom flat benefits from a refurbishment throughout.
The property is conveniently located on a bus route, with local shops and schools nearby, while Chelmsford city centre and mainline railway station are within easy driving distance.
The accommodation comprises an entrance hall with security entryphone system, spacious lounge, fitted kitchen, double bedroom, bathroom and a particularly useful large walk-in storage cupboard, which could potentially lend itself to a variety of uses, including a study area.
Externally, the property benefits from communal grounds and parking, together with ample off-street parking. A video tour is available.
Entrance Hall Featuring a security entry phone system, built-in storage cupboard and airing cupboard, with doors leading to the principal accommodation.
Lounge A good-sized reception room with double-glazed window. Kitchen Brand new fitted kitchen Bedroom A bedroom featuring a double-glazed window.
Bathroom Fitted bathroom suite Large Walk-In Cupboard A generous additional storage space offering versatility and potential for use as a study area, subject to suitability.
Outside The property benefits from communal grounds and parking, with ample off-street parking also available.
This property is available with a Deposit Free option which means that instead of paying a traditional five weeks security deposit, you pay a fee of 28% of the first months rent + VAT (subject to a minimum of £120 + VAT) to become a member of a deposit free renting scheme which significantly reduces the up-front costs.
This fee is non-refundable and is not a deposit so cannot be used towards covering the cost of any future damage.
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
FAQ
About Barnard Road, Chelmsford
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