2-bedroom flat · CM1 3EW
Listing removedReduced £20k (−8.7%) on 21 JunListed 238 days
Opportunity summary
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About
** asking price of £230,000 ** Situated within the sought-after Melba Court development in Writtle, this well-presented two-bedroom first-floor apartment offers stylish, low-maintenance living in a highly convenient location.
The property features a bright and spacious living/dining room, ideal for both relaxing and entertaining, alongside a modern fitted kitchen with ample storage and workspace.
There are two well-proportioned bedrooms and a contemporary bathroom finished to a good standard.
Externally, the apartment benefits from an allocated parking space as well as additional visitor parking.
Perfectly positioned just two miles from Chelmsford city centre and Chelmsford railway station, the property offers excellent transport links for commuters, with fast and frequent services into London.
Writtle’s picturesque village centre, local shops, amenities, and green open spaces are all within walking distance. Service charge: £1792.14 per annum ground rent: £250 per annum approx.
Lease remaining: 89 years remaining council tax band: C Communal Entrance Hall Stairs to first floor accomodation with phone entry system.
Stairs leading to double glazed entrance door leading to porch area, smooth ceiling, further door to entrance hall.
Entrance Hall Textured ceiling, three double glazed windows to rear aspect, radiator, doors leading to multiple rooms.
Living/Dining Room 17'5" x 9'6" Textured ceiling, two double glazed windows to front and rear aspect, radiator.
Kitchen 7'8" x 6'8" textured ceiling, double glazed window to front aspect, a range of eye and base level units with worktops over, inset Amica electric hob and oven with extractor fan over, complimentary tiled splashback, inset sink with separate taps and drainage basin, vinyl flooring, further space for white goods.
Bathroom Sooth ceiling, vinyl flooring, low level w/c, wall mounted wash hand basin with mixer tap and vanity unit, bath with shower attachment, tiled splashback.
Bedroom One 14'3" x 8'8" Txtured ceiling, radiator, double glazed window to front aspect, integrated storage cupboard.
Bedroom Two 11'4" x 5'7" Txtured ceiling, radiator, double glazed window to front aspect. Property Exterior Communal gardens and an allocated space for one car.
Buyers Information Pack Please see below a link to the Buyers Information Pack / ta Forms:https://res.gazeal.co.uk/#/bip-docs?appuid= db72fb4dc
Value & comps
No previous sales on record.
Returns
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Archie refurb estimate: a Pro feature
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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.
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FAQ
About 72, Melba Court, Chelmsford
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