2-bedroom flat · CM2 6HU
For saleListed 17 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
* £240,000 to £250,000 Guide Price * Welcome to this modern flat located in the desirable area of Coates Quay, Chelmsford.
This stylish apartment offers a perfect blend of comfort and convenience, making it an ideal choice for both first-time buyers and those looking to downsize.
The flat features two well-proportioned bedrooms, providing ample space for relaxation and rest.
The inviting reception room serves as a perfect gathering space, ideal for entertaining guests or enjoying quiet evenings at home.
The contemporary design throughout the apartment ensures a bright and airy atmosphere, enhancing the overall living experience.
One of the standout features of this property is its proximity to the city centre, allowing residents to enjoy easy access to a variety of shops, restaurants, and local amenities.
Whether you are commuting for work or seeking leisure activities, everything you need is just a short distance away.
Additionally, the flat comes with the added benefit of parking, a valuable asset in this bustling area. This convenience allows for hassle-free living, making it easier to come and go as you please.
In summary, this modern two-bedroom flat in Coates Quay is a fantastic opportunity for those seeking a stylish and convenient home in Chelmsford.
With its prime location, comfortable living spaces, and parking availability, this property is not to be missed.
Communal Entrance Secure communal entrance door, stairs to apartment Entrance Hall (3.86m x 0.99m (12'8 x 3'3)) Telephone entry system, two storage cupboards, tiled floor.
Bedroom One (4.60m x 2.82m (15'1 x 9'3)) Window to rear, electric radiator, carpet. Bedroom Two (2.82m x 2.67m (9'3 x 8'9)) Window to front, electric radiator, carpet.
Bathroom (2.67m x 1.57m (8'9 x 5'2)) Window to side, panelled bath with shower over, close coupled WC, wash hand basin, heated towel rail, part tiled walls, tiled floor.
Lounge/Diner (4.60m x 3.56m (15'1 x 11'8)) Window to side and rear, electric radiator, carpet.
Kitchen (3.81m x 1.91m (12'6 x 6'3)) Window to front, range of fitted storage units with an integrated electric oven. Space and plumbing for fridge/freezer and washing machine.
Work surfaces incorporate the sink unit and electric hob with extractor hood over. Exterior Communal Parking Area
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
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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 advisers before making any investment decisions.
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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
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FAQ
About 3, Coates Quay, Chelmsford
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