1-bedroom flat · CM2 7QN
Sold STCReduced £10k (−7.1%) on 17 SepListed 80 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** asking price of £140,000 ** Sold with the added advantage of no onward chain.
Situated on the sixth floor of the Vineyards development in Great Baddow, this well-presented one-bedroom apartment offers modern, low-maintenance living in a convenient location just 2.1 miles from Chelmsford Train Station.
The property features a bright and spacious living area with direct access to a private balcony.
The well-proportioned double bedroom is complemented by a newly decorated shower room, finished to a fresh and contemporary standard.
Further benefits include residential parking, secure communal access, and a desirable position within this popular development, making it an excellent choice for first-time buyers, professionals, or investors.
* Being sold via a Balgores secure agreement * Lease Remaining: 101 years approx. Service Charges: £1,166 per annum. Ground Rent: £100 per annum.
Council Tax Band: A Entrance Via Communal entrance door to: Communal Hall Stair and lift access to all floors.
Own Entrance Door To Entrance Hall Storage cupboard, laminate flooring, smooth ceiling, doors to accommodation. Bedroom 17'9 x 8'4.
Double glazed window to rear, range of fitted wardrobes, storage cupboard, radiator, smooth ceiling. Lounge/Diner 16'1 x 9'7.
Double glazed window to rear, double glazed sliding patio doors to rear leading to balcony, radiator, laminate flooring, smooth ceiling, door to: Kitchen 9'7 x 8'2.
Double glazed window to front, range of base level units and drawers with work surfaces over, inset sink drainer unit with mixer tap, integrated Smeg oven and hob with stainless steel extractor hood over, space for further appliances, range of matching eye level cupboards, breakfast bar, complementary tiled splash backs, laminate flooring, smooth ceiling.
Shower Room 6'7 x 5'7. Obscure double glazed window to front.
Suite comprising: Shower cubicle with rain style shower head over and separate hand shower attachment, vanity wash hand basin with mixer tap and cupboard under, integrated wc with push flush.
Tiled flooring, part complementary tiling to walls, smooth ceiling. Balcony 9'7 x 3'8. Mainly laid to decking, feature glass panelling. Exterior Communal parking for one vehicle.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: A69ec67e38c
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
FAQ
About 79, The Vineyards, Chelmsford
Explore nearby
.png){kind=logo}
