1-bedroom flat · CM2 7QN
Sold STCListed 64 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Guide price £150,000 - £160,000 ** One bedroom fourth floor apartment being located in a conservation area in the popular area of Great Baddow, providing an excellent first time buy or rental investment.
Internally the property consists of an entrance hallway with storage cupboard, double bedroom with built in wardrobe, fitted kitchen and separate lounge / diner offering access to the balcony.
Externally the property benefits from residents parking. To appreciate this property to its full potential, we strongly recommend an early internal inspection.
The Vineyards as mentioned is located in the popular area of Great Baddow with local schooling and amenities.
The property is also located within 2.1 miles walking distance (reference google maps) to Chelmsford train station, Chelmsford City centre offers the use of numerous bars, restaurants, shops and local amenities.
Chelmsford station offers mainline rail links to London Liverpool Street. Driving wise Chelmsford offers excellent road links to A12, M25 and A130.
Agents Note: The vendor has advised there is an additional £277.79 per year for building insurance.
Please note that the aml fee covers the cost of carrying out the required identity and anti-money laundering checks.
Once these checks have been completed, the fee cannot be refunded, even if the property purchase does not go ahead.
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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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 57, The Vineyards, Chelmsford
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