3 × 2-bed flat · CM1 1EA
For saleReduced £15k (−9.1%) on 24 SepListed 213 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
One of the largest apartments in this complex being one of only three 2 bedroom apartments in this convenient retirement complex situated in the City centre adjacent to the Police Station.
The apartment is much larger than most and has been well maintained and hence really needs to be internally viewed to be fully appreciated.
It is offered for sale with vacant possession and no onward chain and is located right in the City centre with all it's shops, cafes, restaurants and parks etc.
The apartment has a spacious entrance hall, good storage, lounge, good size well fitted kitchen, 2 excellent size bedrooms and large shower room.
There are well tended, good size communal grounds and residents parking on a first come first served basis. Highly recommended!
Entrance Hall A spacious entrance hall with electric wall mounted heater, large built in storage cupboard with fitted light and further built in airing cupboard with fitted shelving, security entry phone, coved ceiling, doors to Lounge (5.64m x 3.38m) A good size lounge with electric wall mounted heater, double glazed bay window, coved ceiling.
Kitchen (3.35m x 2.36m) A good sized well fitted kitchen, larger than a lot of the others, having a good range of modern units comprising single drainer sink unit with mixer tap, working surfaces with cupboards and drawer unit, built in eye level oven with microwave above, space for washing machine and fridge freezer, eye level cupboards, cooker hood, extractor fan, electric down flow heater.
Bedroom One (4.57m x 3.35m) An excellent size main bedroom with electric wall mounted heater, built in mirror fronted wardrobe cupboards, double glazed window, coved ceiling.
Bedroom Two (3.25m x 3.05m) Another spacious bedroom with electric wall mounted heater, built in wardrobe cupboards, double glazed window, coved ceiling.
Shower Room Again larger than a lot of others and having w.c., vanity wash hand basin with mixer tap, walk in shower with fitted Triton shower unit, fully tiled walls, grab rails, towel warmer, electric down flow heater, extractor fan, coved ceiling.
Exterior And Parking There are residents parking bays on a first come first served basis and some covered spaces which can be rented when available.
To the rear of the property is an area of well tended communal gardens with raised planters, seating areas and numerous trees, large area of lawn and certainly one of the larger communal gardens for retirement complexes.
Value & comps
No previous sales on record.
Returns
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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 201, Havencourt, Victoria Road, Chelmsford
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