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See how verdicts work3-bedroom flat · CM2 6JL
For saleListed 284 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** guide price of £400,000 - £425,000 ** Sold with the advantage of no onward chain.
This well-presented three-bedroom duplex apartment is situated on the first floor of a modern residential development, offering spacious and versatile accommodation arranged over two levels.
The property benefits from a bright and airy living space, a well-appointed kitchen, and three generously sized bedrooms.
Further advantages include two allocated residents’ parking spaces, providing convenient and secure off-street parking.
The property is ideally located just 0.6 miles from Chelmsford Train Station, offering excellent transport links to London Liverpool Street, while also being within easy reach of the city centre’s wide range of shops, restaurants, and amenities.
Service charge: £4,200 per annum ground rent: £300 per annum lease remaining: 188 years remaining council tax band: D Entrance Via Entrance door to: Entrance Hall Door with stairs leading to first floor bedroom, electric radiator, laminate flooring, smooth ceiling, doors to accommodation.
Cloakroom/wc Suite comprising: Pedestal wash hand basin with mixer tap, integrated wc with push flush. Heated towel rail, part complementary tiling to walls, smooth ceiling.
Bedroom One With En-Suite Bedroom: 13'9 x 11'7.
Two double glazed windows, electric radiator, laminate flooring, smooth ceiling, door to: En-suite: Suite comprising: Inset shower cubicle with wall mounted shower, pedestal wash hand basin withier tap, integrated wc with push flush.
Heated towel rail, part complementary tiling to walls, smooth ceiling. Bedroom Two With En-Suite Bedroom: 14'1 x 11'10.
Double glazed Velux window, electric radiator, laminate flooring, smooth ceiling, door to: En-suite: Suite comprising: Panelled bath, pedestal wash hand basin with mixer tap, integrated wc with push flush.
Heated towel rail, part complementary tiling to walls, smooth ceiling. Open Plan Kitchen/Lounge/Diner 19'8 x 14'5.
Three double glazed windows, range of base level units and drawers with work surfaces over, inset sink drainer unit with mixer tap, integrated oven and electric hob with extractor hood over and glass splash back, integrated eye level microwave, integrated fridge/freezer, range of matching eye level cupboards, laminate flooring, smooth ceiling.
First Floor Bedroom With En-Suite Bedroom: 16' x 7'10.
Three double glazed windows, electric radiator, smooth ceiling, door to: En-suite: Suite comprising: Shower cubicle with wall mounted shower, pedestal wash hand basin with mixer tap, integrated wc with push flush.
Heated towel rail, part complementary tiling to walls, smooth ceiling. Exterior Two allocated parking spaces.
Buyers Information Pack Please see below the link to access the Buyers Information Pack/ta forms: Bb1c6279ac
Value & comps
No previous sales on record.
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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 starting price
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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 14, Rivers House, Chelmsford
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