1-bedroom flat · CM1 1BY
Sold STCListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning top floor apartment in Chelmsford is a must-see for first time buyers or commuters.
The property is well-presented throughout, offering an open plan fitted kitchen/living area that is perfect for modern living, and a double bedroom and bathroom.
Both the living room and the bedroom are accessible to the large private terrace which offers some panoramic views over Chelmsford.
The property also benefits from having gas fired central heating by radiators, a secure allocated parking space, and lift access to all floors.
There is also a private gym and concierge service exclusively for residents at Marconi Evolution.
Marconi Evolution, as it's known locally, is superbly situated just a few minutes walk of the High Street and railway station.
Chelmsford station has a frequent service to London Stratford taking from 31 minutes, and Liverpool Street taking from 36 minutes.
There is also a Co-Op convenience store within the development to cater for your every day grocery needs.
The City centre has three shopping malls, a wide range of shops and eateries plus the vibrant Bond Street area where you will find a John Lewis department store and Everyman cinema.
Tenure: Leasehold Agents Note: An EPC has been commissioned and will be added to the listing once available Lease: The property was built with a 125 year lease commencing 01/05/26 .
There are 113 years remaining Service Charge: For the period of 1 Jan 2026 - 31 Dec 2026 the service charge is £1,634.41. The service charge is reviewed annually. Ground Rent: £330 per annum.
The next review date is 01/05/27 which will be calculated using inflation and the rounded up to the closest £10.
Council Tax: Band C is the council tax band for this property with an annual amount of £1,926.96.
The Nitty Gritty (Toy Story Edition) As valued members of the Andy's Room community, we've spent years getting to know the finest toys in the toy box for every job.
If we recommend someone to help with your property journey, you can trust that it's done in good faith and with the aim of making your move smoother than a trip to Pizza Planet.
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Please be aware that a small number of the parties we recommend (certainly not the majority) may occasionally pay us a referral fee of up to £200.
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Entrance Hall Lounge/kitchen 6.43m x 3.78m Bedroom 3.33m x 3.25m Bathroom Outside Balcony 13.49m x 2.84m
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
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FAQ
About Dunn Side, Marconi Evolution, Chelmsford
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