We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work1-bedroom flat · CM1 4EY
For saleReduced £10k (−4%) on 26 OctListed 97 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered with no onward chain, located in the highly sought after Avenue’s area is this unique one bedroom first floor apartment located 1 mile walking distance from Chelmsford train station (reference google maps).
Ideal for the commuter and well-proportioned throughout this apartment is accessed by a well-maintained communal area with stairs leading to the entrance, Internally the accommodation comprises of a large landing area which offers two double storage cupboards and window allowing ample light into this modern home.
Located off the landing area is the tastefully decorated lounge which opens up to the stylish high specification kitchen / diner.
The accommodation further consists of a double bedroom located at the rear of the property which overlooks the communal garden and high specification bathroom.
Externally the property as mentioned benefits from access to a well-kept communal garden as well as an allocated parking space to the front.
Further benefits include double glazing, gas central heating and ample storage though out. To appreciate this property to its full potential, we strongly recommend an early internal inspection.
Third Avenue is located conveniently to Chelmsford City centre and excellent local schooling nearby.
The vibrant City centre offers access to numerous bars, restaurants, theatres, shops and local amenities.
Chelmsford station offers mainline rail links to London Liverpool Street and driving wise, Chelmsford offers excellent road links to the A12, M25 and A130.
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
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 Third Avenue, Chelmsford, Essex, CM1
Explore nearby