1-bedroom flat · CM1 1QN
For saleListed 309 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This stunning one-bedroom apartment, located just minutes from the heart of Chelmsford city centre, offers the very best of modern city living with all amenities and attractions right on your doorstep.
Available for sale under the Shared Ownership Scheme, the property is offered at a 35% share, with the opportunity to staircase up to 100% ownership.
Perfect for busy professionals or first-time buyers, the apartment boasts a luxury fitted kitchen with integrated appliances and a stylish bathroom, along with a private balcony, ideal for relaxing on summer evenings with a G&T in hand.
Additional benefits include underground residents’ parking, a lift, and the option to purchase all existing furniture, allowing for a smooth, turnkey move if desired.
A wide selection of restaurants, shops, nightlife venues, and Chelmsford Station are all within a short walk, providing excellent transport links and lifestyle convenience.
For those seeking a quieter escape, Hylands Park is just a short drive or cycle away, offering beautiful green space and a more tranquil setting.
This is a fantastic opportunity to enjoy stylish city living without the city-centre price tag.
Entrance Hall Entrance door to communal landing and lift/stairway, cloak cupboard, wall mounted security entrance telephone, laminate flooring, utility cupboard Utility Cupboard Generous utility cupboard, housing the water tank, plumbing for washing machine and consumer unit Bathroom Fully fitted bathroom comprising of fully tiled walls, tiled floor, matching white three piece suite of panel enclosed bather with glazed shower screen and shower over, vanity wash hand basin, enclosed cistern WC, electric shaving point, chromed heated towel rail Bedroom Floor to ceiling double glazed window, double built in wardrobes Open plan Lounge/Diner/Kitchen The lounge area offers a floor to ceiling double glazed window allowing floods of natural light to enter the room, sky/fm/tv media panel, laminate flooring, The dining area benefits from a large double glazed french style door to the balcony, laminate flooring.
The stunning fitted kitchen boats a selection of high gloss base and wall units, composite worktop with inset Bosch induction hob with Bosch stainless steel extractor hood over, under counter Bosch single stainless steel electric over, integrated washing machine, integrated microwave oven, integrated Fridge/Freezer, under wall unit lights, laminate flooring.
Balcony Enclosed balcony with metal balustrade Parking There is 1 allocated parking space below the property, in a secure residents only carpark.
Agents Note Please be aware that this property is for sale under the Shared Ownership scheme, the Fixed Asking Price is for a 35% share.
We understand the property to be Leasehold with a Council Tax Band of- C
Value & comps
No previous sales on record.
Returns
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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 Burgess Springs, Chelmsford, CM1 1
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