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See how verdicts work1-bedroom flat · CM3 3AE
Listing removedListed 136 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
** Extended lease upon completion ** Located in the popular village of Boreham is this well presented one-bedroom first floor apartment, providing a fantastic first-time purchase or buy to let investment.
Offering stylish decor throughout internally the property consists of entrance hallway leading to the well-presented open plan reception room / kitchen with three windows allowing ample natural light into the accommodation.
Located off the hallway is also the double bedroom which benefits from a built-in wardrobe and separate family bathroom.
Externally the property benefits from an allocated parking space and use of communal gardens. To appreciate this property to its full potential, we strongly recommend an early internal inspection.
Shearers Way is handily placed to avail of the local schools, shops, bus service and Beaulieu Park railway station.
This home is also within easy driving distance of Chelmsford City centre and mainline train station (journey time into London Liverpool Street approximately forty minutes) and the A12.
Chelmsford itself offers the vibrant City Centre also providing comprehensive shopping, restaurants and leisure facilities.
Agents Note: Our vendor is currently looking into extended the lease please contact the agent to discuss further.
Agents Note: ‘Heating to the property is served by electric, please contact the branch for more details.
Agents Note: ‘The term of the lease is 99 years from 01/01/1988 date, which means there are currently 60 years remaining. This may impact on mortgage lending requirements.
Interested parties should make further enquiries.’
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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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.
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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
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FAQ
About 33, Shearers Way, Chelmsford
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