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See how verdicts work1-bedroom flat · CM2 7NH
Sold STCListed 122 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Step inside this inviting first floor apartment and whether you’re a first-time buyer or a professional seeking a handy city pad near Chelmsford City Centre, or downsizing to something more manageable, this apartment offers a versatile layout and a prime location that’s hard to beat.
The spacious lounge and dining area is ideal for relaxing evenings in or hosting friends for dinner, with plenty of natural light creating a warm, welcoming atmosphere.
You’ll love the modern fitted kitchen, thoughtfully designed with ample storage and space for entertaining guests.
The spacious double bedroom offers a peaceful retreat at the end of the day, while the additional study (which can easily serve as a second bedroom if needed) gives you the flexibility to work from home or accommodate guests.
The bathroom is smartly presented with a contemporary two-piece suite with a shower over the bath, and there’s a separate WC for added convenience on busy mornings.
With a generous 100 years left on the lease, you can settle in and make this place truly your own. The property also benefits from ample communal parking right outside the property.
Location is key, and here you’re just a short 15-minute stroll from the vibrant heart of Chelmsford City Centre and the train station, making commuting or enjoying the city’s shops, cafes, and restaurants effortlessly easy.
For those needing to travel further afield, the A12 and A130 are both easily accessible, opening up convenient routes north and south.
The apartment also benefits from communal gardens and parking, providing extra peace of mind and a sense of community.
Imagine coming home after a busy day, stepping into a space that’s bright, modern, and ready for you to add your personal touch. EPC Rating: C Parking - Off street Communal Parking
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 Meadgate Avenue, Chelmsford, CM2
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