1-bedroom house · CM2 0XE
For saleReduced £10k (−8.3%) on 21 AugListed 169 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
McCartney sales are introducing to the market this one bedroom second floor retirement property situated in the popular development of Godfreys Mews, which is conveniently located just off of Moulsham Street and is within walking distance to Chelmsford City Centre.
The apartment itself consists of a good sized bedroom, spacious living room with view of the beautiful landscaped communal gardens, fitted kitchen and a shower room.
Externally, you'll find the communal gardens, along with communal parking.
The facilities within the complex include: A lift, spacious residents lounge, a salon for visiting hairdressers and chiropodists and a laundry room.
Guest suites are available for friends and relatives overnight stays.
Each flat has its own emergency audio system with direct contact to the House Manager and the accommodation is equipped with emergency pull cords linked to the House Managers control panel together with an external 24 hour back up system.
A security entry system enables residents to identify visitors before allowing them to enter. Each apartment has electric heating, double glazed windows and there is cavity wall insulation.
McCartney Sales & Lettings act as the seller's agent for the marketing of this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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
Agent & docs
FAQ
About 118, Godfreys Mews, Chelmsford
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