2-bedroom flat · CM1 2GF
For saleListed 206 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A desirable first floor flat in a quiet residential area within walking distance to Chelmsford railway station and City Centre.
Comprises 2 bedrooms (one with ensuite), bathroom, kitchen and spacious lounge. Double glazed throughout. Car port for off road parking.
Entrance Hall Wide spacious hall with secure entrance phone Large full height storage cupboard (also housing water heater) Storage heater Doors (wooden with stainless steel effect handles) leading to: Lounge 4.56m x 4.06m (14’96” x 13’32”) Juliet balcony and 2 UPVC double glazed windows with a carpet and storage heater TV and phone points Kitchen 2.28m x 5.20m (8’48” x 7’70”) Wooden slated blind to the UPVC double glazed window, with a stone effect worktops, and part tiled walls above worktops.
High and low pale wood cupboards with a washer dryer and fridge freezer.
AEG oven and hob with extractor fan above Bathroom 3.05m x 1.78m (10’01” x 5’85”) White suite comprising bath with shower attachment, sink and toilet with a mirrored bathroom cabinet.
There is a shaver point with an extractor fan and a separate shower cubicle with bi fold door.
Main Bedroom (with ensuite) 3.98m at widest point x 3.01m (13’05” x 9’87”) UPVC double glazed window with a fitted part mirrored triple wardrobe, carpet and storage heater The ensuite bathroom has a white sink and toilet, shower cubicle, mirrored cabinet, extractor fan and shaver point Bedroom 2 2.28m x 5.20m (7’49” x 17’08”) 2 UPVC double glazed windows, carpet and storage heater.
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.
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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 Ridgewell Avenue, Chelmsford, CM1
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