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See how verdicts work2-bedroom flat · CM1 2GH
For saleReduced £10k (−4.3%) on 15 SepListed 69 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this delightful flat located in the sought-after area of Wicks Place, Chelmsford.
This modern property, built in 2007, offers a generous living space of 797 square feet, making it an ideal home for individuals or small families.
As you enter, you are greeted by a large, bright lounge that features patio doors leading to a charming Juliet balcony, perfect for enjoying the fresh air.
The flat boasts two spacious double bedrooms, providing ample room for relaxation and rest. The master bedroom includes a convenient en-suite shower room, ensuring privacy and comfort.
The contemporary fitted kitchen comes complete with modern appliances, making it a pleasure to prepare meals.
The stylishly tiled bathroom features a shower attachment, catering to all your bathing needs. Throughout the property, you will find newly fitted carpets that add a touch of elegance and warmth.
This flat is equipped with double glazing and gas central heating, ensuring a cosy atmosphere all year round.
Additionally, there is ample storage space, allowing you to keep your living area tidy and organised.
For those with vehicles, the property offers allocated parking for two vehicles, a valuable feature in this bustling area.
With its recent decoration and modern amenities, this flat is ready for you to move in and make it your own.
Don't miss the opportunity to view this charming property in Chelmsford, where comfort and convenience meet.
Living Room This welcoming living area enjoys ample natural light from multiple windows, including a set of French doors that open onto a balcony, offering views over leafy greenery.
The neutral décor and carpeted floor create a cosy and versatile space, ideal for relaxing or entertaining. Kitchen A compact kitchen fitted with light wood-effect cabinets and dark work surfaces.
It includes a stainless steel sink, a gas hob with an extractor hood, an oven, a washing machine and a tall fridge freezer.
The layout is designed for efficient use of space while maintaining practicality.
Bedroom 1 This bedroom benefits from a built-in wardrobe with mirrored sliding doors, providing ample storage while maximising the floor space.
The neutral carpet and walls create a tranquil environment, and the room is well-lit with natural light from a nearby window.
Ensuite A compact ensuite shower room with a corner shower cubicle, a wall-mounted basin with a tiled splashback and a simple, modern design that maximises the available space.
Bedroom 2 A second bedroom featuring a window that fills the space with natural light and a neutral colour scheme for a calm and restful atmosphere.
The carpeted floor adds warmth and comfort underfoot.
Bathroom The main bathroom is fitted with a modern white suite including a bath with an overhead shower and glass screen, a wall-mounted basin and a radiator.
The light walls and laminate floor create a fresh and clean feel throughout.
Hallway A carpeted hallway with white walls leads to several rooms, featuring a window at the far end which brings natural light into the space. The layout offers easy access around the property.
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.
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.
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FAQ
About 11, Wicks Place, Chelmsford
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