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See how verdicts work2-bedroom flat · CM2 6XN
For saleListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor two bedroom apartment offers a great opportunity for a first time buyer or investor being offered for sale with no onward chain.
The accommodation is well laid out with an entrance hall leading to two good size bedrooms, bathroom and a spacious living/dining room and kitchen.
The sellers have re-decorated the apartment throughout giving you a fresh starting point, while the kitchen, bathroom and carpets offer scope for some updating ideal for anyone looking to add their own style and value over time.
The property also benefits from electric heating, uPVC double glazing, communal gardens and residential allocated parking.
Chelmer Village is a popular choice for buyers wanting a balance of convenience and easy access to the City centre. The nearby retail park provides a great selection of shops and everyday amenities.
The City centre and railway station are approx 1.5 mile walk making it well placed for commuters. Tenure: Leasehold Lease: The property was built with a 125 year lease commencing 01/01/1991.
There are 89 years remaining Service Charge: For the period of 1/01/26 to 31/12/26 the service charge is £1,869.08. The service charge is reviewed annually. Ground Rent: £137 per annum.
reviewed from 1 January 2016, and then every 25 years thereafter. Next review date 1 January 2041 Band B is the council tax band for this property with an annual amount of £1,806.98.
The Nitty Gritty (Football Edition) We know that buying a home is a team effort, so we’ve built a strong network of trusted professionals to help you get the deal over the line.
As an integral part of the community, we’ve got to know some of the best players in the game.
If we recommend one of our trusted professionals, it’s because we genuinely believe they can help make your property journey as smooth as possible — from the first whistle to the final signing.
As with any team, however, we like to keep things transparent. A small number of the professionals we recommend — certainly not the majority — may occasionally pay us a referral fee of up to £200.
There’s no obligation whatsoever to use a professional we recommend. You’re always free to choose your own team.
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This charge is non-refundable and helps us complete the necessary checks before we can kick off the next stage of your property journey.
Entrance Hall Living/dining room 3.28m x 4.19m Width extending to 14'01 Kitchen 2.03m x 2.92m Bedroom 1 2.57m x 3.94m Bedroom 2 1.98m x 3.17m Bathroom Outside Communal Garden Allocated 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 Jeffcut Road, Chelmer Village, Chelmsford
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