2-bedroom flat · CM1 7BQ
To rentReduced £100 (−6.3%) on 16 OctListed 29 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Overview Two storey property in Mill Lane , Broomfield. The location is simply stunning and the property benefits from a fitted kitchen, lounge, two bedrooms and a shower room to the first floor.
There is a seperate utility area and garden. The rooms have just been repainted internally and new curtains have been fitted. One parking space.
Reception Room 1: 14'05 x 12'11 Carpet to floor, sash window to front aspect. Kitchen: 8'04 x 12'08 (max) Selection of base and eye level cupboards, sink and drainer, built in cooker and hob.
Door to side access. stairs to first floor. Bedroom 1: 14'06 x 12' Carpet to floor, window to front aspect. Free standing wardrobe. Bedroom 2: 8'04 x 8'02 Carpet to floor, window to front aspect.
Shower Room: 9'08 x 4' Walk in shower cubicle, low level w.c, washbasin. Window to rear.
Further information Available 1st October 2026 Deposit: £1961.00 Holding Fee: £392.00 The water and sewerage charges are to be paid for by the landlord.
Oil fired heating supplying a combi boiler Affordability: Applicants must have a house hold income that exceeds £52,000 PA NB: The property comes with a fridge, freezer, tumble dryer and washing machine but the landlord WILL NOT be responsible for the repair or replacement of those items.
That will be the tenants responsibility. An EPC has been carried out, we are awaiting the report. It will be circa a D
Value & comps
No previous sales on record.
Rental comparables are shown in the Rental section below. Sold comparables remain for area capital context only.
Returns
We're still gathering serviced-accommodation data for this area.
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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 Broomfield Mill, Mill Lane, Broomfield, Chelmsford
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