2-bedroom flat · CM1 1RY
Listing removedReduced £45 (−3.8%) on 16 JulListed 117 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located in the sought-after Chancellor Court, this well-presented retirement apartment is exclusively available to residents aged 55 and over, offering a safe, welcoming and community-focused environment.
Residents benefit from excellent on-site amenities, including a beautifully maintained communal lounge where neighbours regularly socialise, helping to foster a genuine sense of community and lasting friendships within the building.
For added peace of mind, the property benefits from non-resident management staff and a Careline alarm service, ensuring support is always close at hand if needed.
Residents also have access to convenient on-site amenities, including a communal laundrette, making day-to-day living that little bit easier.
Ideally located in the heart of Chelmsford, the apartment is just a short, easy stroll from the town centre, as well as local bus and train services, making it simple to stay connected and enjoy everything the area has to offer.
The apartment itself offers an impressive sense of space, featuring two generously sized bedrooms, a large and inviting living area, and a well-positioned adjoining kitchen – ideal for both everyday living and entertaining.
A modern bathroom with a walk-in shower completes this comfortable and thoughtfully laid-out home.
This is a wonderful opportunity to enjoy independent living within a supportive and sociable community, all in a fantastic central location.
Some images have been virtually staged using AI to illustrate potential furnishing layouts The apartment is offered in pristine condtion and available to move in to immediately.
Please enquire now for immediate viewing. Rent excludes tenancy deposit and any other permitted payments.
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 Road, Chelmsford, Essex, CM1
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