We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom flat · CM1 1FR
Sold STCListed 271 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Nestled in the heart of Chelmsford, Essex, this collection of 26 Brand New Apartments is set to redefine modern sophistication.
Designed with meticulous attention to detail and impeccable craftsmanship, each home offers the perfect blend of style and comfort.
Each Apartment offers spacious layouts, high-end finishes complete with either a private balcony or patio area to enjoy throughout the year. An added extra is the parking facilities on offer.
Each Apartment is allocated with one parking space, with the possibility of purchasing additional spaces (subject to availability) and also the benefit of adding your very own EV point.
Whether you're seeking a peaceful retreat or a luxurious space to entertain guests, these apartments offer a truly unparalleled lifestyle.
Embrace a life of luxury with FCM Holdings' latest masterpiece - 'Kingfisher House' Chelmsford.
Communal Entrance - Entrance Hall - 4.72m x 1.60m (15'6 x 5'3) - Entrance door, with secure video telephone entry system.
Utility Room - 2.26m x 2.11m (7'5 x 6'11) - Fitted washer/dryer, remainder used for storage space.
Open Plan Kitchen/Living Room - 6.02m x 4.29m (19'9 x 14'1) - This open plan kitchen is complete with an integrated fridge/freezer, dishwasher and electric 'Bosch' oven and an induction hob with stone work surfaces.
Doors to balcony. Balcony - Bedroom One - 4.75m x 2.97m (15'7 x 9'9) - A double bedroom offering plenty of light and a window to the rear.
Ensuite - 3.00m x 1.19m (9'10 x 3'11) - Shower cubicle, wash hand basin, close coupled WC, fully tiled.
Bedroom Two - 3.56m x 3.18m (11'8 x 10'5) - A double bedroom offering plenty of light with a window to the rear Bathroom - 2.95m x 1.70m (9'8 x 5'7) - A luxurious bathroom suite comprising a bath with a shower over, wash hand basin and WC, fully tiled.
Exterior - Allocated Parking - An allocated parking space, with the option to purchase an additional space *subject to availability. Communal Landscaping - Cycle Store -
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 Hoffmanns Way, Chelmsford
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