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 work1-bedroom flat · CM1 2XJ
For saleListed 74 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Flat 1 Walter House is a spacious one-bedroom apartment on the first floor.
The apartment features a open-plan living and dining area, with access to a well-fitted stylish kitchen and a private balcony.
With this scheme you can purchase upto 75% of the value of the property and if you own 75% you wont pay any rent on the outstanding 25% share. A spacious one-bedroom apartment on the first floor.
The apartment features a generous open-plan living and dining area, with access to a well-fitted stylish kitchen and a private balcony.
There is a comfortable double bedroom, a stylish accessible shower room, a useful wardrobe and a separate cupboard providing additional storage.
Outside Residents at Walter House enjoy access to a range of welcoming communal spaces, including a comfortable Club Lounge with TV, darts board, library, bar and games table.
The stunning Sky Lounge offers incredible views across Chelmsford and beyond, providing the perfect setting for events, parties and social gatherings.
The beautifully maintained gardens provide a peaceful outdoor space to relax and enjoy, with a full calendar of social events helping to create a friendly and welcoming community.
Share Ownership Shared ownership allows you to buy part of your home and may pay rent on the rest, so you can move in and enjoy the benefits of a McCarthy & Stone lifestyle without committing to an outright purchase.
This also allows you to manage your finances for possible future nees. Share ownership is run in conjunction with Homes England, McCarthy & Stones government approved partner.
With this scheme you can purchase upto 75% of the value of the property and if you own 75% you wont pay any rent on the outstanding 25% share.
Location Walter House is situated in close proximity to Chelmsford City centre where there is a wide range of shopping facilities and amenities.
There are plenty of local attractions nearby, including Chelmsford Cathedral, Admirals Park and the Chelmsford Theatre.
There is a regular bus service which stops directly outside the development and just a little further is Chelmsford Railway Station, which has direct access to London Liverpool Street in just 34 minutes.
The station is only 0.3 miles from Walter House. Directions Please contact the Fenn Wright Chelmford office for directions.
Important Information Council Tax Band - C Services - We understand that mains water, drainage and electricity are connected to the property.
Tenure - Leasehold EPC rating - B Our ref - sal Lease information This is leasehold property with a term of 999 years from and including 01.01.2021.
Agents note Please be aware that the floorplans and images related to the show homes at Walter House and the layout, finishes and aspects shown may differ from other apartments.
Please speak to our sales consultants for further information.
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
.png){kind=logo}
FAQ
About Flat 1, Walter House, 31, Rainsford Road, Essex
Explore nearby
