2-bedroom flat · CM1 1PU
For saleListed 34 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**** guide price: £325,000 - £350,000 **** Conveniently positioned just a five-minute walk from Chelmsford railway station and the City Centre, this modern two-bedroom third-floor apartment offers bright, well-proportioned accommodation, a private balcony and secure allocated parking with EV charging facilities.
Lift access leads to the third floor, where the entrance hall includes a useful utility cupboard with space for a washer dryer.
The spacious open-plan kitchen, lounge and dining area is filled with natural light and opens onto a balcony overlooking the communal gardens.
The contemporary kitchen features ample fitted units and a range of integrated appliances.
Both bedrooms are well proportioned, with the principal bedroom benefiting from built-in wardrobes and an en-suite shower room. A modern family bathroom completes the accommodation.
Externally, the property includes an allocated parking space within a secure gated car park.
Further benefits include an exceptionally long lease, with approximately 994 years remaining, and an affordable service charge.
Chelmsford City Centre offers an extensive selection of shops, cafés, restaurants and leisure facilities, while the nearby railway station provides direct services to London Liverpool Street in under 40 minutes.
Riverside walks, public parks, highly regarded schools, regular bus services and convenient A12 access are also within easy reach.
Palmer & Partners would strongly recommend an early internal viewing to avoid disappointment.
Entrance Hall Kitchen Lounge Diner 3.28 x 7.62 Utility Area Bathroom Bedoom 1 3.62 x 3.87 Ensuite Shower Room Bedroom 2 2.89 x 2.60
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 advisors 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 18 Allen House,, Victoria Road, Essex
Explore nearby