2-bedroom flat · CM1 4DD
To rentListed 16 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Available now is this top floor redecorated two bedroom apartment in Chelmsford.
Inside, there is a spacious entrance hallway, fitted kitchen with appliances included, living room with access out to its own private balcony, two double bedrooms both with wardrobe space, and a bathroom comprising a bath with shower over head, hand wash basin and w/c.
Further benefits of this property include gas central heating via radiators and residents parking.
Courtlands is situated on Patching Hall Lane, a popular residential area on the northern side of Chelmsford.
The property is well placed for easy access to the city centre, with a good range of shops, cafés, restaurants and everyday amenities close by.
There are several green spaces nearby, including Andrews Park, making the area particularly appealing for those who enjoy getting outdoors.
Chelmsford railway station is also within easy reach, providing regular services to London Liverpool Street and other destinations.
Broomfield Hospital is also within easy reach, being just a 7 minute drive away. This property is within Council Tax band C. The annual Council Tax bill for this property is £2,006.08.
This amount does not include any discounts or exemptions. Tenants permitted payments info: We will charge a tenant the following: 1.
to secure a property a holding deposit of no more than one weeks’ rent; 2. a security deposit with a maximum of 5 weeks rent, or 6 weeks on a property with rent over £50,000 per year; 3.
the rent; * We may charge a tenant the following default fee’s/payments: 4. default fee for late payment of rent (after 14 days); 5. reasonable charges for lost keys or security fobs; 6.
payments associated with contract variation, at £50 or reasonable costs incurred if higher, when requested by the tenant; 7.
payments associated with early termination of the tenancy, when requested by the tenant; and 8.
payments in respect of bills - utilities, communication services, TV licence, council tax and green deal or other energy efficiency charges. Tenants T&C’s can be supplied on request..
holding deposit is refundable subject to the t&c's Company Let Fee’s Apply (if placing company employees) (non housing act tenancy): Admin fee £300 inclusive of Vat Tenancy renewal fee £150 inclusive of vat Hallway 6.27 m x 2.49 m (20'7" x 8'2") Lounge/Diner 5.16 m x 3.73 m (16'11" x 12'3") Balcony Kitchen 2.95 m x 2.54 m (9'8" x 8'4") Bedroom 1 3.81 m x 3.10 m (12'6" x 10'2") Bedroom 2 3.43 m x 3.30 m (11'3" x 10'10") Bathroom 1.70 m x 2.59 m (5'7" x 8'6")
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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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 Courtlands, Patching Hall Lane, Chelmsford
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