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 · CM2 6QW
For saleReduced £10k (−4%) on 22 OctListed 27 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Positioned along the ever-popular Wilshire Avenue in the heart of Chelmer Village, this beautifully presented two-bedroom first floor maisonette delivers the perfect balance of style, practicality and that “finally, a property that actually ticks the boxes” feeling.
Thoughtfully upgraded throughout by the current owner, this is the kind of home that feels effortlessly put together - modern where it matters, low-maintenance where you want it, and surprisingly hard to leave once you’ve walked through the door.
Step inside and you’re welcomed by a bright and spacious interior that instantly feels warm and inviting.
The generous lounge/dining room offers plenty of space to relax, entertain or pretend you’re definitely going to host more dinner parties this year.
Natural light pours through the property, while oak internal doors throughout add a sleek and stylish finish that elevates the entire home.
The kitchen, installed in 2022, has been designed with modern living firmly in mind.
Finished with contemporary high gloss cabinetry and integrated appliances including a washing machine, dishwasher, fridge freezer, cooker and induction hob, it’s a space that manages to feel both practical and impressively polished - very much “Pinterest board meets real life”.
Both bedrooms are well-proportioned, with one benefitting from fitted wardrobes for those who appreciate a little extra storage without sacrificing floor space.
The landing also features a built-in storage cupboard, while the loft has been boarded and upgraded with double insulation, giving you valuable additional storage and improved energy efficiency - because sensible upgrades are underrated.
The bathroom continues the home’s contemporary feel, complete with a stylish waterfall shower head, heated towel rail and modern fittings throughout.
The owner has also upgraded the hot water cylinder, significantly improving water pressure and efficiency - a detail you may not think about immediately, but one you’ll appreciate every single morning.
Further benefits include modern electric heaters with 24/7 controllable settings by digital timer or the option of an app, allowing you to manage comfort and efficiency with ease.
No unpredictable ancient storage heaters here - this setup is very much in its “grown-up and organised” era. Outside is where this home really separates itself from the crowd.
The private rear garden is an absolute standout feature and a genuine rarity for properties of this kind.
Beautifully landscaped with Indian sandstone paving for ultra low-maintenance living, it’s the perfect spot for summer evenings, morning coffees or convincing yourself you suddenly enjoy gardening despite there being very little actual gardening required.
New fencing, outside lighting and an external tap complete the space perfectly. The property also benefits from one allocated parking space and approximately 88 years remaining on the lease.
Even better, the block is self-managed by the four owners, helping to keep costs refreshingly reasonable, with service charges at approximately £40 pcm and annual building insurance around £250 per year - proof that not all running costs need to feel personally offensive.
Location-wise, it’s easy to see why Chelmer Village remains one of the city’s most sought-after areas.
You’re moments from Asda supermarket, Chelmer Village Retail Park, excellent A12 access and within easy reach of both Chelmsford railway station and the newly developed Beaulieu Park railway station - making commuting, shopping and everyday convenience feel refreshingly effortless.
Set within the heart of Chelmsford, this property enjoys all the benefits of a city that perfectly balances modern convenience with a relaxed Essex charm.
Chelmsford has become one of the county’s most desirable places to live thanks to its excellent transport links, vibrant city centre and abundance of green open spaces.
Residents enjoy a fantastic selection of shopping, restaurants, cafés and leisure facilities, including the popular Bond Street shopping district, riverside walks and a thriving social scene.
For commuters, Chelmsford railway station offers direct services into London Liverpool Street, while the nearby A12 provides easy access across Essex and beyond.
The arrival of the new Beaulieu Park railway station further enhances connectivity for the area.
Families and professionals alike are drawn to Chelmsford for its well-regarded schools, excellent amenities and strong sense of community, while areas such as Chelmer Village continue to stand out for their convenience, green spaces and easy everyday living - the kind of location where everything you need feels reassuringly close by.
The small print: Material Information: Service Charge: £50.00 per month Annual Ground Rent: £72.00 6 monthly Length of Lease: 88 years remaining approximately We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £96 including VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
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
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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.
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FAQ
About 55, Wilshire Avenue, Chelmsford
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