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See how verdicts work1-bedroom flat · CM3 5RX
For saleReduced £5k (−3.7%) on 29 SepListed 72 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom second-floor apartment offering bright and well-maintained accommodation, allocated parking and access to communal gardens, ideally positioned within walking distance of local amenities.
Internally, the property has been tastefully maintained throughout and offers a welcoming entrance hallway leading into a spacious and comfortable living room, providing plenty of room for both relaxing and entertaining.
The separate fitted kitchen offers a range of modern wall and base units with ample worktop space and room for the usual appliances, creating a practical and well-designed cooking area.
The property further benefits from a generously sized double bedroom with plenty of space for additional bedroom furniture, alongside a well-appointed bathroom featuring a shower enclosure and contemporary tiling.
Externally, residents enjoy access to communal gardens, providing valuable outside space, while the property also comes with the added benefit of allocated parking.
Situated on the second floor, the apartment is conveniently located within walking distance of a variety of local shops, amenities and transport connections, making it an excellent choice for first-time buyers, commuters or investors alike.
Early viewing is highly recommended to appreciate the space, condition and convenient location this attractive apartment has to offer
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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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
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FAQ
About 18, Tallow Gate, Chelmsford
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