3-bedroom flat · CM1 1GP
Listing removedReduced £100 (−3.6%) on 8 AugListed 87 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Welcome to this exceptional three-bedroom penthouse apartment, ideally located in the heart of Chelmsford.
Situated on the top floor, this beautifully presented home offers a perfect blend of space, style, and contemporary living.
Boasting balconies across the property, including a particularly large private balcony, this penthouse enjoys an abundance of natural light and panoramic views—perfect for relaxing or entertaining.
Inside, the apartment is modern throughout, featuring a spacious open-plan living and dining area, ideal for both everyday living and hosting guests.
The sleek, well-appointed kitchen is fitted with high-quality appliances and ample storage.
Each of the three bedrooms is generously sized, with large windows and access to outdoor space, while the main bedroom benefits from built-in wardrobes and en-suite facilities.
Additional benefits include allocated parking and lift access, providing both convenience and ease of living.
This is a rare opportunity to secure a stylish and spacious penthouse in one of Chelmsford’s most desirable locations.
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.
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
FAQ
About New Street, Chelmsford
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