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See how verdicts work2-bedroom flat · CM1 2FN
For saleListed today
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Offered for sale with NO ONWARD CHAIN, this well-proportioned two bedroom ground floor apartment provides bright and spacious accommodation extending to approximately 571 sq ft, making it an ideal purchase for first-time buyers, downsizers or investors.
The accommodation is approached via an entrance hall with useful built-in storage and access to all rooms.
The principal living area is a generous dual-aspect living room, measuring approximately 15'5" x 11'2", with windows to two elevations creating an excellent level of natural light and providing ample room for both seating and dining furniture.
The adjoining kitchen is fitted with a comprehensive range of wood-fronted units, work surfaces and integrated cooking facilities, together with space for additional appliances.
There are two well-proportioned bedrooms, with the principal bedroom measuring approximately 14'9" x 8'6" and benefiting from its own en-suite shower room.
The second bedroom is also a good size and would work equally well as a guest bedroom or home office. A separate bathroom completes the accommodation.
The apartment is presented in neutral decorative tones throughout and benefits from practical laminate flooring to the main living areas and bedrooms, providing an excellent blank canvas for an incoming purchaser.
Positioned within the established Hobart Close development in a pleasant crescent with well kept communal grounds, the apartment combines convenient ground floor living with excellent access to Chelmsford city centre and its wide range of amenities.
The property is offered for sale with no onward chain and benefits from residents parking and bike shed.
Location Hobart Close is situated to the north-west of Chelmsford city centre in an established residential area which combines convenient access to everyday amenities with good transport connections.
Local shops and convenience stores can be found within the surrounding area, while Chelmsford city centre provides an extensive choice of shops, restaurants, cafés, bars and leisure facilities.
Chelmsford railway station is approximately 1.1 miles away, providing regular mainline services towards London Liverpool Street, making the location especially appealing to commuters.
The area is also well served by local bus routes, with stops around Highfield Road and Rainsford Road providing connections into the city centre and surrounding districts.
There are a number of schools within easy reach, together with nearby green spaces and recreational areas, adding to the appeal for a wide range of buyers.
With Chelmsford city centre, railway station and local amenities all readily accessible, Hobart Close offers a convenient setting for buyers seeking the benefits of city living while remaining within a quieter residential environment.
Lease: 150 years from 1st March 2007 Lease Remaining: 131 years Ground Rent: £330 per annum Ground Rent Review Period: 10 years increases with RPI Service Charge: £1900 per annum Agents Note Certain photographs within these property particulars have been digitally enhanced using artificial intelligence (AI) to illustrate how rooms could look when furnished.
Furniture, furnishings and decorative accessories shown in these images have been digitally added and are not included in the sale.
The images are for illustrative purposes only and should not be relied upon as an exact representation of furniture sizes, available space or the property's current presentation.
Prospective purchasers are advised to inspect the property in person to satisfy themselves as to its actual appearance, condition and dimensions.
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.
Area
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FAQ
About Derwent Court, Hobart Close, Chelmsford, CM1
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