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 · CM1 1QN
For saleReduced £25k (−7.7%) on 21 MayListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
**GUIDE PRICE £300,000 - £350,000** Positioned within a prestigious city centre development, this stylish second-floor apartment offers contemporary living with exceptional convenience.
Boasting a private balcony, secure underground parking and concierge service, it presents an ideal first-time purchase or lock-up-and-leave home in the heart of Chelmsford.
This modern apartment features two generous double bedrooms, with the principal bedroom benefiting from its own en-suite shower room, while a well-appointed family bathroom serves the second bedroom.
The accommodation is thoughtfully arranged and finished to a high standard throughout, creating a bright and welcoming living environment.
The open-plan living space is perfectly suited to both relaxing and entertaining, with direct access onto a private balcony providing an attractive outdoor retreat.
The contemporary kitchen is seamlessly integrated, offering ample storage and workspace. Secure allocated underground parking further enhances the practicality of this impressive home.
Residents of this sought-after development enjoy access to a secure communal courtyard, offering a peaceful escape within the vibrant city centre.
A 24-hour concierge and security service provides added reassurance and exclusivity, while the pet-friendly policy makes it ideal for those with four-legged companions.
Situated in the heart of Chelmsford, the property is perfectly placed to enjoy everything the city has to offer.
Chelmsford Cathedral and Hylands House reflect the area’s rich heritage, while Bond Street Chelmsford provides an excellent selection of shopping and dining options.
The picturesque River Chelmer and numerous nearby parks offer pleasant walks and green open spaces.
Excellent transport links include a mainline station with direct services to London Liverpool Street in just over 30 minutes, alongside convenient access to the A12 and A130, making this an ideal base for commuters.
An exceptional opportunity to secure a superb apartment in one of Chelmsford’s most desirable locations. Early viewing is highly recommended.
Entrance Hall Lounge/Diner/Kitchen: 24'3" x 12'4" (7.39m x 3.76m) Bedroom 16'11" x 9'10" (5.16m x 3.00m) Ensuite Shower Room Bedroom Two 15'4" x 10'7" (4.67m x 3.23m) Bathroom Disclaimer haart Estate Agents also offer a professional, ARLA accredited Lettings and Management Service.
If you are considering renting your property in order to purchase, are looking at buy to let or would like a free review of your current portfolio then please call the Lettings Branch Manager on the number shown above.
haart Estate Agents is the seller's agent for this property. Your conveyancer is legally responsible for ensuring any purchase agreement fully protects your position.
We make detailed enquiries of the seller to ensure the information provided is as accurate as possible. Please inform us if you become aware of any information being inaccurate.
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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