1-bedroom flat · CM1 1AE
Sold STCListed 150 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
This ground floor maisonette is set within a highly desirable modern development in the heart of Chelmsford and is an outstanding opportunity for first-time or investors alike.
The property instantly impresses with a bright and spacious open planned living/kitchen room that offers both comfort and space to entertain, while the modern fitted kitchen has been finished to a high standard with sleek cabinetry, integrated appliances, and generous worktop space.
There is a double bedroom and stylish bathroom finished with modern fittings and clean contemporary design. This home also includes a long remaining lease term and allocated parking space.
Ideally situated for commuter buyers as the railway station is 0.4 mile walk away with a frequent service to London Stratford from 31 minutes and Liverpool Street from 36 minutes.
The High Street is also just a short walk away through Central Park which is packed full of places to shop, eat and drink and also leads to the vibrant Bond Street area where you will find an array of river fronted restaurants, designer outlets, a John Lewis store and an Everyman cinema.
Tenure: Leasehold Lease: The property was built with a 999 year lease commencing 1 January 2018 .
There are 992 years remaining Service Charge: For the period of 25/03/2026 - 24/03/2027 the service charge is £1,639 The service charge is reviewed annually.
Ground Rent: Peppercorn Band C is the council tax band for this property with an annual amount of £1,926.96.
As an integral part of the community, we’ve gotten to know the best professionals for the job. If we recommend one to you, it will be in good faith that they’ll make the process as smooth as can be.
Please be aware that a small number of the parties we recommend (certainly not the majority) may on occasion pay us a referral fee up to £200.
You are under no obligation to use a third party we have recommended.
Should you successfully have an offer accepted on a property of ours and proceed to purchase it there is an administration charge of £36 inc.
VAT per person (non-refundable) to complete our Anti Money Laundering Identity checks.
Entrance Hall Living room/kitchen 5.13m x 7.82m Bedroom 2.9m x 4.32m Bathroom Outside Allocated parking space
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 advisors 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 Hardy Close, Chelmsford
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