2-bedroom flat · CM1 6GF
To rentListed 3 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Martin & Co are pleased to offer this spacious two-bedroom top-floor apartment situated within Raeburn Court, Chelmsford.
Offering well-proportioned accommodation and the added benefit of residents' parking, this property would make a comfortable and practical home.
The apartment features a generous lounge with plenty of room to create both relaxing and dining areas, making it an ideal space for everyday living and entertaining.
The separate fitted kitchen provides a good range of storage and worktop space and comes equipped with a washing machine, fridge/freezer and oven.
There are two bedrooms, comprising a well-sized double bedroom and a second single bedroom.
Completing the accommodation is a bathroom, while the apartment's top-floor position provides an added sense of privacy.
Externally, parking is available within the residents' car park, providing convenient off-road parking.
Early viewing is recommended to appreciate the space and accommodation this apartment has to offer. Contact Martin & Co Chelmsford today to arrange your viewing.
Available early December ENTRANCE LOUNGE 11' 03" x 15' 10" (3.43m x 4.83m) KITCHEN 8' 07" x 8' 07" (2.62m x 2.62m) BEDROM 1 12' 09" x 9' 03" (3.89m x 2.82m) BEDROOM 2 9' 03" x 6' 10" (2.82m x 2.08m) BATHROOM PARKING A holding deposit equivalent to 1 weeks rent will be required to reserve the property, while referencing checks are being carried out.
With the tenants' consent, this holding deposit will be refunded against the first months' rent.
The holding deposit can be retained if the applicant provides false or misleading information, fails Right to Rent checks, withdraws from the property or fails to take reasonable steps to enter into the tenancy.
In accordance with the Tenant Fees Act, applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit.
Failure to do so for any of the aforementioned reasons, may result in you losing your holding deposit. An extension to the deadline may be entered into, if agreed by all parties.
Right to Rent Checks By Law, Right To Rent checks must be carried out and as such, applicants will be required to provide original proof of ID (Passport and Residents Permits) and current address ID in accordance with Home Office guidelines.
Acceptable forms of address ID are as follows: - Driving license - Recent utility bill (within the last 3 months, we cannot accept mobile phone bills) - Council Tax bill - Letter from employer or GP (specifically stating & confirming your current address, on headed paper) - Mortgage statement - Tenancy agreement signed and dated within the last 6 months Please note that we cannot accept bank statements All potential tenants over the age of 18, will be subject to a credit check, carried out by a 3rd party to check for CCJ's, IVA's & Bankruptcy.
Applicants will need to provide proof of an income of at least 2.5 times the annual rent.
Additional checks include an employment check, affordability checks, previous Landlord reference and proof of address history, usually up to 3 years.
Local Housing Allowance applicants will require a working guarantor and be able to prove an income of 3 x the annual rent.
You may be required to provide Bank statements (to assess income), pay slips, benefits award letters, pension statements, WFTC award letter.
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.
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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 Raeburn Court, Rembrant Grove
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