2-bedroom flat · CM2 0SF
For saleReduced £5k (−2.1%) on 9 SepListed 110 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A very well presented ground floor apartment, just a stone’s throw from the city centre!
Offering a spacious 15' lounge diner with a door onto 1 of 2 communal gardens, modern kitchen, entrance hall, two good-sized bedrooms, gas central heating, bathroom & low service charges, plus a brick storage shed in the garden to the rear.
Call Hamilton Piers to book your viewing.
Communal Entrance: Secure buzzer entry system into communal porch, secure understair storage cupboard allocated to the property, door into ground floor apartment.
Entrance Hall: Door into apartment, storage cupboard, radiator, wood effect flooring, doors to- Lounge Diner: (4.83m x 2.95m (15'10" x 9'08")) Double glazed window and door to front onto communal garden, radiator, wood effect flooring.
Kitchen: (2.95m x 2.46m (9'08" x 8'01")) Double glazed window to rear, round edge worktop with stainless drainer sink inset, electric hob with extractor over, integrated oven, matching wall and base units, wall mounted boiler housed in cupboard, space for washing machine/dryer and fridge freezer, vinyl flooring.
Bedroom One: (4.06m x 3.05m (13'04" x 10'00")) Double glazed window to rear, storage cupboard, radiator. Bedroom Two: (2.95m x 2.26m (9'08" x 7'05")) Double glazed window to front, radiator.
Bathroom: (2.18m x 1.65m (7'02" x 5'05")) Double glazed window to rear, bath with shower over, vanity hand basin, low level w/c, chrome towel rail, fully tiled.
Exterior: Communal Gardens: Communal garden space to the front of the property and the rear. Storage Shed: Private brick storage shed to the rear allocated to the property.
Parking & Leasehold Information: Permit parking on street. Years remaining on lease- 87 Years Ground rent- £10 pa Service charge- £1300 pa
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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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
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FAQ
About 2, Baker Street, Chelmsford
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