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See how verdicts work1-bedroom flat · CM1 1RY
For saleReduced £20k (−11.1%) on 11 AugListed 160 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A beautifully presented one-bedroom ground floor retirement apartment, exclusively for the over 55s, offering the perfect blend of independent living, peace of mind and a genuinely welcoming community atmosphere.
Stylishly maintained throughout and offered to the market with no onward chain, this charming home is ideal for those looking to downsize without compromise and enjoy a smooth, stress-free move.
The apartment features a bright and spacious lounge/diner with patio doors opening onto a private patio seating area - the perfect place to enjoy a morning coffee, a good book or a spot of sunshine overlooking the beautifully kept communal gardens.
The fitted kitchen offers excellent storage and integrated appliances including an oven, fridge and freezer, creating a practical yet modern cooking space.
The generous double bedroom benefits from built-in wardrobe storage, while the contemporary shower room has been thoughtfully designed with accessibility in mind and includes an emergency pull cord system for added reassurance.
Beyond the apartment itself, this development truly shines for its warm social atmosphere and fantastic resident facilities.
Whether it’s quiz nights, coffee mornings, friendly chats in the communal lounge or the ever-popular fish & chips dinners, there’s a real sense of community here - as sociable or as private as you choose.
It’s retirement living with heart, charm and a lifestyle to match.
Residents also benefit from an on-site building manager available Monday to Friday from 9am–3pm, alongside an out-of-hours emergency care line for additional peace of mind.
Further amenities include communal parking, visitor WC facilities, a communal laundry room and beautifully maintained shared grounds.
Chelmsford is one of Essex’s most sought-after cities, perfectly balancing vibrant city living with a relaxed suburban feel.
Offering an excellent mix of shopping, dining and leisure facilities, the city centre is home to a wide range of high street brands, independent boutiques, stylish cafés and popular restaurants, alongside attractions such as Bond Street shopping district and the bustling High Chelmer centre.
Chelmsford is particularly popular with commuters thanks to its direct rail links into London Liverpool Street, making it ideal for professionals and families alike.
The area also benefits from highly regarded schools, beautiful parks including Central Park and Hylands Estate, and a thriving social scene with regular events, markets and riverside walks.
Combining strong transport connections, green open spaces and a growing modern atmosphere, Chelmsford continues to be one of the most desirable locations in Essex to call home.
The property is offered with approximately 105 years remaining on the lease.
Annual service charge: £3,414 pa Ground rent: £425 pa The small print: Material Information We’ve done our homework, but we aren’t fortune tellers.
We haven’t poked the boiler, flicked the switches, or tested every light bulb.
Nothing here counts as a contract or statement of fact-get your solicitor to check all the serious stuff, like tenure, parking, planning permission, building regs, and all that jazz! Measurements?
Guides only. Floorplans? Handy, but not perfectly to scale. Travelling far? Call first-clarification is free, petrol is not.
We may receive a referral fee if you choose to use third-party services we recommend, such as conveyancers, mortgage advisers, or EPC providers, but you are under no obligation to do so.
Aml Checks - Law says we must run one. £96 including VAT per buyer. Tiny toll, big compliance. Buyer Reservation Fee - Offer accepted? Pay a reservation fee (min £1,000) to lock it in.
VIP pass to the property, protects against gazumping. Complete the sale? Fee refunded. Things go sideways? Sometimes non-refundable.
Head to our website for full details – or skip the scrolling and just call.
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
This is not financial or investment advice. Prop AI Deals is not authorised by the Financial Conduct Authority (FCA) to provide investment advice.
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 Flat 1, Chancellor Court, Broomfield Road, Chelmsford
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