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See how verdicts work1-bedroom flat · CM1 7FN
Listing removedListed 233 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Michaels Property Consultants are delighted to bring to the market this beautifully presented and deceptively spacious one bedroom, ground floor apartment, occupying an excellent position within the sought after Hanbury Place Development.
New to the market and offered for sale with a complete onward chain, this stylish apartment is also conveniently positioned just a few minutes drive from the Chelmsford City Centre, lending itself perfectly to both first time buyers and buy to let investors alike.
The contemporary accommodation comprises a generous entrance hall featuring both a handy storage cupboard and a telephone intercom system, a fabulous 24' living room/diner which also incorporates the fitted kitchen, a generous bedroom with bespoke fitted wardrobes, and a luxury bathroom suite.
Outside, there are well maintained communal gardens, and an allocated parking space.
Entrance Hall Living Room/Kitchen/Diner 24' 0" x 12' 7" (7.32m x 3.84m) Bedroom 13' 3" x 10' 11" (4.04m x 3.33m) Bathroom 7' 2" x 6' 6" (2.18m x 1.98m) Communal Gardens 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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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
FAQ
About Searle Crescent, Broomfield, Chelmsford, CM1
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