2-bedroom flat · CM1 1AG
For saleListed 601 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Being offered with no onward chain and located in Chelmsford City Centre is this modern two-bedroom apartment offering fabulous proportions and providing an excellent first time buy or rental investment.
This home is located on the first floor and boasts of contemporary living space, internally the property consists of an entrance hall way, spacious open-plan kitchen/reception room with stylish high specification kitchen, two bedrooms (bedroom one with en-suite shower room) and a further high quality family bathroom.
Externally the apartment has a balcony accessed via the reception room, as well as an allocated parking space.
The property further benefits from gas central heating, lift in block and access to on-site gym and concierge service.
Watson Heights as mentioned is located conveniently to Chelmsford train station, Chelmsford City centre offers the use of numerous bars, restaurants, shops and local amenities.
Chelmsford station offers mainline rail links to London Liverpool Street. Driving wise Chelmsford offers excellent road links to A12, M25 and A130.
Agents note : Lounge / kitchen is a maximum measurements
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 3, Watson Heights, Essex
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