2-bedroom flat · CM2 6RD
To rentReduced £100 (−7.7%) on 21 OctListed 40 days · slow let
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Exceptionally Spacious 2 bedroom top floor flat. Conveniently situated within walking distance of Chelmsford City Centre and Mainline Railway Station.
The property is very well presented and features a Refitted Kitchen and bathroom. There are 2 double bedrooms with a fitted wardrobe to each. Gas Central Heating. Allocated parking for 1 vehicle.
A holding deposit equivalent to 1 weeks rent will be required to reserve the property, while referencing checks are being carried out.
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.
Applicants will be required to enter into the tenancy agreement no more than 15 days after paying the holding deposit unless an extension to the deadline has been agreed by all parties Failure to do so may result in you losing your holding deposit.
Right to Rent Checks By Law, Right To Rent checks must be carried out and applicants will be required to provide original proof of ID (Passport and Residents Permits) and current address ID in accordance with guidelines issues by the Home Office.
Acceptable forms of address ID include: - Driving license - Recent utility bill (within the last 3 months) - Council Tax bill - Letter from employer or your Doctor (specifically stating & confirming your current address, on headed paper) - Mortgage statement - Original bank statements (within the last 3 months) All potential tenants over the age of 18, will be subject to a credit check, carried out by our nominated referencing company to check for CCJ's, IVA's & Bankruptcy.
Additional checks will include an employment check, affordability checks, previous Landlord reference and proof of address history, usually up to 3 years.
As part of this process Bank statements, pay slips, pension statements, or other supporting documentation may be requested.
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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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
Agent & docs
FAQ
About Abbotts Place, Chelmsford
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