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See how verdicts work1-bedroom flat · CM2 0TW
For saleReduced £3.5k (−2.2%) on 22 SepListed 131 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Located close to the City centre in the area known as Old Moulsham is this one bedroom ground floor purpose built apartment, the property does require modernisation throughout but does benefit from having a garage as well as being on the ground floor and close to local shops and amenities.
This property is being offered for sale with no onward chain. Entrance Hall Storage cupboard, doorway leading to kitchen, lounge and bedroom.
Kitchen (2.24m x 2.24m) In need of modernisation, eye and base level units, one and a quarter bowl sink unit with mixer taps. Secondary glazed window to side, space for appliances.
Lounge (4.88m x 3.45m) Secondary glazed windows to rear, electric heater, doorway leading to inner hallway. Bedroom One (3.73m x 2.64m) Secondary glazed window to rear, electric heater.
Bathroom Three piece suite comprising panelled bath, wash hand basin, low level w.c., tiling to walls, airing cupboard, secondary glazed window to front.
Exterior There are communal grounds and the added benefit of a brick built storage shed. Garage Located in a nearby block is a single garage with up and over door to front.
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 2, Burwood Court, Goldlay Avenue, Chelmsford
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