1-bedroom flat · CM1 2BH
Let agreedListed 14 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
A ONE BEDROOM FIRST FLOOR MAISONETTE - kitchen/breakfast room, lounge, bathroom/w.c., gas radiator central heating (NEW GAS BOILER), single bedroom with fitted cupboard , property has own private garden area to the rear.
The property is situated on the west side of Chelmsford City Centre being convenient for the large Morrisons supermarket found at Newland Springs and a small parade of shops, with a COOP , serving those everyday needs.
Bus services are found close by serving the City Centre for more comprehensive amenities including main line rail service to London Liverpool Street.
BATHROOM Refurbished with new wall mounted shower, glass shower screen above panelled bath. Low level WC, wash hand basin with mirror and shelf over. Tiled walls and panelled shower area.
BEDROOM Space for SINGLE bed only, . room dimensions are 7'6 x 9'2 Window to front aspect, radiator, over stairs built in cupboard.
KITCHEN Two windows to rear aspect, Cupboard housing newly fitted gas boiler. Built in Welsh Dresser style wooden unit with drawers and shelves, newly fitted electric wall mounted heater.
Space for washing machine. Built in electric oven and grill. Gas hob with built in extractor hood over, work surfaces, full range of eye and base level units, stainless sink and drainer.
Tiled flooring. HALLWAY & LANDING Parquet flooring, UPVC front door, window to side aspect, radiator. Hanging space. Stairs to first floor landing.
Landing - window to side aspect, small built in cupboard, doors to Lounge, Bedroom, Kitchen and Bathroom. LOUNGE Window to front aspect, radiator.
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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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 Fox Crescent, Chelmsford, Chelmsford, CM1
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